Light Industrial Flex
613 S Armstrong Avenue Denison, TX 75020
New
613 S Armstrong Avenue, Denison, TX, 75020
$1,900,000
For Sale
$1,900,000
COMMERCIAL - Denison, TX
Property Size14,730 SF
Lot Size1.05 Acres
Price / SF$128.99
Days on Market6
Property Features for 613 S Armstrong Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 378813
- Size
- 14,730 SF
- Lot size
- 1.05 Acres
Taxes and HOA fees
- Tax Description
- LAYNES ADDITION, 1.0495 acres
- Tax Annual Amount
- 6203
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Zoned
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Concrete
- Roof type
- Synthetic
Listing agency
Easy Life Realty
(903) 224-5171
Listed by
Lisa Hitchcock · License #0611932
(903) 224-5171
Added: Jul 17 Checked: Jul 22 at 11:06AM
MLS# 21233205
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 light industrial flex warehouse includes a newly installed TPO roof with poly-iso insulation and a newly constructed 1,500-square-foot storefront or office space. The property also features an expansive storage yard and a flexible layout suited to a range of operational needs.
Located at 613 S. Armstrong Avenue in Denison, the property is positioned for access and visibility along Hwy 91 and Armstrong Avenue, with quick access to Hwy 75 and Hwy 81 and nearby downtown Denison. The site includes two additional lots across the alley, each approximately .344 acres, offering room for expansion.
With approximately 1.0495 acres on the main lot and warehouse/distribution-oriented configuration, this property is presented for manufacturing, distribution, storage, and service operations under its light industrial zoning designation.
Located at 613 S. Armstrong Avenue in Denison, the property is positioned for access and visibility along Hwy 91 and Armstrong Avenue, with quick access to Hwy 75 and Hwy 81 and nearby downtown Denison. The site includes two additional lots across the alley, each approximately .344 acres, offering room for expansion.
With approximately 1.0495 acres on the main lot and warehouse/distribution-oriented configuration, this property is presented for manufacturing, distribution, storage, and service operations under its light industrial zoning designation.
Key Highlights
- Light industrial‑zoned commercial property in Denison built in 1975 with concrete construction and concrete flooring
- New TPO roof with poly‑iso insulation and synthetic roof material
- Includes a newly constructed 1,500‑SF storefront/office 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 | $120.2k | $8.16 |
| − Vacancy | −$10.6k | −$0.72 |
| EGI | $109.6k | $7.44 |
| − OpEx | −$16.4k | −$1.12 |
| NOI | $93.2k | $6.33 |
14,730 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.33M
$1.16M – $1.55M
NOI $93,177 @ 7.0% cap · market cap 4.90%
Second Best
Industrial
$1.10M
$959.2K – $1.28M
NOI $76,734 @ 7.0% cap · market cap 4.04%
Theoretical Best
Hotel Hospitality
$7.56M
$6.61M – $8.82M
NOI $528,954 @ 7.0% cap · market cap 27.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cerma Industries, LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Knife And Whisk — 130 W Acheson St, Denison, TX 75020
- Mells Grill Restaurant & Jazz Lounge — 531 W Crawford St, Denison, TX 75020
FAQs
What type of property is this?
Flex space - Flex warehouse with newly constructed TPO-roofed storefront/office space, light industrial zoning, and an expansive storage yard.
Where is this flex space located?
The property is located at 613 S Armstrong Avenue Denison, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Light industrial‑zoned commercial property in Denison built in 1975 with concrete construction and concrete flooring; New TPO roof with poly‑iso insulation and synthetic roof material; Includes a newly constructed 1,500‑SF storefront/office space
