For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Outside Storage and Light Industrial Land Title is generated by Realmo AI

    11733 FM 917, Alvarado, TX 76009

    View on Map
    Claim this Listing
    For Sale
    $1,750,000

    COMMERCIAL - Alvarado, TX

    Property size:
    7,206 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $242/SF
    Added:
    May 21, 2026
    Days on Market:
    49
    Last Refresh:
    Jul 8 at 4:06 am

    Property Features for 11733 FM 917

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R000005835
    Lot size
    3.50 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1995
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Laminate, Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Contact an agent
    Donna Kemp-Long

    Listing agent Donna Kemp-Long License #0543010

    Listing office Donna Kemp-Long Nevada, TX

    Listing date May 21, 2026

    MLS# 21276789

    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.

    HighLights

    • 3.5‑acre site with direct frontage along FM 917, positioned between I‑35W, US‑287, and US‑67
    • Outside storage building totaling 7,206 SF with 14'-16' clear height and 8 grade level doors (12' x 12')
    • Secured fenced yard for outside storage
    • 4,312 SF office space included
    • FM 917 carries approximately 18,246 vehicles per day
    • Built in 1995 with metal roof and metal siding; central heating and central air; well water and septic tank sewer

    Overview

    This property presents a newly renovated outside storage opportunity built for practical industrial use. The site includes a secured, fenced yard suitable for storing equipment or inventory, along with an office area. Physical access is supported by eight grade-level doors and a clear-height range of 14 to 16 feet, creating workable throughput for vehicles and service needs. The combination of yard capacity and an on-site office supports day-to-day operations and on-site management.

    The property sits on 3.5 acres with direct frontage along FM 917 in Alvarado, TX. It is positioned between I-35W, US-287, and US-67, providing convenient regional connectivity across the greater DFW area. FM 917 functions as an east-west trucking connector and reliever route, enabling circulation without relying solely on interstate travel. The roadway carries approximately 18,246 vehicles per day, supporting visibility and straightforward customer and carrier access in a functional industrial setting.

    Given the secured fenced yard, grade-level door count, and outside-storage orientation, the site is well suited for contractors, fleet services, outside storage operators, and light industrial users. The presence of an office makes it a strong fit for tenants who need both space for equipment and a dedicated work base for staff and administrative tasks.

    Local Financial Insights For Office B

    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 $221.4k $30.72
    − Vacancy −$60.7k −$8.42
    EGI $160.7k $22.30
    − OpEx −$40.2k −$5.58
    NOI $120.5k $16.73
    7,206 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.72M
    $1.51M – $2.01M (±1% cap)
    NOI $120,535 @ 7.0% cap · market cap 6.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $86.38M
    $75.58M – $100.77M (±1% cap)
    NOI $6,046,306 @ 7.0% cap · market cap 345.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Hair Salon Nail Salon Home Appliance Store Storage Facility Pet Store & Service Spa & Massage Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.170319
    Latitude
    32.51159

    FAQs

    What type of property is this?
    Industrial land - Newly renovated secured fenced yard with grade-level access and an office suited for contractors and fleet operations.
    Where is this industrial land located?
    The property is located at 11733 FM 917 Alvarado, TX.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 3.5‑acre site with direct frontage along FM 917, positioned between I‑35W, US‑287, and US‑67; Outside storage building totaling 7,206 SF with 14'-16' clear height and 8 grade level doors (12' x 12'); Secured fenced yard for outside storage
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message