Warehouse-Style Workshop
For Sale
Contact for pricing
100 South First Street, Zavalla, TX 75980
Warehouse-style space with an open layout suited for repair, workshop, or retail uses in downtown Zavalla.
Property Size1,300 SF
Price / SF$75.38
Days on Market53
Property Features for 100 South First Street
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Industrial
Building Details
Year Built
1980
Listing Agency:
KW Buchanan Team
Listed By:
Jeffrey Buchanan · License #TX 468240
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 6 at 11:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Buchanan Team
Investment Insights
Based on property information with market context.
This offering is a warehouse-style commercial building with approximately 1,300 square feet and an open layout designed for flexible use. The property is described as suitable for a range of operating concepts, including a craft shop, tire shop, small engine repair, boat or auto mechanic work, or a workshop setting for building and selling goods. The sale terms note that the property could be purchased with contents, which are currently described as a wood shop and lots of tools, or sold by itself.
The building is located in downtown Zavalla and is positioned in a high-traffic area, with easy access and visibility intended to support customer-facing activity.
For tenants or buyers looking for a straightforward footprint to run a hands-on business, the open configuration supports adaptable work flow and merchandising depending on the operation. The property also provides an option to bundle the contents for an immediate starting point. Additionally, it is being offered for sale either alone or together with 116 W Main Street Zavalla, TX 75980, which is also listed for sale, offering a potential way to consolidate operations if desired.
The building is located in downtown Zavalla and is positioned in a high-traffic area, with easy access and visibility intended to support customer-facing activity.
For tenants or buyers looking for a straightforward footprint to run a hands-on business, the open configuration supports adaptable work flow and merchandising depending on the operation. The property also provides an option to bundle the contents for an immediate starting point. Additionally, it is being offered for sale either alone or together with 116 W Main Street Zavalla, TX 75980, which is also listed for sale, offering a potential way to consolidate operations if desired.
Key Highlights
- 1,300 SF warehouse‑style space with an open layout for a variety of business uses
- Built in 1980
- Suitable for uses such as craft shop, tire shop, small engine repair, boat/auto mechanic, or workshop
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,818
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$156,360
$156.4K
Cap Rate 7%
$111,686
$111.7K
Cap Rate 9%
$86,867
$86.9K
Market Conditions
NOI Build-Up for 1,300 SF
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.
Gross rent
$10.5K $8.04/SF
− Vacancy
−$1.3K −$0.96/SF
EGI
$9.2K $7.08/SF
− OpEx
−$1.4K −$1.06/SF
NOI
$7.8K $6.01/SF
Area
Angelina County, TX
Vacancy
12.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$156,360
Cap Rate 7%
$111,686
Cap Rate 9%
$86,867
Alternative Uses
Best Use
Retail
$251.6K
$220.1K – $293.5K
NOI $17,609 @ 7.0% cap · market cap 17.97%
Second Best
Warehouse
$111.7K
$97.7K – $130.3K
NOI $7,818 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$366.4K
$320.6K – $427.5K
NOI $25,647 @ 7.0% cap · market cap 26.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75980, TX
2,453
Population
1,855
Households
1.3
Avg Household Size
51
Median Age
10%
College-Educated
79%
High-School Grad
156.6 sq mi
ZIP Area
16
Density / Sq Mi
$45,441
Median Household Income
$38,859
Median Earnings
$669
Median Rent
$94,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse-style space with an open layout suited for repair, workshop, or retail uses in downtown Zavalla.
Where is this warehouse located?
The property is located at 100 South First Street Zavalla, TX.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: 1,300 SF warehouse‑style space with an open layout for a variety of business uses; Built in 1980; Suitable for uses such as craft shop, tire shop, small engine repair, boat/auto mechanic, or workshop
