About This Property

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.

Key Features

• Built in 1958

Property Details

• Type: Single Family Home
• Year Built: 1958
• Lot Size: 0 sq ft
• Sq Ft: 8,373
• Price / Sq Ft: $143
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1958
• Status: Active
• MLS Number: MFR806334370
• Days on Market: 1
• Listed By: KILGORE REAL ESTATE · John Grygiel
• Zip Code: 33584