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    11158 Fm 751 Quinlan, TX 75474

    View on Map
    New
    For Lease
    $1,200 /Mo

    Business - Quinlan, TX

    Type:Business
    Lot size:
    0.44 Acres
    Added:
    Apr 4, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 7 at 12:06 pm

    Property Features for 11158 Fm 751

    General Information

    Property type
    Other
    Property subtype
    Business
    Standard status
    Active
    APN
    23456
    Lot size
    0.44 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    Ceiling Fan(s), Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1975
    Flooring type
    Carpet, Laminate
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Holly Norton

    Listing agent Holly Norton License #0525813

    Listing office ListingsSold.com 10471 Buffalo, Wills Point, TX

    Listing date Apr 4, 2026

    MLS# 21229129 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Quinlan Commercial Space Opportunity

    This commercial building in Quinlan, TX, presents an opportunity for a new business venture. Previously operated as The Kings Inn nightclub and most recently as a church, the property offers possibilities for a restaurant, retail, or office space. Adding living quarters is permissible in Hunt County, as the property is located outside city limits and subject only to Hunt County restrictions. The location is conveniently situated a short distance from SH 276 in Quinlan and approximately 10 minutes from US 80 in Wills Point, with Lake Tawakoni across the street. The property features an 8 ft roll-up door for loading and unloading, a main entrance door, and three additional entry doors. Interior spaces include one full bathroom and two half baths, a large kitchen area, a small enclosed office space near the main entry, a large sanctuary area near the entryway, and three additional large rooms. Parking is available in a gravel area in front of the building, with space to add more parking on both sides. The property is on a 0.437-acre lot and utilizes lateral lines with two tanks for sewer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Discount Store Electrical Service Grocery & Convenience Store Travel Agency (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Quinlan
    County
    Hunt
    State
    Texas
    Longitude
    -96.0544295
    Latitude
    32.8464581

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Commercial Space on Highway

      4,600+ sqft commercial space with highway frontage in Quinlan, TX.
      760 E Quinlan Parkway, Quinlan, TX 75474
      View Details
    • $22/mo

      Retail Opportunity in Quinlan, TX

      7,635 SF shopping center with highway frontage and ample parking.
      1205 E Quinlan Parkway, Quinlan, TX 75474
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile commercial building near Lake Tawakoni, suitable for various businesses.
    Where is this retail space located?
    The property is located at 11158 Fm 751 Quinlan, TX.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Versatile Commercial Space: Suited for restaurant, retail, office, or even residential conversion.; Outside City Limits: Enjoy flexibility with only Hunt County restrictions.; Strategic Location: Easy access via SH 276 and US 80.
    (214) 502-4242
    We can help!
    Listing Contact
    Holly Norton
    Real Estate License ID: 0525813
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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