Flex Space with Garage
For Sale
$899,000
101 Cedar Gap Trl, Tuscola, TX 79562
Adaptable commercial space includes offices, restrooms, and a kitchen with bar.
Property Size6,000 SF
Price / SF$149.83
Days on Market51
Property Features for 101 Cedar Gap Trl
General Information
Standard status
Active
Size
6,000 SF
Additional Details
Highway Access
Yes
Amenities
multiple pulldown garage doors
separate men's and women's restrooms
cozy kitchen with a bar
two offices
Building Details
Year Built
2016
Listing Agency:
Arnold-REALTORS
(325) 692-3274
Listed By:
Hilary Pippin
Source:
Tonyaharbin
Added: Jul 10
Changed: Aug 28
Last Checked: Aug 28 at 2:05PM
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 Arnold-REALTORS
Investment Insights
Based on property information with market context.
This 6,000-square-foot flex property offers a mix of functional work and administrative areas. Multiple pulldown garage doors support vehicle or equipment access, while separate men’s and women’s restrooms serve the building. Interior amenities include a kitchen with a bar and two private offices.
Located at 101 Cedar Gap Trail in Tuscola, the property sits just off Highway 83-84, between Abilene and Tuscola. Its combination of open commercial space, overhead access, office areas, and support facilities accommodates a range of business configurations, including warehouse, automotive, venue, or museum operations as identified for the property.
Located at 101 Cedar Gap Trail in Tuscola, the property sits just off Highway 83-84, between Abilene and Tuscola. Its combination of open commercial space, overhead access, office areas, and support facilities accommodates a range of business configurations, including warehouse, automotive, venue, or museum operations as identified for the property.
Key Highlights
- 6,000 square feet of flex space
- Multiple pulldown garage doors
- Separate men’s and women’s restrooms
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
$46,676
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
5.19%
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%
$933,520
$933.5K
Cap Rate 7%
$666,800
$666.8K
Cap Rate 9%
$518,622
$518.6K
Market Conditions
NOI Build-Up for 6,000 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
$78.5K $13.08/SF
− Vacancy
−$6.7K −$1.11/SF
EGI
$71.8K $11.97/SF
− OpEx
−$25.1K −$4.19/SF
NOI
$46.7K $7.78/SF
Area
Taylor County, TX
Vacancy
8.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
35.00%
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%
$933,520
Cap Rate 7%
$666,800
Cap Rate 9%
$518,622
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.44M
NOI $86,698 @ 7.0% cap · market cap 9.64%
Second Best
Flex RnD
$666.8K
$583.5K – $777.9K
NOI $46,676 @ 7.0% cap · market cap 5.19%
Theoretical Best
Multifamily LT 5
$58.69M
$51.35M – $68.47M
NOI $4,108,205 @ 7.0% cap · market cap 456.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79562, TX
5,264
Population
1,432
Households
3.7
Avg Household Size
40
Median Age
41%
College-Educated
95%
High-School Grad
114.7 sq mi
ZIP Area
46
Density / Sq Mi
$103,814
Median Household Income
$52,254
Median Earnings
$2,000
Median Rent
$239,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial space includes offices, restrooms, and a kitchen with bar.
Where is this flex space located?
The property is located at 101 Cedar Gap Trl Tuscola, TX.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 6,000 square feet of flex space; Multiple pulldown garage doors; Separate men’s and women’s restrooms
