Building Details

Year built 1990

Listing Agency: Coldwell Banker American Dream Realty Show Phone

Listed By: Robert Blaase · License #0393397 Show Phone

Added: Oct 8 Last Checked: Oct 9 at 7:06AM

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MLS# 113521

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 flex property contains 6,170 square feet on approximately 2.93 acres. The building has a storefront area, six additional rooms, and a warehouse served by three roll-up doors. The grounds are fenced, with two gated entrances leading to the rear of the property. The building was constructed in 1990 and is zoned Comm.

Located at 735 W Main St in Gun Barrel City, the property combines interior commercial space with a sizable outdoor area. Its configuration includes distinct storefront, room, and warehouse components.

Key Highlights

• 6,170‑square‑foot building on 2.93 acres
• Storefront area, six additional rooms, and warehouse space
• Warehouse has three roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,430

Cap Rate

5.53%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$768,600 $768.6K

Cap Rate 7%

$549,000 $549.0K

Cap Rate 9%

$427,000 $427.0K

Market Conditions

NOI Build-Up for 6,170 SF

Gross rent

$50.3K $8.16/SF

− Vacancy

−$5.1K −$0.83/SF

EGI

$45.2K $7.33/SF

− OpEx

−$6.8K −$1.10/SF

NOI

$38.4K $6.23/SF

Area

Henderson County, TX

Vacancy

10.20%

Lease Rate

$8.16 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$768,600

Cap Rate 7%

$549,000

Cap Rate 9%

$427,000

Alternative Uses

Best Use

Flex RnD

$928.1K

$812.1K – $1.08M (±1% cap)

NOI $64,970 @ 7.0% cap · market cap 9.35%

Second Best

Warehouse

$549.0K

$480.4K – $640.5K (±1% cap)

NOI $38,430 @ 7.0% cap · market cap 5.53%

Theoretical Best

Office A

$2.17M

$1.90M – $2.53M (±1% cap)

NOI $151,930 @ 7.0% cap · market cap 21.86%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Home Medical Production Facility

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Bakery HVAC Service Carpet & Flooring Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

405

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 75156, TX

15,708

Population

8,969

Households

1.8

Avg Household Size

48

Median Age

17%

College-Educated

86%

High-School Grad

32.1 sq mi

ZIP Area

489

Density / Sq Mi

$59,303

Median Household Income

$35,316

Median Earnings

$932

Median Rent

$209,100

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - A storefront, six interior rooms, and three roll-up doors provide a mix of customer-facing and warehouse space.

Where is this flex space located?

The property is located at 735 W Main St Gun Barrel City, TX.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 6,170‑square‑foot building on 2.93 acres; Storefront area, six additional rooms, and warehouse space; Warehouse has three roll‑up doors