Industrial Yard and
For Sale
$970,000
103 Cochise Dr, Ferris, TX 75125
Commercially zoned industrial property with yard space and warehouse space near Interstate 45 for convenient regional access.
Property Size3,932 SF
Price / SF$246.69
Days on Market59
Property Features for 103 Cochise Dr
General Information
Standard status
Active
Size
3,932 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2003
Listing Agency:
WILLIAM DAVIS REALTY
Listed By:
Victor Garcia · License #0641040
(469) 487-8439
Source:
Brickstreetrealtygroup
Added: Jul 9
Changed: Aug 27
Last Checked: Sep 5 at 12:09PM
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 WILLIAM DAVIS REALTY
Investment Insights
Based on property information with market context.
Industrial property offering a combination of yard space and warehouse space, presented for sale in a commercially zoned setting. The property is positioned to support a range of service and industrial uses, subject to city approval and buyer verification.
Located in South Dallas / Ellis County, the site provides convenient access to Interstate 45 for regional connectivity and sits within the Ellis County growth corridor. This makes the property suitable for businesses that need access to major routes and workable site space.
While specific building details and tenant-related improvements are not provided, the overall configuration is geared toward industrial operations requiring both warehouse storage and yard area.
Located in South Dallas / Ellis County, the site provides convenient access to Interstate 45 for regional connectivity and sits within the Ellis County growth corridor. This makes the property suitable for businesses that need access to major routes and workable site space.
While specific building details and tenant-related improvements are not provided, the overall configuration is geared toward industrial operations requiring both warehouse storage and yard area.
Key Highlights
- Year built 2022
- Commercially zoned industrial property suitable for multiple business uses, subject to city approval and buyer verification
- Includes yard space and warehouse space
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
$27,343
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
2.82%
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%
$546,860
$546.9K
Cap Rate 7%
$390,614
$390.6K
Cap Rate 9%
$303,811
$303.8K
Market Conditions
NOI Build-Up for 3,932 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
$35.4K $9.00/SF
− Vacancy
−$3.2K −$0.82/SF
EGI
$32.2K $8.18/SF
− OpEx
−$4.8K −$1.23/SF
NOI
$27.3K $6.95/SF
Area
Ellis County, TX
Vacancy
9.10%
Lease Rate
$9.00 /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%
$546,860
Cap Rate 7%
$390,614
Cap Rate 9%
$303,811
Alternative Uses
Best Use
Warehouse
$390.6K
$341.8K – $455.7K
NOI $27,343 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$42.90M
$37.54M – $50.06M
NOI $3,003,322 @ 7.0% cap · market cap 309.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75125, TX
7,545
Population
2,341
Households
3.2
Avg Household Size
35
Median Age
13%
College-Educated
69%
High-School Grad
75.2 sq mi
ZIP Area
100
Density / Sq Mi
$73,929
Median Household Income
$35,954
Median Earnings
$1,089
Median Rent
$198,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Commercially zoned industrial property with yard space and warehouse space near Interstate 45 for convenient regional access.
Where is this warehouse located?
The property is located at 103 Cochise Dr Ferris, TX.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Year built 2022; Commercially zoned industrial property suitable for multiple business uses, subject to city approval and buyer verification; Includes yard space and warehouse space
