Two-Room Office
New
For Sale
Contact for pricing
110 S Houston Avenue #E, Denison, TX 75021
Each office suite has adjoining rooms and access to shared kitchen and reception areas.
Property Size11,080 SF
Price / SF$0.04
Days on Market2
Property Features for 110 S Houston Avenue #E
General Information
Standard status
Active
Size
11,080 SF
Property subtype
Business
Additional Details
Property Use
Office
Amenities
entry
waiting area
kitchen
workout equipment
Building Details
Year Built
1900
Listing Agency:
Momentus Real Estate Group
Listed By:
Maureen Cappallo
(682) 223-1347
Source:
Momentusrealestategroup
Added: Oct 29
Last Checked: Oct 29 at 2:46PM
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 Momentus Real Estate Group
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.
Office units in a historic commercial building offer a two-room layout, with the rooms connected internally and served by one main entrance. Exposed brick, wood-paneled walls, high ceilings, and architectural details characterize the interior.
Shared building amenities include an entry, sitting and waiting area, kitchen, and workout equipment. The building dates to 1900 and is located in downtown Denison.
Shared building amenities include an entry, sitting and waiting area, kitchen, and workout equipment. The building dates to 1900 and is located in downtown Denison.
Key Highlights
- Each suite has two adjoining rooms connected by an interior door
- Shared entry, sitting and waiting area, kitchen, and workout equipment
- Historic commercial building with exposed brick, wood‑paneled walls, and high ceilings
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 46,334.00%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$5.68M
$4.97M – $6.63M
NOI $397,883 @ 7.0% cap · market cap 99,470.75%
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 - Each office suite has adjoining rooms and access to shared kitchen and reception areas.
Where is this office unit located?
The property is located at 110 S Houston Avenue #E Denison, TX.
What are key features of this property?
This property features: Each suite has two adjoining rooms connected by an interior door; Shared entry, sitting and waiting area, kitchen, and workout equipment; Historic commercial building with exposed brick, wood‑paneled walls, and high ceilings
