Lancaster Warehouse with Office
301 E Pecan St Lancaster, TX 75146
For Sale
Contact for pricing
19,190 SF warehouse with office, heavy power, expandable parking.
Property Size19,190 SF
Lot Size14.37 Acres
Price / SF$104.22
Days on Market1079
Property Features for 301 E Pecan St
General Information
Standard status
Active
Size
19,190 SF
Lot size
14.37 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates | Dallas/Fort Worth
(469) 855-5222
Listed By:
Ken Wesson
(469) 855-5222
Source:
Moodyscre
Added: Aug 17, 2023
Changed: Jul 6
Last Checked: Jul 21 at 3:04AM
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 Lee & Associates | Dallas/Fort Worth
Investment Insights
Based on property information with market context.
The property features a total of 19,190 square feet, including approximately 4,196 square feet of office space and approximately 4,365 square feet of warehouse space with an 18-foot clear height. An additional 10,629 square feet consists of drop ceiling warehouse space that can be raised. The property includes two dock doors and both traditional storage and drop ceiling air-conditioned rooms. There are 58 car parking spaces available, with the potential for expansion. The property is equipped with heavy power, approximately 2000 amps at 480V with 3-phase. Situated on approximately 4 acres, an additional 10 acres are also available.
Key Highlights
- Heavy Power: Boasting ±2000 AMPS / 480V - 3 Phase.
- Large Acreage: Situated on ±4 Acres, with an additional ±10 Acres available.
- Substantial Warehouse Space: Features ±4,365 SF with 18’ Clear Height, plus ±10,629 SF Drop Ceiling Warehouse (Can be Raised).
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 | $155.8k | $8.12 |
| − Vacancy | −$13.7k | −$0.71 |
| EGI | $142.1k | $7.41 |
| − OpEx | −$21.3k | −$1.11 |
| NOI | $120.8k | $6.29 |
19,190 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.89M
$3.40M – $4.53M
NOI $272,018 @ 7.0% cap · market cap 13.60%
Second Best
Warehouse
$1.73M
$1.51M – $2.01M
NOI $120,794 @ 7.0% cap · market cap 6.04%
Theoretical Best
Multifamily LT 5
$230.02M
$201.27M – $268.36M
NOI $16,101,667 @ 7.0% cap · market cap 805.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Atlas Self Storage — 400 N Jefferson St, Lancaster, TX 75146
- Lancaster Storage — 400 N Jefferson St, Lancaster, TX 75146
Frequently Asked Questions
What type of property is this?
Warehouse - 19,190 SF warehouse with office, heavy power, expandable parking.
Where is this warehouse located?
The property is located at 301 E Pecan St Lancaster, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Heavy Power: Boasting ±2000 AMPS / 480V - 3 Phase.; Large Acreage: Situated on ±4 Acres, with an additional ±10 Acres available.; Substantial Warehouse Space: Features ±4,365 SF with 18’ Clear Height, plus ±10,629 SF Drop Ceiling Warehouse (Can be Raised).
