Updated Warehouse with
For Sale
$1,650,000
Pending
1420 Dowdy Ferry Rd., Hutchins, TX 75141
Commercial Sale, Hutchins, TX
Property Size9,600 SF
Lot Size3.89 Acres
Days on Market199
Property Features for 1420 Dowdy Ferry Rd.
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Dallas
Standard status
Pending
APN
65049912110070000
Size
9,600 SF
Lot size
3.89 Acres
Taxes and HOA fees
Tax Description
WILLIAM GATLIN ABST 499 PG 121 TR 7 ACS 3.890
Legal Description
WILLIAM GATLIN ABST 499 PG 121 TR 7 ACS 3.890
Building Details
Year built
1998
Listing Agency:
Exit Realty Pro
(903) 567-7777
Listed By:
Michael Murdock · License #0510964
(903) 567-7777
Added: Feb 12
Changed: Aug 25
Last Checked: Aug 30 at 11:06AM
MLS# 112325
Copyright © 2026 Henderson County Board of REALTORS®. 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 9,600-square-foot warehouse sits on approximately 3.89 acres and includes 1,000 square feet of office space. The office area has a reception area, three private offices, a kitchenette, bathroom, storage, and central HVAC. Building improvements include a 2017 update, plus roof and skylight replacements completed in 2020. Loading capacity includes two dock-high doors and one grade-level freight door, with 3-phase electrical service supporting industrial operations.
The property is located in Hutchins, Texas, roughly one mile from I-45 and approximately 3 miles from I-20. Approximately 293 feet of road frontage and on-site parking provide functional access for warehouse and distribution activity.
The property is located in Hutchins, Texas, roughly one mile from I-45 and approximately 3 miles from I-20. Approximately 293 feet of road frontage and on-site parking provide functional access for warehouse and distribution activity.
Key Highlights
- 3.89‑acre site with a 9,600 square foot warehouse
- 1,000 square feet of office space updated in 2017
- Two dock‑high doors and one grade‑level freight door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,428
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,208,560
$1.2M
Cap Rate 7%
$863,257
$863.3K
Cap Rate 9%
$671,422
$671.4K
Market Conditions
NOI Build-Up for 9,600 SF
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.
Gross rent
$78.0K $8.12/SF
− Vacancy
−$6.9K −$0.71/SF
EGI
$71.1K $7.41/SF
− OpEx
−$10.7K −$1.11/SF
NOI
$60.4K $6.29/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,208,560
Cap Rate 7%
$863,257
Cap Rate 9%
$671,422
Alternative Uses
Best Use
Warehouse
$863.3K
$755.4K – $1.01M
NOI $60,428 @ 7.0% cap · market cap 3.66%
Second Best
Industrial
$710.9K
$622.1K – $829.4K
NOI $49,765 @ 7.0% cap · market cap 3.02%
Theoretical Best
Multifamily LT 5
$115.07M
$100.69M – $134.25M
NOI $8,055,029 @ 7.0% cap · market cap 488.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75141, TX
5,173
Population
1,431
Households
3.6
Avg Household Size
30
Median Age
8%
College-Educated
73%
High-School Grad
11.7 sq mi
ZIP Area
442
Density / Sq Mi
$45,474
Median Household Income
$29,586
Median Earnings
$1,370
Median Rent
$99,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility includes renovated administrative space and freight-loading access.
Where is this warehouse located?
The property is located at 1420 Dowdy Ferry Rd. Hutchins, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 3.89‑acre site with a 9,600 square foot warehouse; 1,000 square feet of office space updated in 2017; Two dock‑high doors and one grade‑level freight door
