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    Industrial Building on One Acre Title is generated by Realmo AI

    2004 Jack Mckay Blvd, Ennis, TX

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    10,000 SF industrial building on 1 acre for sale.

    Type:INDUSTRIAL
    Property size:
    10,000 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $125/SF
    Added:
    May 2, 2024
    Days on Market:
    769
    Last Refresh:
    May 20 at 9:46 pm

    Property Features for 2004 Jack Mckay Blvd

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    2.00 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Floyd Bates

    Listing agent Floyd Bates License #0337380

    Listing office Bates & Myers Co.

    Listing date May 2, 2024

    Source Moodyscre

    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.

    HighLights

    • 10,000 Sq. Ft. Industrial Building
    • Includes Office Space
    • 1 Acre Property
    • Features 3 Phase, 240 Volt, 400 Amp Power
    • Two 12 x 12 Grade Level Roll‑Up Doors
    • Clear Height: Approx. 14' side walls & 16' to peak

    Overview

    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.

    Local 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 (±1% cap)
    NOI $69,539 @ 7.0% cap · market cap 5.56%
    Second Best
    Industrial
    $740.5K
    $648.0K – $864.0K (±1% cap)
    NOI $51,838 @ 7.0% cap · market cap 4.15%
    Theoretical Best
    Multifamily LT 5
    $109.12M
    $95.48M – $127.30M (±1% cap)
    NOI $7,638,154 @ 7.0% cap · market cap 611.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6178
    Latitude
    32.3108

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    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
    (214) 630-7077 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Floyd Bates
    Real Estate License ID: 0337380
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