Flex Building with Covered Work
For Sale
$400,000
10015 Fm 751, Quinlan, TX 75474
CommercialSale, Quinlan, TX
Property Size3,250 SF
Lot Size0.94 Acres
Price / SF$123.08
Days on Market58
Property Features for 10015 Fm 751
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Outside City Limits
Parking features
Covered
Lot features
Interior Lot, Level, Few Trees
Directions
From I-30, take the TX-34 South exit and continue south to TX-276. Turn left and travel east on TX-276, then turn right onto FM 751. Continue south on FM 751. The property will be located on the north side of FM 751.
Standard status
Active
APN
106937
Size
3,250 SF
Lot size
0.94 Acres
Taxes and HOA fees
Tax Description
A0822 PRICE REASE, TRACT EEEE-3, ACRES .936
Tax Annual Amount
3437
Legal Description
A0822 PRICE REASE, TRACT EEEE-3, ACRES .936
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Building Details
Year built
2015
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
RE/MAX Landmark Rose · RE/MAX International
(903) 567-3100
Listed By:
Delanee Clark · License #0710720
(972) 524-2525
Added: Aug 11
Changed: Sep 12
Last Checked: Oct 7 at 1:06PM
MLS# 21349519
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.
Built in 2015, this 3,250-square-foot flex property occupies 0.936 acres along FM 751 in Quinlan. The metal building has concrete flooring, tall ceilings, overhead lighting, built-in shelving, and multiple overhead doors. Interior areas include offices, service space, workstations, cabinetry, a restroom, and utility connections, with some areas available for final finish-out.
Covered work bays, additional sheltered storage, and a concrete apron extend the usable workspace beyond the enclosed building. Central electric heating and cooling, ceiling fans, a metal roof, and septic service are in place. The property is near Lake Tawakoni and provides direct access from a paved road, supporting a flexible commercial layout for equipment, inventory, repair, fabrication, or related operations.
Covered work bays, additional sheltered storage, and a concrete apron extend the usable workspace beyond the enclosed building. Central electric heating and cooling, ceiling fans, a metal roof, and septic service are in place. The property is near Lake Tawakoni and provides direct access from a paved road, supporting a flexible commercial layout for equipment, inventory, repair, fabrication, or related operations.
Key Highlights
- 3,250 SF flex building on 0.936 acres
- Built in 2015 with metal construction and concrete floors
- Multiple overhead doors with tall ceilings and overhead lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,829
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,580
$476.6K
Cap Rate 7%
$340,414
$340.4K
Cap Rate 9%
$264,767
$264.8K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$39.0K $12.00/SF
− Vacancy
−$2.3K −$0.72/SF
EGI
$36.7K $11.28/SF
− OpEx
−$12.8K −$3.95/SF
NOI
$23.8K $7.33/SF
Area
Hunt County, TX
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,580
Cap Rate 7%
$340,414
Cap Rate 9%
$264,767
Alternative Uses
Best Use
Industrial
$3.23M
$2.83M – $3.77M
NOI $226,058 @ 7.0% cap · market cap 56.51%
Second Best
Office B
$588.8K
$515.2K – $686.9K
NOI $41,216 @ 7.0% cap · market cap 10.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75474, TX
16,010
Population
7,115
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
82%
High-School Grad
105.3 sq mi
ZIP Area
152
Density / Sq Mi
$66,299
Median Household Income
$35,770
Median Earnings
$1,101
Median Rent
$169,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Metal flex property combining office, workshop, storage, and sheltered exterior work areas with paved-road access.
Where is this flex space located?
The property is located at 10015 Fm 751 Quinlan, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,250 SF flex building on 0.936 acres; Built in 2015 with metal construction and concrete floors; Multiple overhead doors with tall ceilings and overhead lighting
