Historic Pilot Point Retail
For Sale
$1,179,000
115 S Jefferson Street, Pilot Point, TX 76258
Over 100-year-old building on Pilot Point Town Square.
Property Size3,125 SF
Price / SF$377.28
Days on Market100
Property Features for 115 S Jefferson Street
General Information
Standard status
Active
Size
3,125 SF
Property subtype
Commercial
Building Details
Year Built
1894
Listing Agency:
Crawford and Company, REALTORS
(972) 816-7436
Listed By:
Kristine Crawford · License #0659319
(972) 816-7436
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 30 at 7:53AM
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 Crawford and Company, REALTORS
Investment Insights
Based on property information with market context.
Located on the Pilot Point Town Square, at the corner of Jefferson and Liberty, this building has served the local community for over 100 years. The brick and plaster facade features large custom windows. Inside, the original wood floors and weathered brick walls create a historic atmosphere. The property offers a large space suitable for shopping, dining, or other business ventures. A generously sized storage room is located at the back of the building, with an entry/exit door opening to the side street, facilitating loading and unloading. The property includes two bathrooms. Upstairs, additional space is available for enclosure or integration into the business model. A balcony overlooks the area below. The property is suitable for restaurant or retail use. The building size is 3125 square feet.
Key Highlights
- Prime location on Pilot Point Town Square at the corner of Jefferson and Liberty.
- Enormous space suitable for shopping, dining, or other business ventures.
- Original wood floors and weathered brick walls provide historic charm.
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 | $78.0k | $24.96 |
| − Vacancy | −$3.9k | −$1.25 |
| EGI | $74.1k | $23.71 |
| − OpEx | −$22.2k | −$7.11 |
| NOI | $51.9k | $16.60 |
3,125 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$741.0K
$648.4K – $864.5K
NOI $51,870 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$43.70M
$38.24M – $50.98M
NOI $3,059,093 @ 7.0% cap · market cap 259.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
34k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Groceries 36%
Shops & Services 25%
McDonald's
Dining
13,344 visits/mo
0.4 miles
Brookshire Brothers
Groceries
12,112 visits/mo
0.5 miles
Valero Energy
Shops & Services
5,984 visits/mo
0.3 miles
Allsups
Shops & Services
2,423 visits/mo
0.3 miles
Demographics for 76258, TX
7,409
Population
3,079
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
82%
High-School Grad
90.3 sq mi
ZIP Area
82
Density / Sq Mi
$93,661
Median Household Income
$51,382
Median Earnings
$1,224
Median Rent
$320,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Coco Fleur Events — 311 W Broad St, Pilot Point, TX 76258
Frequently Asked Questions
What type of property is this?
Storefront property - Over 100-year-old building on Pilot Point Town Square.
Where is this storefront property located?
The property is located at 115 S Jefferson Street Pilot Point, TX.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: Prime location on Pilot Point Town Square at the corner of Jefferson and Liberty.; Enormous space suitable for shopping, dining, or other business ventures.; Original wood floors and weathered brick walls provide historic charm.
