Building Details

Year built 2008

Floors in Building 1

Number of units 1

Flooring type Concrete

Building materials MetalSiding

Roof type Metal

Listing Agency: Kelly Harris Company,LLC Show Phone

Listed By: Kelly Harris · License #0332614 Show Phone

Added: Apr 29 Changed: Aug 21 Last Checked: Oct 9 at 11:06AM

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MLS# 21180251

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.

This flex property at 13332 FM 744 in Barry includes a 3,600-square-foot metal-sided building constructed in 2008. The structure measures approximately 70 by 52 feet, has 14-foot sidewalls, concrete flooring, one 10' x 10' roll-up door, and a covered porch measuring approximately 11 by 70 feet across the front. Five new horizontal slider windows and two new metal personnel doors provide additional access and natural light.

The site is fully fenced with 6' ornamental fencing and custom gates. It has frontage on both FM 744 and FM 55, along with a road-base parking lot. Underground electrical service extends to the building through Navarro Electric, and Navarro Mills Water Supply has a meter in place on FM 744 near a power pole in the right of way. The property is un-zoned, and an LPD septic system will be installed.

Key Highlights

• 3,600 square feet under roof on a 1.2‑acre parcel
• Approximately 70x52 building with 14' sidewalls
• One 10' x10' roll‑up overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,090

Cap Rate

7.70%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$461,800 $461.8K

Cap Rate 7%

$329,857 $329.9K

Cap Rate 9%

$256,556 $256.6K

Market Conditions

NOI Build-Up for 3,600 SF

Gross rent

$36.3K $10.08/SF

− Vacancy

−$3.3K −$0.92/SF

EGI

$33.0K $9.16/SF

− OpEx

−$9.9K −$2.75/SF

NOI

$23.1K $6.41/SF

Area

Navarro County, TX

Vacancy

9.10%

Lease Rate

$10.08 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$461,800

Cap Rate 7%

$329,857

Cap Rate 9%

$256,556

Alternative Uses

Best Use

Warehouse

$395.7K

$346.2K – $461.7K (±1% cap)

NOI $27,699 @ 7.0% cap · market cap 9.23%

Second Best

Industrial

$329.9K

$288.6K – $384.8K (±1% cap)

NOI $23,090 @ 7.0% cap · market cap 7.70%

Theoretical Best

Multifamily LT 5

$39.55M

$34.61M – $46.14M (±1% cap)

NOI $2,768,483 @ 7.0% cap · market cap 922.83%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Lease Details

14 ft

Clear height

1

Drive-in doors

Yes

Fenced yard

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 75102, TX

1,501

Population

644

Households

2.3

Avg Household Size

40

Median Age

12%

College-Educated

79%

High-School Grad

69.0 sq mi

ZIP Area

22

Density / Sq Mi

$82,863

Median Household Income

$30,833

Median Earnings

$1,110

Median Rent

$115,400

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Metal-sided commercial building with concrete flooring, secured fencing, and utility access in Barry, Texas.

Where is this flex space located?

The property is located at 13332 FM 744 Barry, TX.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: 3,600 square feet under roof on a 1.2‑acre parcel; Approximately 70x52 building with 14' sidewalls; One 10' x10' roll‑up overhead door