Commercial Lot with Existing Building

8866 State Highway 34 S Quinlan, TX 75474

Claim this Listing
For Sale
$1,400,000

SINGLE_FAMILY - Quinlan, TX

Type:Office
Property size:
5,500 SF
Lot size:
0.89 Acres
Price / SF:
$254/SF
Added:
Jan 8, 2026
Days on Market:
184
Last Refresh:
Jul 11 at 11:06 am

Property Features for 8866 State Highway 34 S

General Information

Property type
Residential
Property subtype
Office
Parking features
Assigned
Standard status
Active
APN
26231
Size
5,500 SF
Lot size
0.89 Acres

Taxes and HOA fees

Tax Description
A0416 HAMBY ISAAC, TRACT 45, ACRES .891
Tax Annual Amount
15026

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1976
Floors in Building
2
Number of units
1
Flooring type
Tile
Building materials
Block
Roof type
Composition

Listing agent Kathy Hobbs License #0417256

Listing office Exit Realty Pinnacle Group Quinlan, TX

Listing date Jan 8, 2026

MLS# 21139175

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 for-sale property presents a build-to-suit opportunity on a sizable commercial lot, paired with an existing building that can support immediate occupancy or future development. The current structure includes several offices that could be adapted for retail, office, or service-based business uses. An upstairs apartment is also part of the improvements, offering additional flexibility for an operator or investor. The property is currently used as an accounting office; however, that business is not for sale, and the sale is for the real estate only. The seller will not make any updates to the building, and all information is approximate and should be verified by the buyer and their agent.

The site benefits from prominent frontage on State Highway 34 and is described as having steady traffic. It is located in Quinlan, a growing community with expanding commercial demand. Starbucks is located to the north, and retail development is noted to the south, including Walmart and other businesses, supporting a retail and professional services orientation for the area.

Given the combination of highway visibility and existing interior office layout, the property may fit tenants, buyers, or developers looking for a high-profile location that can accommodate near-term repurposing or longer-term growth. The existing offices and apartment can provide a foundation for multiple operational concepts while the underlying lot offers room to tailor future improvements to specific business needs.

Key Highlights

  • Block construction building with composition roof and tile flooring
  • Central heating with central air (electric) for year‑round comfort
  • Public water and public sewer services

Local Financial Insights For Retail

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 $132.7k $24.12
− Vacancy −$6.2k −$1.13
EGI $126.4k $22.99
− OpEx −$37.9k −$6.90
NOI $88.5k $16.09
5,500 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,497 @ 7.0% cap · market cap 6.32%
Second Best
Mixed Use
$1.08M
$948.8K – $1.27M (±1% cap)
NOI $75,900 @ 7.0% cap · market cap 5.42%
Theoretical Best
Industrial
$5.47M
$4.78M – $6.38M (±1% cap)
NOI $382,560 @ 7.0% cap · market cap 27.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Storage Facility Building Supply Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic Barber Shop Home Appliance Store

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

FAQs

What type of property is this?
Office building - Build-to-suit site with prominent Highway 34 frontage and an existing office structure plus an upstairs apartment.
Where is this office building located?
The property is located at 8866 State Highway 34 S Quinlan, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Block construction building with composition roof and tile flooring; Central heating with central air (electric) for year‑round comfort; Public water and public sewer services
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More about this property
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