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    Industrial Warehouse with Office Space Title is generated by Realmo AI

    1024 Us-377, Pilot Point, TX 76258

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    Claim this Listing
    New
    For Sale
    $2,500,000

    COMMERCIAL - Pilot Point, TX

    Property size:
    9,200 SF
    Lot size:
    0.78 Acres
    Price / SF:
    $271/SF
    Added:
    Jun 22, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 24 at 11:06 am

    Property Features for 1024 Us-377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    R160029
    Lot size
    0.78 Acres

    Taxes and HOA fees

    Tax Description
    B. R. ADDN BLK 1 LOT 1
    Tax Annual Amount
    6778

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1982
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate, Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

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    Listing Contact
    Benjamin Clark

    Listing agent Benjamin Clark License #0611947

    Listing office Keller Williams Realty Denton, TX

    Listing date Jun 22, 2026

    MLS# 21292004

    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.

    HighLights

    • Approximately 9,200 SF of warehouse, office, and flex space in two connected buildings
    • Two private offices plus a reception/conference room and a half bath in the front office area
    • Warehouse includes multiple ground level overhead doors, 13 ft ceilings, natural light, and a second half bath
    • Major improvements completed in 2020: new roof, updated walls, office HVAC, and upgraded electrical systems
    • Central heating and central air; metal roof; metal siding; laminate and concrete flooring
    • On‑site parking with driveway access; served by public water and public sewer

    Overview

    This property features a versatile industrial layout across two connected buildings, combining warehouse, office, and flex space in one location. The front office area includes a spacious reception or conference room, two private offices, and a half bath with direct access into the warehouse. The warehouse is built for practical operations with multiple ground-level overhead doors, abundant natural light, a second half bath, and 13-foot ceilings. For equipment and teams, there is ample onsite parking for employees, customers, and fleet vehicles.

    The buildings are positioned directly on US-377 in Pilot Point, providing prominent visibility and straightforward access along a heavily traveled corridor.

    Recent capital improvements were completed in 2020, including a new roof, updated walls, HVAC for the office area, and upgraded electrical systems. With its office-to-warehouse flow, multiple overhead doors, and on-site parking, the property can work well for tenants needing a functional combination of workspace, storage, and customer or service access, as well as owner-occupants seeking an industrial facility that supports ongoing operations.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $227.4k $24.72
    − Vacancy −$56.9k −$6.18
    EGI $170.6k $18.54
    − OpEx −$42.6k −$4.64
    NOI $127.9k $13.91
    9,200 SF · lease $24.72/SF/yr · vacancy 25.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.83M
    $1.60M – $2.13M (±1% cap)
    NOI $127,926 @ 7.0% cap · market cap 5.12%
    Second Best
    Warehouse
    $819.1K
    $716.8K – $955.7K (±1% cap)
    NOI $57,340 @ 7.0% cap · market cap 2.29%
    Theoretical Best
    Multifamily LT 5
    $128.66M
    $112.57M – $150.10M (±1% cap)
    NOI $9,005,970 @ 7.0% cap · market cap 360.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pilot Point
    County
    Denton
    State
    Texas
    Longitude
    -96.943816
    Latitude
    33.405718

    FAQs

    What type of property is this?
    Flex space - Two connected buildings with office amenities and warehouse overhead doors, suited for a variety of industrial or service uses.
    Where is this flex space located?
    The property is located at 1024 Us-377 Pilot Point, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Approximately 9,200 SF of warehouse, office, and flex space in two connected buildings; Two private offices plus a reception/conference room and a half bath in the front office area; Warehouse includes multiple ground level overhead doors, 13 ft ceilings, natural light, and a second half bath
    More about this property
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