Highway 175 Commercial Building

15821 E US HWY 175 Kemp, TX 75143

Claim this Listing
For Sale
$999,000

COMMERCIAL - Kemp, TX

Property size:
7,200 SF
Price / SF:
$138/SF
Added:
Feb 4, 2025
Days on Market:
521
Last Refresh:
Jul 10 at 8:06 pm

Property Features for 15821 E US HWY 175

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMM
Standard status
Active
APN
99.0254.0000.0070.00.04.05
Size
7,200 SF

Taxes and HOA fees

Tax Description
APPROX .503 AC JNO G JACOBS SUR, A-254

Building Details

Year built
2021

Listing agent Buck Gentry License #0416423

Listing office Coldwell Banker American Dream Realty 600 West Main St., Gun Barrel City, TX

Listing date Feb 4, 2025

MLS# 108315

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 commercial property is located between Kemp and Mabank on Highway 175, near Cedar Creek Lake. Currently used as an office for Cedar Creek Pools and for Parks Construction equipment and storage, the 7200-square-foot building offers multiple possibilities. The structure measures 60x120 and features six roll-up doors and four walk-through doors. The downstairs area, approximately 1200 square feet, includes a large office area with two small offices, two bathrooms, and a kitchenette. The upstairs area, approximately 1500 square feet, contains eight offices, a full-size kitchen, and a dining area. The remaining 6000 square feet is dedicated to warehouse space, which is foam insulated.

Key Highlights

  • Prime commercial location on Hwy 175 between Kemp and Mabank, near Cedar Creek Lake.
  • Large 60x120 building with 6 roll‑up doors and 4 walk‑thru doors.
  • Approximately 6000 sqft of foam‑insulated warehouse space.

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 $64.8k $9.00
− Vacancy −$5.9k −$0.82
EGI $58.9k $8.18
− OpEx −$8.8k −$1.23
NOI $50.1k $6.95
7,200 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $123,918 @ 7.0% cap · market cap 12.40%
Second Best
Retail
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,137 @ 7.0% cap · market cap 12.03%
Theoretical Best
Multifamily LT 5
$90.62M
$79.29M – $105.72M (±1% cap)
NOI $6,343,067 @ 7.0% cap · market cap 634.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Similar Off Market Nearby

  • Kemp Mini Storage. — 114 TX-274, Kemp, TX 75143
  • TCM Storage — 11639 U.S. 175 Frontage Rd, Kemp, TX 75143

FAQs

What type of property is this?
Warehouse - Versatile commercial building between Kemp and Mabank on Highway 175.
Where is this warehouse located?
The property is located at 15821 E US HWY 175 Kemp, TX.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Prime commercial location on Hwy 175 between Kemp and Mabank, near Cedar Creek Lake.; **Large 60x120 building with 6 roll‑up doors and 4 walk‑thru doors.**; Approximately 6000 sqft of foam‑insulated warehouse space.
Contact an agent
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