5716 N 287, Alvord, TX 76225
Office setup with shop building and ample parking available.
- Added:
- Apr 30, 2024
- Days on Market:
- 770
- Last Refresh:
- May 13 at 8:07 pm
Property Features for 5716 N 287
General Information
- Standard status
- Active
- Size
- 4,320 SF
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing agent Cheryl Hale License #0674771 (940) 627-3080
Listing office C21 Sue Ann Denton, Decatur (940) 627-3080
Listing date Apr 30, 2024
Source Xome
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 C21 Sue Ann Denton, Decatur
HighLights
- 551.46 ft of frontage on US Highway 287
- Conveniently located directly off of Highway 287
- Includes an existing office setup
- Features a dedicated shop building
- Provides ample parking space
- Equipped with Gas cooling and Heating
Overview
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 | $132.7k | $30.72 |
| − Vacancy | −$36.4k | −$8.42 |
| EGI | $96.3k | $22.30 |
| − OpEx | −$24.1k | −$5.58 |
| NOI | $72.3k | $16.73 |
Alternative Uses
Current Use by Public Records
Map
- City
- Alvord
- County
- Wise
- State
- Texas
- Longitude
- -97.6575
- Latitude
- 33.3843
