For Sale
$1,340,000

1404 Hall St Fort Worth, TX 76105

Established auto repair business, high growth area.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a thriving, established auto repair shop in Fort Worth, Texas. Located at 1404 Hall St, in the 76105 zip code, this 3,000 square foot business, built in 1983, sits on a 6,800 square foot lot and boasts 100% occupancy since July 24, 2012. The property is zoned for commercial use and offers a strong net operating income (NOI) of $111,815, resulting in an attractive 8.34% cap rate. The asking price is $1,340,000, translating to $446.67 per square foot for the building and $147.06 per square foot for the land. Founded in 1996, this single-story building has cultivated a loyal customer base through consistent, high-quality service. Its prime location, minutes from downtown Fort Worth, ensures continued success and significant growth potential. This owner-user opportunity allows for immediate operational control and the potential to leverage the existing strong reputation and operational efficiencies. The business is situated in a high-growth area of Tarrant County, offering significant long-term value appreciation. This is a rare chance to acquire a profitable, established business with substantial upside in a desirable location.

Property Details for 1404 Hall St

Property type
Commercial real estate
Square Feet
3,000 SF
Year Built
1983
Buildings
1
Stories
1
Units
1

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7305762
Longitude
-97.2949564

FAQs

What type of property is this?
Commercial real estate - Established auto repair business, high growth area.
Where is the commercial real estate located?
The property is located at 1404 Hall St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,340,000.
How can I contact the broker?
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1404 Hall St
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