Historic Pilot Point Retail
115 S Jefferson Street Pilot Point, TX 76258
115 S Jefferson Street, Pilot Point, TX, 76258
$1,179,000
For Sale
$1,179,000
Over 100-year-old building on Pilot Point Town Square.
Property Size3,125 SF
Price / SF$377.28
Days on Market91
Property Features for 115 S Jefferson Street
General Information
- Standard status
- Active
- Size
- 3,125 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1894
Listing agency
Crawford and Company, REALTORS
(972) 816-7436
Listed by
Kristine Crawford · License #0659319
(972) 816-7436
Source
Signaturere
Added: Apr 22 Updated: Jul 10 at 1:19PM Checked: Jul 21 at 5:12AM
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 Crawford and Company, REALTORS
Investment Insights
Based on property information with market context.
Located on the Pilot Point Town Square, at the corner of Jefferson and Liberty, this building has served the local community for over 100 years. The brick and plaster facade features large custom windows. Inside, the original wood floors and weathered brick walls create a historic atmosphere. The property offers a large space suitable for shopping, dining, or other business ventures. A generously sized storage room is located at the back of the building, with an entry/exit door opening to the side street, facilitating loading and unloading. The property includes two bathrooms. Upstairs, additional space is available for enclosure or integration into the business model. A balcony overlooks the area below. The property is suitable for restaurant or retail use. The building size is 3125 square feet.
Key Highlights
- Prime location on Pilot Point Town Square at the corner of Jefferson and Liberty.
- Enormous space suitable for shopping, dining, or other business ventures.
- Original wood floors and weathered brick walls provide historic charm.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.0k | $24.96 |
| − Vacancy | −$3.9k | −$1.25 |
| EGI | $74.1k | $23.71 |
| − OpEx | −$22.2k | −$7.11 |
| NOI | $51.9k | $16.60 |
3,125 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
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
Multifamily LT 5
$43.70M
$38.24M – $50.98M
NOI $3,059,093 @ 7.0% cap · market cap 259.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Coco Fleur Events — 311 W Broad St, Pilot Point, TX 76258
FAQs
What type of property is this?
Storefront property - Over 100-year-old building on Pilot Point Town Square.
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: Prime location on Pilot Point Town Square at the corner of Jefferson and Liberty.; Enormous space suitable for shopping, dining, or other business ventures.; Original wood floors and weathered brick walls provide historic charm.
