Coffee Shop with
For Sale
$539,000
453 Depot St, Deport, TX 75435
CommercialSale, Deport, TX
Property Size1,600 SF
Lot Size1.81 Acres
Price / SF$336.88
Days on Market40
Property Features for 453 Depot St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Subdivision
City Of Deport
Lot features
Acreage
Directions
HWY 271 South to left on Depot St. Property on the left
Standard status
Active
APN
40903
Lot size
1.81 Acres
Taxes and HOA fees
Tax Description
CITY OF DEPORT, A719 J PATTERSON, ACRES 1.808
Tax Annual Amount
786
Legal Description
CITY OF DEPORT, A719 J PATTERSON, ACRES 1.808
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2023
Floors in Building
1
Number of units
17
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
(972) 599-7000
Listed By:
Teresa Burt · License #0687636
(903) 782-4876
Added: Jul 28
Changed: Sep 2
Last Checked: Sep 5 at 4:06AM
MLS# 21342835
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 1,600-square-foot coffee shop property, built in 2023, includes a dining area, storage room, office, and drive-through window. The building also has a concrete floor, metal siding, central heating and air conditioning, and an 8 x 8 walk-in cooler.
The site spans 1.808 acres at 453 Depot St in Deport, Texas, along a major thoroughfare. Sixteen double-walled, climate-controlled storage units, each measuring 10 x 10, provide an additional on-site component. The property includes a parking lot and a metal roof.
The site spans 1.808 acres at 453 Depot St in Deport, Texas, along a major thoroughfare. Sixteen double-walled, climate-controlled storage units, each measuring 10 x 10, provide an additional on-site component. The property includes a parking lot and a metal roof.
Key Highlights
- 1,600‑square‑foot coffee shop building constructed in 2023
- Drive‑through window, dining area, storage room, and office
- 8 x 8 walk‑in cooler included
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
$28,454
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
5.28%
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%
$569,080
$569.1K
Cap Rate 7%
$406,486
$406.5K
Cap Rate 9%
$316,156
$316.2K
Market Conditions
NOI Build-Up for 1,600 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
$39.9K $24.96/SF
− Vacancy
−$2.0K −$1.25/SF
EGI
$37.9K $23.71/SF
− OpEx
−$9.5K −$5.93/SF
NOI
$28.5K $17.78/SF
Area
Lamar County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
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%
$569,080
Cap Rate 7%
$406,486
Cap Rate 9%
$316,156
Alternative Uses
Best Use
Specialty Retail
$406.5K
$355.7K – $474.2K
NOI $28,454 @ 7.0% cap · market cap 5.28%
Second Best
Warehouse
$141.7K
$124.0K – $165.3K
NOI $9,918 @ 7.0% cap · market cap 1.84%
Theoretical Best
Hotel Hospitality
$1.21M
$1.05M – $1.41M
NOI $84,360 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75435, TX
994
Population
589
Households
1.7
Avg Household Size
43
Median Age
16%
College-Educated
85%
High-School Grad
58.3 sq mi
ZIP Area
17
Density / Sq Mi
$52,941
Median Household Income
$39,271
Median Earnings
$633
Median Rent
$110,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coffee shop - Customer-facing coffee space with dining and service areas, plus climate-controlled storage units on the property.
Where is this coffee shop located?
The property is located at 453 Depot St Deport, TX.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 1,600‑square‑foot coffee shop building constructed in 2023; Drive‑through window, dining area, storage room, and office; 8 x 8 walk‑in cooler included
