Office Suite in Historic
For Sale
Contact for pricing
110 S Houston Avenue #A, Denison, TX 75021
A private office is paired with shared kitchen, reception, waiting, and fitness areas.
Property Size11,080 SF
Price / SF$0.05
Days on Market12
Property Features for 110 S Houston Avenue #A
General Information
Standard status
Active
Size
11,080 SF
Property subtype
Business
Additional Details
Property Use
Office
Amenities
shared common areas
welcoming entry
sitting and waiting area
kitchen
workout equipment
high ceilings
rustic architectural details
Building Details
Year Built
1900
Construction
exposed brick
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 30
Last Checked: Oct 28 at 3:21PM
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 Magnorum Realty Services, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A private office suite occupies a commercial building constructed in 1900. Shared areas include an entry, sitting and waiting space, a kitchen, and workout equipment. Exposed brick, tall ceilings, and rustic architectural elements shape the interior.
The property is in downtown Denison at 110 S Houston Avenue, Suite A.
The property is in downtown Denison at 110 S Houston Avenue, Suite A.
Key Highlights
- Private office with shared entry and sitting and waiting areas
- Shared kitchen and workout equipment
- Commercial building constructed in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,336
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,706,720
$3.7M
Cap Rate 7%
$2,647,657
$2.6M
Cap Rate 9%
$2,059,289
$2.1M
Market Conditions
NOI Build-Up for 11,080 SF
Gross rent
$340.4K $30.72/SF
− Vacancy
−$93.3K −$8.42/SF
EGI
$247.1K $22.30/SF
− OpEx
−$61.8K −$5.58/SF
NOI
$185.3K $16.73/SF
Area
Grayson County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,706,720
Cap Rate 7%
$2,647,657
Cap Rate 9%
$2,059,289
Alternative Uses
Best Use
Office B
$2.65M
$2.32M – $3.09M
NOI $185,336 @ 7.0% cap · market cap 30,889.33%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$5.68M
$4.97M – $6.63M
NOI $397,883 @ 7.0% cap · market cap 66,313.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
Explore this area
Business Placement
Demographics for 75021, TX
8,288
Population
3,871
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
58.4 sq mi
ZIP Area
142
Density / Sq Mi
$67,159
Median Household Income
$36,955
Median Earnings
$900
Median Rent
$188,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private office is paired with shared kitchen, reception, waiting, and fitness areas.
Where is this office unit located?
The property is located at 110 S Houston Avenue #A Denison, TX.
What are key features of this property?
This property features: Private office with shared entry and sitting and waiting areas; Shared kitchen and workout equipment; Commercial building constructed in 1900
