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Property profile & analytics
OFF-MARKET
Office Spaces

1200 79 Henderson, TX 75654

11,341 SF 0.9 ac lot Built 1953
Property ID
Property summary
AI-generated overview

This exceptional 11,341 square foot office building sits on a 0.9-acre lot at the southeast corner of Henderson's busiest intersection, boasting 125 feet of frontage on US Highway 79. With a 2022 traffic count of 19,542 vehicles daily, this property offers unparalleled visibility and accessibility. Ideal for redevelopment into retail or quick-service restaurant (QSR) space, the existing building also presents ample square footage for professional office, medical, or retail use. The property features a newly installed roof (July 2024) and abundant parking, with a generous 298:1 parking ratio. The building's layout is highly adaptable, with multiple entrances on both the first and second floors, allowing for easy subdivision. The first floor includes three entrances, five private offices, men's and women's restrooms, an IT room, reception area, open bullpen workspace, and a kitchenette. The second floor offers three entrances, eighteen private offices, an IT room, men's and women's restrooms, a kitchen and break room, a conference room, and multiple storage and file areas. A significant advantage is the inclusion of a 1,400 square foot climate-controlled warehouse space, complete with an 8-foot high by 10-foot wide grade-level overhead door. This versatile property presents a unique opportunity for significant return on investment. Priced at $450,000.

Property profile
Verified
Property type Office Spaces
Year built 1953
Total area 11,341 SF
Lot 0.9 ac (39,204 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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