1320 S Austin Avenue, Denison, TX 75020
Versatile 1,300 SF building on a high-traffic corner lot.
- Added:
- Apr 22, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 22 at 5:22 pm
Property Features for 1320 S Austin Avenue
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Lot size
- 0.32 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing agent Noel Cobb
Listing office Bertholf Commercial Real Estate
Listing date Apr 22, 2026
Source Signaturere
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HighLights
- High‑traffic location on Austin Avenue with over 14,000 vehicles per day
- Versatile 1,300 SF building suitable for automotive, retail, or service‑based businesses
- Large 14,000 SF corner lot with access from two roads
- Excellent redevelopment potential due to location and multiple access points (three curb cuts)
- Located less than one mile south of Downtown Denison
- Flexible space currently operating as a used tire shop
Overview
Local Financial Insights For Retail
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 | $32.4k | $24.96 |
| − Vacancy | −$1.6k | −$1.25 |
| EGI | $30.8k | $23.71 |
| − OpEx | −$9.2k | −$7.11 |
| NOI | $21.6k | $16.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.5371591
- Latitude
- 33.7428002