Industrial Flex Property with Rail
For Sale
$699,000
1220 W 13th Street, Texarkana, TX 75501
Fenced commercial facility combines warehouse, showroom, office, and vehicle-handling areas.
Property Size10,000 SF
Lot Size5.00 Acres
Days on Market53
Property Features for 1220 W 13th Street
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
10
Lot size
5.00 Acres
Property subtype
Commercial
Zoning
commercial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Rail Access
Yes
Sprinkler System
Yes
Building Details
Building Size
10,000 SF
Stories
1
Units
5
Listing Agency:
Better Homes & Gardens Real Estate Infinity
(903) 276-9464
Listed By:
Teresa Liepman · License #PB00065270
(903) 276-9464
Source:
Hairerealty
Added: Jul 2
Changed: Aug 21
Last Checked: Aug 23 at 12:04PM
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 Better Homes & Gardens Real Estate Infinity
Investment Insights
Based on property information with market context.
This flex property includes more than 41,000 square feet under roof, with warehouse, showroom, and office components. The showroom may benefit from updated flooring and paint, while the office area requires cleanup, minor repairs, and painting before occupancy. Dedicated his-and-hers restrooms and separate employee facilities are included. Warehouse areas are equipped with a fire suppression system, although not all are heated or cooled.
The property also features a railroad spur for supplier deliveries, a large open surface area for heavy trucks and forklifts, multiple covered parking spaces for large vehicles and equipment, and full fencing. Access to Highway 82, New Boston Road, and Summerhill Road connects the facility with the I-30 Corridor.
The property also features a railroad spur for supplier deliveries, a large open surface area for heavy trucks and forklifts, multiple covered parking spaces for large vehicles and equipment, and full fencing. Access to Highway 82, New Boston Road, and Summerhill Road connects the facility with the I-30 Corridor.
Key Highlights
- 41,000+ square feet under roof
- Railroad spur provides direct supplier delivery access
- Fire suppression system installed in warehouse areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,531
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,250,620
$1.3M
Cap Rate 7%
$893,300
$893.3K
Cap Rate 9%
$694,789
$694.8K
Market Conditions
NOI Build-Up for 10,000 SF
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.
Gross rent
$80.4K $8.04/SF
− Vacancy
−$6.8K −$0.68/SF
EGI
$73.6K $7.36/SF
− OpEx
−$11.0K −$1.10/SF
NOI
$62.5K $6.25/SF
Area
Bowie County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,250,620
Cap Rate 7%
$893,300
Cap Rate 9%
$694,789
Alternative Uses
Best Use
Office B
$2.39M
$2.09M – $2.79M
NOI $167,270 @ 7.0% cap · market cap 23.93%
Second Best
Warehouse
$893.3K
$781.6K – $1.04M
NOI $62,531 @ 7.0% cap · market cap 8.95%
Theoretical Best
Hotel Hospitality
$7.53M
$6.59M – $8.79M
NOI $527,250 @ 7.0% cap · market cap 75.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- MAC SMOKED TURKEYLEGS LLC — 1702 New Boston Rd, Texarkana, TX 75501
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Frequently Asked Questions
What type of property is this?
Flex space - Fenced commercial facility combines warehouse, showroom, office, and vehicle-handling areas.
Where is this flex space located?
The property is located at 1220 W 13th Street Texarkana, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 41,000+ square feet under roof; Railroad spur provides direct supplier delivery access; Fire suppression system installed in warehouse areas
