Industrial Building on One
2004 Jack Mckay Blvd Ennis, TX
For Sale
Contact for pricing
10,000 SF industrial building on 1 acre for sale.
Property Size10,000 SF
Lot Size2.00 Acres
Price / SF$125
Days on Market815
Property Features for 2004 Jack Mckay Blvd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 2.00 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Bates & Myers Co.
(214) 630-7077
Listed By:
Floyd Bates · License #0337380
(214) 630-7077
Source:
Moodyscre
Added: May 2, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:40AM
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 Bates & Myers Co.
Investment Insights
Based on property information with market context.
This industrial property features a 10,000-square-foot building situated on a 1-acre lot. The building includes office space and is suitable for industrial use. It has two 12 x 12 grade-level roll-up doors. The clear height is approximately 14 feet at the side walls and 16 feet to the peak. The property is equipped with 3-phase power, 240 volts, and 400 amps.
Key Highlights
- 10,000 Sq. Ft. Industrial Building
- Includes Office Space
- 1 Acre Property
Financial Insights For Warehouse
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 | $90.0k | $9.00 |
| − Vacancy | −$8.2k | −$0.82 |
| EGI | $81.8k | $8.18 |
| − OpEx | −$12.3k | −$1.23 |
| NOI | $69.5k | $6.95 |
10,000 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$993.4K
$869.2K – $1.16M
NOI $69,539 @ 7.0% cap · market cap 5.56%
Second Best
Industrial
$740.5K
$648.0K – $864.0K
NOI $51,838 @ 7.0% cap · market cap 4.15%
Theoretical Best
Multifamily LT 5
$109.12M
$95.48M – $127.30M
NOI $7,638,154 @ 7.0% cap · market cap 611.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Hunter-U-Store — 1390 Jack McKay Blvd W, Ennis, TX 75119
- DONE Storage Ennis — 103 Ave F, Ennis, TX 75119
- Freedom Storage — 103 Ave F, Ennis, TX 75119
FAQs
What type of property is this?
Warehouse - 10,000 SF industrial building on 1 acre for sale.
Where is this warehouse located?
The property is located at 2004 Jack Mckay Blvd Ennis, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10,000 Sq. Ft. Industrial Building; Includes Office Space; 1 Acre Property
