Industrial Property with
6878 Fm 1044 Marion, TX 78124
6878 Fm 1044, Marion, TX, 78124
Contact for pricing
For Sale
Contact for pricing
Pending
Built in 2012, the site includes an office building and a three-bay warehouse on unrestricted land.
Property Size11,152 SF
Lot Size9.28 Acres
Days on Market715
Property Features for 6878 Fm 1044
General Information
- Standard status
- Pending
- Size
- 11,152 SF
- Lot size
- 9.28 Acres
- Property subtype
- Industrial, Land
Listing agency
Coldwell Banker D'Ann Harper San Marcos
Listed by
Chelsea Roberts · License #TX
Source
Crexi
Added: Aug 7, 2024 Updated: Jul 21 at 9:16PM Checked: Jul 21 at 9:16PM
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 Coldwell Banker D'Ann Harper San Marcos
Investment Insights
Based on property information with market context.
Built in 2012, this industrial property includes a 4,736-square-foot office building and a 6,416-square-foot warehouse with three bays. The office features multiple office spaces, conference rooms, and a complete kitchen breakroom, providing a functional layout for day-to-day operations.
The property sits on 9.2780 acres of unrestricted land and is conveniently located between I-10 and IH-35, supporting flexible business use and straightforward access.
Seller financing is available with an acceptable offer and terms, offering an additional option for qualified buyers.
The property sits on 9.2780 acres of unrestricted land and is conveniently located between I-10 and IH-35, supporting flexible business use and straightforward access.
Seller financing is available with an acceptable offer and terms, offering an additional option for qualified buyers.
Key Highlights
- 9.2780 acres of unrestricted land between I‑10 and IH‑35
- Built in 2012 with a 4,736 SF office building
- Office space includes multiple offices, conference rooms, and a kitchen/breakroom
Local Financial Insights For Office B
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 | $246.2k | $22.08 |
| − Vacancy | −$43.6k | −$3.91 |
| EGI | $202.7k | $18.17 |
| − OpEx | −$50.7k | −$4.54 |
| NOI | $152.0k | $13.63 |
11,152 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $151,989 @ 7.0% cap · market cap 8.47%
Second Best
Flex RnD
$1.68M
$1.47M – $1.96M
NOI $117,431 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$2.93M
$2.56M – $3.41M
NOI $204,751 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Built in 2012, the site includes an office building and a three-bay warehouse on unrestricted land.
Where is this flex space located?
The property is located at 6878 Fm 1044 Marion, TX.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 9.2780 acres of unrestricted land between I‑10 and IH‑35; Built in 2012 with a 4,736 SF office building; Office space includes multiple offices, conference rooms, and a kitchen/breakroom
