1024 Us-377 Pilot Point, TX 76258
COMMERCIAL - Pilot Point, TX
Property Features for 1024 Us-377
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- R160029
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Description
- B. R. ADDN BLK 1 LOT 1
- Tax Annual Amount
- 6778
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing agent Benjamin Clark License #0611947 (940) 484-9411
Listing office Keller Williams Realty Denton, TX (940) 484-9411
Listing date Jun 30, 2026
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Investment Insights
Based on property information with market context.
The buildings are positioned directly on US-377 in Pilot Point, providing prominent visibility and straightforward access along a heavily traveled corridor.
Recent capital improvements were completed in 2020, including a new roof, updated walls, HVAC for the office area, and upgraded electrical systems. With its office-to-warehouse flow, multiple overhead doors, and on-site parking, the property can work well for tenants needing a functional combination of workspace, storage, and customer or service access, as well as owner-occupants seeking an industrial facility that supports ongoing operations.
Key Highlights
- Approximately 9,200 SF of warehouse, office, and flex space in two connected buildings
- Two private offices plus a reception/conference room and a half bath in the front office area
- Warehouse includes multiple ground level overhead doors, 13 ft ceilings, natural light, and a second half bath
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $227.4k | $24.72 |
| − Vacancy | −$56.9k | −$6.18 |
| EGI | $170.6k | $18.54 |
| − OpEx | −$42.6k | −$4.64 |
| NOI | $127.9k | $13.91 |
