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    Industrial Property with 4,900 SqFt Title is generated by Realmo AI

    11871 Cleveland Gibbs Rd, Roanoke, TX 76262

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    Industrial property featuring 4,900 SqFt of space for sale.

    Type:Industrial, Mixed Use
    Property size:
    4,900 SF
    Price / SF:
    $198/SF
    Added:
    Mar 20, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 21 at 8:46 pm

    Property Features for 11871 Cleveland Gibbs Rd

    General Information

    Standard status
    Active
    Size
    4,900 SF
    Property subtype
    Industrial, Mixed Use

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    Joseph Gozlan, The Retail Navigator

    Listing office Eureka Business Group

    Listing date Mar 20, 2026

    Source Crexi

    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 Eureka Business Group

    HighLights

    • 4,900 sqft of industrial space
    • Industrial

    Overview

    This industrial property offers 4,900 square feet of space and is available for sale. The property is located on Cleveland Gibbs Road in Roanoke, Texas.

    Local Financial Insights For Mixed Use

    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 $117.6k $24.00
    − Vacancy −$11.8k −$2.40
    EGI $105.8k $21.60
    − OpEx −$39.7k −$8.10
    NOI $66.2k $13.50
    4,900 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $945.0K
    $826.9K – $1.10M (±1% cap)
    NOI $66,150 @ 7.0% cap · market cap 6.78%
    Second Best
    Industrial
    $359.3K
    $314.4K – $419.2K (±1% cap)
    NOI $25,150 @ 7.0% cap · market cap 2.58%
    Theoretical Best
    Multifamily LT 5
    $68.52M
    $59.96M – $79.94M (±1% cap)
    NOI $4,796,658 @ 7.0% cap · market cap 491.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Pharmacy Auto Parts Store Storage Facility Auto Repair Shop Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Denton
    State
    Texas
    Longitude
    -97.236145
    Latitude
    33.051853

    FAQs

    What type of property is this?
    Industrial property - Industrial property featuring 4,900 SqFt of space for sale.
    Where is this industrial property located?
    The property is located at 11871 Cleveland Gibbs Rd Roanoke, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 4,900 sqft of industrial space; Industrial
    More about this property
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