Building Details

Year Built 2003

Listing Agency: WILLIAM DAVIS REALTY

Listed By: Victor Garcia · License #0641040 Show Phone

Source: Brickstreetrealtygroup

Added: Jul 9 Changed: Sep 12 Last Checked: Oct 5 at 7:48PM

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Investment Insights

Based on property information with market context.

Industrial property offering a combination of yard space and warehouse space, presented for sale in a commercially zoned setting. The property is positioned to support a range of service and industrial uses, subject to city approval and buyer verification.

Located in South Dallas / Ellis County, the site provides convenient access to Interstate 45 for regional connectivity and sits within the Ellis County growth corridor. This makes the property suitable for businesses that need access to major routes and workable site space.

While specific building details and tenant-related improvements are not provided, the overall configuration is geared toward industrial operations requiring both warehouse storage and yard area.

Key Highlights

• Year built 2022
• Commercially zoned industrial property suitable for multiple business uses, subject to city approval and buyer verification
• Includes yard space and warehouse space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,343

Cap Rate

2.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$546,860 $546.9K

Cap Rate 7%

$390,614 $390.6K

Cap Rate 9%

$303,811 $303.8K

Market Conditions

NOI Build-Up for 3,932 SF

Gross rent

$35.4K $9.00/SF

− Vacancy

−$3.2K −$0.82/SF

EGI

$32.2K $8.18/SF

− OpEx

−$4.8K −$1.23/SF

NOI

$27.3K $6.95/SF

Area

Ellis County, TX

Vacancy

9.10%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$546,860

Cap Rate 7%

$390,614

Cap Rate 9%

$303,811

Alternative Uses

Best Use

Warehouse

$390.6K

$341.8K – $455.7K (±1% cap)

NOI $27,343 @ 7.0% cap · market cap 2.82%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$42.90M

$37.54M – $50.06M (±1% cap)

NOI $3,003,322 @ 7.0% cap · market cap 309.62%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Bakery Barber Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 75125, TX

7,545

Population

2,341

Households

3.2

Avg Household Size

35

Median Age

13%

College-Educated

69%

High-School Grad

75.2 sq mi

ZIP Area

100

Density / Sq Mi

$73,929

Median Household Income

$35,954

Median Earnings

$1,089

Median Rent

$198,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Commercially zoned industrial property with yard space and warehouse space near Interstate 45 for convenient regional access.

Where is this warehouse located?

The property is located at 103 Cochise Dr Ferris, TX.

What is the asking price?

The asking price for this property is $970,000.

What are key features of this property?

This property features: Year built 2022; Commercially zoned industrial property suitable for multiple business uses, subject to city approval and buyer verification; Includes yard space and warehouse space