Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Terrell Office Building For Sale Title is generated by Realmo AI

    102 E Moore Avenue, Terrell, TX 75160

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,700,000

    Iconic, restored office building in historic downtown Terrell.

    Type:Commercial/Industrial
    Lot size:
    0.14 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    76
    Last Refresh:
    Apr 6 at 12:13 am

    Property Features for 102 E Moore Avenue

    General Information

    Standard status
    Active
    Lot size
    0.14 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1895

    We can help!

    Listing Contact
    Frank Roberts
    Frank Roberts

    Listing agent Frank Roberts License #0524424

    Listing office RE/MAX Landmark

    Listing date Mar 12, 2026

    Source Exitrealty

    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 RE/MAX Landmark

    HighLights

    • Historic building with unique architectural features including original dome and restored chandeliers.
    • Located in the heart of historic downtown Terrell, offering easy access to amenities.
    • Meticulously maintained and extensively restored in the late 1980s, blending historic charm with modern functionality.
    • Located within a designated Opportunity Zone, providing potential tax incentives.
    • Converted third‑floor office suites in the original opera house space.
    • Iconic multi‑tenant office building.

    Overview

    This multi-tenant office building is located in historic downtown Terrell. Originally constructed in 1892 as the Brin Opera House, it was extensively restored in the late 1980s. The building combines architectural charm with modern functionality and has been meticulously maintained since its renovation. The third floor, formerly the opera house, has been converted into office suites, retaining the original dome and restored chandeliers. The property is located within a designated Opportunity Zone, potentially offering tax incentives for qualifying businesses and investors. It provides access to local shops, restaurants, and services in the downtown area.
    Property Profile Location Intelligence

    Current Use by Public Records

    My Brain-Body Health Alternative Medicine Practice Kaufman County United ... Charitable Organization Cassie Perry - Ameriprise ... Financial Advisor Chitty B Michael Law Firm Wood & Gober Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.2771
    Latitude
    32.7361

    Nearby Similar for Sale

    • $1,600,000
      6,800 SF

      Versatile Commercial Property on 3+ Acres

      Commercial property with highway frontage, ideal for various business opportunities.
      15377 N State Highway 34, Terrell, TX 75161
      View Details
    • $549,900

      Downtown Terrell Commercial Building For Sale

      Two-story commercial building in downtown Terrell with multiple potential uses.
      203 N Rockwall Avenue, Terrell, TX 75160
      View Details
    • $1,100,000
      3,840 SF

      Highway Commercial Property in Terrell, TX

      3,840 SF commercial building on high-traffic highway, ready for finish-out.
      94 N State Highway 205 Highway, Terrell, TX 75160
      View Details
    • $1,700,000

      Historic Terrell Office Building

      Iconic, restored multi-tenant office building in historic downtown Terrell.
      102 E Moore Avenue, Terrell, TX 75160
      View Details
    • $995,000
      2,261 SF

      30-Acre Ranch with Workshop

      Updated ranch home with workshop near Terrell, Texas.
      12586 County Road 351, Terrell, TX 75161
      View Details
    • $3,900,000

      Terrell Retail/Distribution Opportunity Zone Property

      Dealership/distribution/retail property in Terrell, TX, located in Opportunity Zone.
      1608 W Moore Avenue, Terrell, TX 75160
      View Details
    • $4,210,909

      Retail Property in Terrell, Texas

      Retail property with high-traffic location and development potential.
      214 Market Center Drive, Terrell, TX 75160
      View Details
    • $1,600,000

      Terrell, TX Bowling Alley Landmark

      Meticulously maintained bowling alley with highway frontage in Terrell, TX.
      2500 W Moore Avenue, Terrell, TX 75160
      View Details
    • $269,900

      Terrell Duplex: Investment Opportunity

      Full duplex in Terrell, TX, ideal for owner-occupants or investors.
      1104 & 1106 E High Street, Terrell, TX 75160
      View Details
    • $624,999
      4,699 SF

      Historic Downtown Restaurant Building

      Second-generation restaurant in Terrell, TX with parking.
      419 E Moore Avenue, Terrell, TX 75160
      View Details
    • $240,000

      Terrell Triplex with Long-Term Tenants

      Two-story residential property configured as three units with long-term tenants.
      507 W Nash Street, Terrell, TX 75160
      View Details
    • $4,210,909

      Terrell, TX NNN Property

      NNN property in high-traffic retail area near I-20.
      214 Market Center Dr, Terrell, TX 75160
      View Details

    FAQs

    What type of property is this?
    Office building - Iconic, restored office building in historic downtown Terrell.
    Where is this office building located?
    The property is located at 102 E Moore Avenue Terrell, TX.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Historic building with unique architectural features including original dome and restored chandeliers.; Located in the heart of historic downtown Terrell, offering easy access to amenities.; Meticulously maintained and extensively restored in the late 1980s, blending historic charm with modern functionality.
    (972) 524-2525
    We can help!
    Listing Contact
    Frank Roberts
    Frank Roberts
    Real Estate License ID: 0524424
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    102 E Moore Avenue, Terrell, TX 75160
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!