Property
| Ownership: | Fee Simple |
|---|---|
| Type: | mixed-use |
| Lot Size: | 0.9 Acres |
Financials
Price:$1,200,000
Annual Taxes:$10,646
Listing Courtesy of KILGORE REAL ESTATE
Rare four building automotive investment on S.
Description
Rare four-building automotive investment on S. Parsons Ave, fully leased to three long-standing tenants generating $128,400 in gross annual rent. The 0.87-acre CG-zoned site includes an office building, two auto repair/garage buildings with seven above-ground hydraulic lifts, and a cell tower easement. All leases are month-to-month, offering an investor immediate cash flow with flexibility to hold, reposition, or convert to owner-user. 194' of frontage on S. Parsons Ave with ±19,300 vehicles per day. Office building roof replaced in 2025. CG zoning supports continued automotive use or redevelopment. Offered at $1,200,000 — an 8.79% cap rate.
Amenities
- Dumpsters
- Electricity Available
- Extra Storage
- Fencing
- High Bays
- Outside Storage
- Overhead Door(s)
- Reception
- Security Lights
- Sidewalk
- Sloped
- Street Lights
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
