1200 Foundation Drive, Pilot Point, TX 76258
Large warehouse with offices, kitchen, and bathroom for sale.
- Added:
- Nov 3, 2023
- Days on Market:
- 962
- Last Refresh:
- May 20 at 1:36 am
Property Features for 1200 Foundation Drive
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.61 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing agent Shelley Green License #0468346 (817) 988-8657
Listing office TheGreenTeam RE Professionals (817) 988-8657
Listing date Nov 3, 2023
Source Exitrealty
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 TheGreenTeam RE Professionals
HighLights
- Large 98'x58' warehouse space
- Four offices included
- Kitchen with granite countertops and gas cooktop
- Full bathroom with shower
- Kitchen dimensions: 15'x12'
- Built in 1998
Overview
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 | $48.2k | $8.04 |
| − Vacancy | −$4.2k | −$0.71 |
| EGI | $44.0k | $7.33 |
| − OpEx | −$6.6k | −$1.10 |
| NOI | $37.4k | $6.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pilot Point
- County
- Denton
- State
- Texas
- Longitude
- -96.9398
- Latitude
- 33.4066
