Two-Level Office
For Sale
Contact for pricing
110 S Houston Avenue #I, Denison, TX 75021
An open work area and upper loft are complemented by shared kitchen and visitor amenities.
Property Size11,080 SF
Price / SF$0.11
Days on Market12
Property Features for 110 S Houston Avenue #I
General Information
Standard status
Active
Size
11,080 SF
Property subtype
Business
Additional Details
Office Units
1
Property Use
Office
Amenities
welcoming entry
sitting and waiting area
kitchen
workout equipment
Building Details
Year Built
1900
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 4:16PM
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.
This office suite is arranged across two levels, with an open main floor and a private staircase leading to an upper loft with additional office and work areas. Interior details include wood-paneled walls, exposed beams, high ceilings, stained concrete on the main level, and wood flooring in the loft.
Shared building amenities include an entry, sitting and waiting area, kitchen, and workout equipment. The property is at 110 S Houston Avenue #I in Denison, in a commercial building constructed in 1900.
Shared building amenities include an entry, sitting and waiting area, kitchen, and workout equipment. The property is at 110 S Houston Avenue #I in Denison, in a commercial building constructed in 1900.
Key Highlights
- Two‑level office layout with an open main floor and upper loft
- Private staircase connects the main level to additional office and workspace
- Wood‑paneled walls, exposed beams, 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 15,444.67%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$5.68M
$4.97M – $6.63M
NOI $397,883 @ 7.0% cap · market cap 33,156.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
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 - An open work area and upper loft are complemented by shared kitchen and visitor amenities.
Where is this office unit located?
The property is located at 110 S Houston Avenue #I Denison, TX.
What are key features of this property?
This property features: Two‑level office layout with an open main floor and upper loft; Private staircase connects the main level to additional office and workspace; Wood‑paneled walls, exposed beams, and high ceilings
