1200 S Highway 377 Pilot Point, TX 76258
COMMERCIAL - Pilot Point, TX
Property Features for 1200 S Highway 377
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway, Parking Lot
- Standard status
- Active
- APN
- R149145
- Lot size
- 0.90 Acres
Taxes and HOA fees
- Tax Description
- A1139A C. SMITH, TR 366B, 0.2785 ACRES
- Tax Annual Amount
- 6052
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- MetalSiding, Concrete, Rock, Stone
- Roof type
- Metal
Listing agent Benjamin Clark License #0611947 (940) 484-9411
Listing office Keller Williams Realty Denton, TX (940) 484-9411
Listing date May 1, 2026
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.
Investment Insights
Based on property information with market context.
Located along the Highway 377 corridor, the site benefits from direct access and high visibility along US Highway 377, a major transportation artery connecting Denton, Aubrey, Celina, and the greater Dallas-Fort Worth Metroplex. The position is intended to support strong traffic exposure and convenient connectivity for customers, vendors, and employees.
This property is well suited for owner-users and investors seeking a versatile campus that combines office space with functional warehouse and flex attributes. Businesses that need overhead-door access, secure outdoor storage, and the ability to adapt space to changing operational needs should find the layout practical. It also offers an investment opportunity for those looking to deploy capital into a flexible, operationally capable asset in a growing North Texas market.
Key Highlights
- Two commercial buildings totaling approx. 9,000 SF: approx. 5,000 SF and approx. 4,000 SF
- Direct access and high visibility along US Highway 377 corridor
- Approx. 0.84‑acre site with parking lot and driveway parking
Local Financial Insights For Warehouse
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 | $72.4k | $8.04 |
| − Vacancy | −$6.4k | −$0.71 |
| EGI | $66.0k | $7.33 |
| − OpEx | −$9.9k | −$1.10 |
| NOI | $56.1k | $6.23 |
