Historic Brick
115 S Jefferson Street, Pilot Point, TX 76258
For Sale
$1,179,000
CommercialSale, Pilot Point, TX
Property Size3,125 SF
Lot Size0.07 Acres
Price / SF$377.28
Days on Market125
Property Features for 115 S Jefferson Street
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Corner Location
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
storage room
two bathrooms
balcony
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Crawford and Company, REALTORS
Listed By:
Kristine Crawford · License TX #0659319
(972) 816-7436
Added: Jul 11
Changed: Nov 9
Last Checked: Nov 12 at 6:06PM
MLS# 20908731
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1894, this 3,125-square-foot brick storefront occupies a 0.072-acre parcel on Pilot Point Town Square. The interior retains wood flooring and includes a second level with a balcony overlooking the main floor. A rear storage room has a separate door opening to the side street, and the building contains two bathrooms.
The property sits at the corner of Jefferson and Liberty streets in Pilot Point, Texas. Public water and sewer serve the site, with central heating and air conditioning. Parking options include a lot and on-street spaces.
The property sits at the corner of Jefferson and Liberty streets in Pilot Point, Texas. Public water and sewer serve the site, with central heating and air conditioning. Parking options include a lot and on-street spaces.
Key Highlights
- 3,125 square feet in a brick commercial building constructed in 1894
- Located on Pilot Point Town Square at Jefferson and Liberty streets
- Upper level includes a balcony overlooking the main floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,870
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,400
$1.0M
Cap Rate 7%
$741,000
$741.0K
Cap Rate 9%
$576,333
$576.3K
Market Conditions
NOI Build-Up for 3,125 SF
Gross rent
$78.0K $24.96/SF
− Vacancy
−$3.9K −$1.25/SF
EGI
$74.1K $23.71/SF
− OpEx
−$22.2K −$7.11/SF
NOI
$51.9K $16.60/SF
Area
Denton County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,400
Cap Rate 7%
$741,000
Cap Rate 9%
$576,333
Alternative Uses
Best Use
Retail
$741.0K
$648.4K – $864.5K
NOI $51,870 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$961.9K – $1.28M
NOI $76,950 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76258, TX
7,409
Population
3,079
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
82%
High-School Grad
90.3 sq mi
ZIP Area
82
Density / Sq Mi
$93,661
Median Household Income
$51,382
Median Earnings
$1,224
Median Rent
$320,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Denton County, TX
Properties on Market for Storefront properties in Denton County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coco Fleur Events — 311 W Broad St, Pilot Point, TX 76258
Frequently Asked Questions
What type of property is this?
Storefront property - The two-level interior offers original wood flooring, a rear storage room, two bathrooms, and an upper-level balcony.
Where is this storefront property located?
The property is located at 115 S Jefferson Street Pilot Point, TX.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: 3,125 square feet in a brick commercial building constructed in 1894; Located on Pilot Point Town Square at Jefferson and Liberty streets; Upper level includes a balcony overlooking the main floor
