17341 Little York RdHouston, TX 77084

This exceptional investment opportunity presents a thriving auto service business and building located at 17341 W Little York Rd, Houston, TX 77084, in Harris County. Priced at $3,300,000, this owner-user property boasts a substantial 1.29-acre lot and offers a compelling 9.15% cap rate with a Net Operating Income (NOI) of $301,962. The property includes a building valued at $945,000 and land appraised at $750,000, along with a business valuation of $1,100,000. The business generates a gross income of $754,907 and includes approximately $200,000 in readily available cash. Operational expenses include approximately $500 monthly for electricity and $200 monthly for water. The property also features three income-generating rental spaces, each bringing in $2,500 per month for parts and car storage, plus additional income from a front entrance bay ($1,000-$1,500). Eight forklifts (a mix of 2-4 leg and 2-6 leg models) are included. The roof has not been replaced since 2003, and a new AC unit would cost approximately $7,500. The business employs four W2 employees and one cash employee. Seller financing is available at 8% interest with a $500,000 down payment. This turnkey operation presents a rare chance to acquire a profitable, established business with significant growth potential. The price per square foot is $58.73.