Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8723 Fm 2728 Terrell, TX 75161

    View on Map
    Sponsored
    For Lease
    $2,750 /Mo

    Warehouse - Terrell, TX

    Type:Warehouse
    Lot size:
    21.47 Acres
    Days on Market:
    69
    Last Refresh:
    Mar 7 at 1:06 pm

    Property Features for 8723 Fm 2728

    General Information

    Property type
    Other
    Property subtype
    Warehouse
    Property condition
    New Construction
    Standard status
    Active
    APN
    8732
    Parking features
    Assigned, Parking Lot
    Lot size
    21.47 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    2022
    Flooring type
    Other
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Enrique Arjona

    RDE Capital Group LLC (214) 799-9744

    Listing agent Enrique Arjona (972) 982-2442 License #0619039

    Listing date Dec 29, 2025

    MLS# 20990411 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.

    Learn more

    Property Insight Report

    Overview

    Terrell, TX Warehouse Space

    Discover warehouse spaces located just outside Kaufman city limits in Terrell, Texas. Each unit offers 4,000 SF of space with a 20-foot center clearance and dual 12' x 12' grade-level doors. The property is located less than one minute from Interstate 20. An optional office build-out and restroom are available. The property is situated in an anchored industrial park and is ideal for light industrial or service-based businesses that require accessibility and flexibility. The lot size is 21.472 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Redcon Auto Hail ... Auto Repair Shop 142 Diesel Performance Auto Repair Shop Anchored Industrial Park ... Warehouse & Storage Redcon Roofing & Restoration Roofing Company

    Suggested Use

    Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Department Store Shopping Center & Mall Bed & Breakfast Pet Store Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.204463
    Latitude
    32.678584

    Nearby Similar for Lease

    • $1.00 SF/Yr
      5,750 SF

      Retail Building For Lease

      5,700 sq ft building in Terrell, TX available for lease.
      200 E Nash St, Terrell, TX 75160
      View Details
    • $3,800 /Mo
      43,560 SF

      Versatile Shop Space Near Terrell

      4,000 sq ft shop with offices and roll-up doors.
      6274 N Fm 148, Terrell, TX 75160
      View Details
    • $2,600 /Mo
      156,468 SF

      Industrial Building with Shelving, Office

      1440 sqft industrial building with office and inside/outside storage.
      7662 County Road 301, Terrell, TX 75160
      View Details
    • $6,200 /Mo
      2,998 SF

      Poetry Ranch with Mature Trees

      25-acre ranch in Poetry, TX, ideal for various uses.
      16300 County Road 255, Terrell, TX 75160
      View Details
    • Contact for pricing
      40,000 SF

      Retail Space Near Tractor Supply

      Retail space available in high-traffic area near Tractor Supply.
      100 State Highway 205, Terrell, TX 75160
      View Details
    • Contact for pricing
      4,827 SF

      Restaurant End Cap with Drive-Thru

      Second-generation restaurant space with drive-thru, near Walmart Supercenter.
      1888 W Moore Ave, Terrell, TX 75160
      View Details
    • Contact for pricing
      5,000 SF

      Terrell Warehouse Space Available

      5,000 SF warehouse space for lease in Terrell, Texas.
      8024 Michael Talty Ave, Terrell, TX 75160
      View Details
    • Contact for pricing
      6,000 SF

      New Construction Warehouses For Lease

      New construction warehouses for lease with versatile opportunities.
      6562 Michael Talty Ave, Terrell, TX 75161
      View Details
    • Contact for pricing
      4,800 SF

      Prime Retail Space Near Outlets

      Ideally situated retail space with high visibility and traffic.
      341 Tanger Dr, Terrell, TX 75160
      View Details
    • Contact for pricing
      25,000 SF

      Historic Building in Downtown Terrell

      Historic building in downtown Terrell, near upcoming revitalization district.
      201 E Moore Ave, Terrell, TX 75160
      View Details
    • $4,900 /Mo
      90,910 SF

      Terrell Office Space For Rent

      Office space in Terrell Square Shopping Center, near Dollar General.
      632 N Rockwall Ave, Terrell, TX 75160
      View Details
    • Contact for pricing
      51,875 SF

      New Terrell Logistics Park Space

      Class A industrial space in new logistics park available for lease.
      1149 S Virginia St, Terrell, TX 75160
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,000 SF warehouse spaces near Interstate 20 in Terrell, TX.
    Where is this warehouse located?
    The property is located at 8723 Fm 2728 Terrell, TX.
    What is the lease rate?
    The lease rate is $0.04 SF/Yr.
    What are key features of this property?
    This property features: - Located less than one minute from Interstate 20, providing **excellent accessibility**.; - 4,000 SF warehouse space suitable for light industrial or service-based businesses.; - Benefit from **20-foot center clearance** for ample vertical storage and operational space.
    (972) 982-2442
    Request Owner's contact information
    8723 Fm 2728 Terrell, TX 75161
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8723 Fm 2728
    Terrell, TX 75161
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8723 Fm 2728 Terrell, TX 75161
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Enrique Arjona
    Real Estate License ID: 0619039
    (972) 982-2442 (214) 799-9744
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!