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    Versatile Commercial Property in Farmersville, TX Title is generated by Realmo AI

    5476 Business 78, Farmersville, TX 75442

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    Claim this Listing
    For Lease
    $7,500/Mo $1.18 SF/Yr (calc)

    Industrial - Farmersville, TX

    Type:Industrial
    Property size:
    76,500 SF
    Lot size:
    1.69 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    28
    Last Refresh:
    May 19 at 3:06 pm

    Property Features for 5476 Business 78

    General Information

    Property type
    Other
    Property subtype
    Industrial
    Parking features
    Garage, Gated
    Standard status
    Active
    APN
    R103100300101
    Size
    76,500 SF
    Lot size
    1.69 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1991
    Flooring type
    Concrete
    Building materials
    Aluminum Siding, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Leslie Marquez

    Listing agent Leslie Marquez License #0827181

    Listing office M&D Real Estate 105 E Main St, ROCKWALL, TX

    Listing date Apr 22, 2026

    MLS# 21218840 Listing URL

    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.

    HighLights

    • Expansive 76,500 sq ft commercial property in a fast‑growing Collin County corridor.
    • Prime location directly along Texas Highway 78, offering high visibility and accessibility.
    • Includes a 50x60 garage and dedicated office space.
    • Abundant parking and open space.
    • Nearly new perimeter fence provides enhanced security.
    • Proximity to Lake Lavon offers recreational draw.

    Overview

    This 76,500 sq ft commercial property is positioned along Texas Highway 78, minutes from Lake Lavon, in Collin County. The property includes a 50x60 garage suitable for storage, operations, or conversion, and a dedicated office space. The layout supports administrative and industrial uses. There is parking and open space available, suitable for vehicle storage, equipment staging, or customer access. Potential business uses include a contractor’s yard, logistics hub, automotive business, or outdoor storage facility. The property is secured by a perimeter fence that is less than one year old. The 1.693-acre lot offers redevelopment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Accounting Firm Storage Facility HVAC Service Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmersville
    County
    Collin
    State
    Texas
    Longitude
    -96.373001
    Latitude
    33.183318

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    FAQs

    What type of property is this?
    Flex space - Expansive commercial property with highway frontage and development potential.
    Where is this flex space located?
    The property is located at 5476 Business 78 Farmersville, TX.
    What is the lease rate?
    The lease rate is $7,500 /Mo.
    What are key features of this property?
    This property features: Expansive 76,500 sq ft commercial property in a fast‑growing Collin County corridor.; Prime location directly along Texas Highway 78, offering high visibility and accessibility.; Includes a 50x60 garage and dedicated office space.
    (972) 765-3341
    We can help!
    Listing Contact
    Leslie Marquez
    Real Estate License ID: 0827181
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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