Fenced Warehouse with
For Sale
$350,000
1008 Wood St, Texarkana, TX 75501
Warehouse with four 10-foot overhead doors, two private offices, and a restroom, plus a fenced, gated yard.
Property Size4,800 SF
Price / SF$72.92
Days on Market69
Property Features for 1008 Wood St
General Information
Standard status
Active
Size
4,800 SF
Listing Agency:
eXp Realty, LLC- TX
(888) 519-7431
Listed By:
Valerie Solomon
(903) 278-6204
Source:
Exprealty
Added: Jul 2
Changed: Sep 6
Last Checked: Sep 7 at 12:17PM
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 eXp Realty, LLC- TX
Investment Insights
Based on property information with market context.
This versatile warehouse is offered for sale with approximately 4,800 square feet of space on 0.64 fenced and gated acres. The building is set up for practical day-to-day operations, featuring four 10-foot overhead garage doors, two private office spaces, and a restroom.
The secure, outdoor yard provides room for equipment, trailers, fleet vehicles, or outdoor storage. Inside, the warehouse offers open functional space suited to a range of service and logistics needs.
The property’s combination of multiple overhead doors, dedicated office space, and fenced yard area supports businesses that need both protected staging and warehouse work space.
The secure, outdoor yard provides room for equipment, trailers, fleet vehicles, or outdoor storage. Inside, the warehouse offers open functional space suited to a range of service and logistics needs.
The property’s combination of multiple overhead doors, dedicated office space, and fenced yard area supports businesses that need both protected staging and warehouse work space.
Key Highlights
- 2015‑built 4,800 SF warehouse on 0.64 fenced and gated acres
- Four 10‑foot overhead garage doors for loading and access
- Includes two private office spaces and a restroom
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
$30,015
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
8.58%
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%
$600,300
$600.3K
Cap Rate 7%
$428,786
$428.8K
Cap Rate 9%
$333,500
$333.5K
Market Conditions
NOI Build-Up for 4,800 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
$38.6K $8.04/SF
− Vacancy
−$3.3K −$0.68/SF
EGI
$35.3K $7.36/SF
− OpEx
−$5.3K −$1.10/SF
NOI
$30.0K $6.25/SF
Area
Bowie County, TX
Vacancy
8.50%
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%
$600,300
Cap Rate 7%
$428,786
Cap Rate 9%
$333,500
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,290 @ 7.0% cap · market cap 22.94%
Second Best
Warehouse
$428.8K
$375.2K – $500.3K
NOI $30,015 @ 7.0% cap · market cap 8.58%
Theoretical Best
Hotel Hospitality
$3.62M
$3.16M – $4.22M
NOI $253,080 @ 7.0% cap · market cap 72.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Grand Storage Solutions Inc — 600 W Broad St, Texarkana, TX 75501
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with four 10-foot overhead doors, two private offices, and a restroom, plus a fenced, gated yard.
Where is this warehouse located?
The property is located at 1008 Wood St Texarkana, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2015‑built 4,800 SF warehouse on 0.64 fenced and gated acres; Four 10‑foot overhead garage doors for loading and access; Includes two private office spaces and a restroom
