1210 Bear Creek RdGlenn Heights, TX 75154

  • Auto shops
  • 3,050 SF
For Sale
$1,800,000 View listing

Property Details for 1210 Bear Creek Rd

Year built
2019
Construction
TILT-UP CONCRETE
Lot size
0.79 AC
Property size (Sq ft)
3,050 SF
Zone code
Z31
Property type
Auto shops
APN
279001800B0030000
APU
279001800B0030000

Description

Exceptional investment opportunity: a thriving, 3,048 square-foot auto shop in Glenn Heights, Texas, is available for sale. Built in 2019, this retail property boasts four service bays and is strategically located on 1210 E Bear Creek Rd, 75154, Dallas County. The property enjoys high visibility and traffic due to its proximity to I-35 and a DART park-and-ride bus stop. The area is experiencing significant population growth (4.87% annually), ensuring a strong customer base. This turnkey operation includes all fixtures, furniture, and equipment (FF&E), along with an attached Smart Start business providing additional recurring revenue with minimal overhead. The combined businesses generate a substantial net annual profit of $600,000. The property is zoned for retail use and benefits from its central location between Desoto, Red Oak, and Ovilla, offering easy access to a large customer base. The automotive industry's recession-resistant nature makes this a particularly attractive investment. The sale includes both the real estate and the established automotive business. Approved provider of multiple ignition interlock services further enhances the revenue stream. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $764,677
    6.5%
    $705,856
    7%
    $655,438
  • Comparable approach

    Method
    Valuation
    Relative Method
    $838,664
    Geo Method
    $2,301,112
  • Alternative Use

    Use
    Valuation
    Residential
    $595,416
    Hospitality
    $545,398
    Educational
    $453,764
    Medical
    $469,370
    Retail
    $705,856
1210 Bear Creek Rd, Glenn Heights, Texas
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Location Insight

City
Glenn Heights
County
Dallas
State
Texas
Latitude
32.5602
Longitude
-96.827
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,455
$34,460
$444,540
$479,000
-
$34,460
$444,540
$479,000

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