Multi-Suite Office
New
For Sale
$979,900
1125 State Highway 110 N, Whitehouse, TX 75791
Several office spaces provide room for distinct business functions within one commercial property.
Property Size6,813 SF
Price / SF$143.83
Days on Market5
Property Features for 1125 State Highway 110 N
General Information
Standard status
Active
Size
6,813 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Listing Agency:
The Property Shoppe - eXp Realty, LLC
Listed By:
Cindi Featherston-Shields · License #0433186
(903) 561-2200
Source:
Exprealty
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 24 at 9:16PM
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 The Property Shoppe - eXp Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,813-square-foot office building contains multiple spaces in a versatile layout. The configuration supports separate office or commercial functions within the property.
Located at 1125 State Highway 110 N in Whitehouse, the building sits directly along State Highway 110.
Located at 1125 State Highway 110 N in Whitehouse, the building sits directly along State Highway 110.
Key Highlights
- 6,813‑square‑foot office building
- Multiple spaces in a versatile layout
- Directly along State Highway 110 at 1125 State Highway 110 N, Whitehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,938
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,760
$1.6M
Cap Rate 7%
$1,156,257
$1.2M
Cap Rate 9%
$899,311
$899.3K
Market Conditions
NOI Build-Up for 6,813 SF
Gross rent
$122.6K $18.00/SF
− Vacancy
−$14.7K −$2.16/SF
EGI
$107.9K $15.84/SF
− OpEx
−$27.0K −$3.96/SF
NOI
$80.9K $11.88/SF
Area
Smith County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,760
Cap Rate 7%
$1,156,257
Cap Rate 9%
$899,311
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $80,938 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$5.13M
$4.49M – $5.99M
NOI $359,215 @ 7.0% cap · market cap 36.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 75791, TX
14,255
Population
5,758
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
39.4 sq mi
ZIP Area
362
Density / Sq Mi
$76,154
Median Household Income
$45,491
Median Earnings
$1,420
Median Rent
$231,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Several office spaces provide room for distinct business functions within one commercial property.
Where is this office building located?
The property is located at 1125 State Highway 110 N Whitehouse, TX.
What is the asking price?
The asking price for this property is $979,900.
What are key features of this property?
This property features: 6,813‑square‑foot office building; Multiple spaces in a versatile layout; Directly along State Highway 110 at 1125 State Highway 110 N, Whitehouse
