2324 W Main St Gun Barrel City, TX 75156
COMMERCIAL - Gun Barrel City, TX
- Added:
- Jun 14, 2024
- Days on Market:
- 757
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for 2324 W Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM.
- Standard status
- Pending
- APN
- 3385.000.049C.53
- Size
- 1,200 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- LOTS 49C, 50C, 51C, AB 742 J SMITH SUR, LOON BAY
Building Details
- Year built
- 1978
Listing agent Robert Blaase License #0393397 (214) 803-2289
Listing office Coldwell Banker American Dream Realty 600 West Main St., Gun Barrel City, TX (903) 887-7055
Listing date Jun 14, 2024
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.
Key Highlights
- Prime corner lot location in the heart of Gun Barrel City.
- Land and building included in the listing.
- Approximately 0.37 acres of land.
Local Financial Insights For Retail
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 | $24.0k | $20.04 |
| − Vacancy | −$529 | −$0.44 |
| EGI | $23.5k | $19.60 |
| − OpEx | −$7.1k | −$5.88 |
| NOI | $16.5k | $13.72 |
