Remodeled Office-Warehouse Facility For
132 W McLeroy Boulevard Saginaw, TX 76179
For Sale
$1,310,000
Remodeled office-warehouse with new addition, convenient access, and ample parking.
Property Size5,250 SF
Price / SF$249.52
Days on Market97
Property Features for 132 W McLeroy Boulevard
General Information
- Standard status
- Active
- Size
- 5,250 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1997
Listing Agency:
Trinity Group Realty
(817) 941-6454
Listed By:
Angie Marshall-Mishio · License #0754258
(817) 721-7059
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 4:08PM
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 Trinity Group Realty
Investment Insights
Based on property information with market context.
This fully remodeled office-warehouse facility, featuring a new addition completed in 2024, is designed to accommodate the requirements of modern, expanding businesses. The property is located 1.7 miles from IH-820 and 0.1 miles from Saginaw Main Street, providing visibility and accessibility along a primary city thoroughfare. The office area includes 8 private offices, a reception area, a large conference room or open common area, a breakroom, and 2 restrooms. The remodel incorporates functionality and modern business design. An insulated metal addition allows for expansion into the warehouse, which includes mezzanine storage. The warehouse is equipped with two 10' x 10' drive-in roll-up doors for access. Concrete parking is available for staff and visitors. The property has a size of 5250 square feet. This facility is suitable for companies seeking a professional office environment combined with warehouse capabilities in Saginaw.
Key Highlights
- New 2024 warehouse addition with mezzanine storage.
- Fully remodeled office space featuring 8 private offices, reception area, conference room, and breakroom.
- Excellent location: 1.7 miles from IH‑820 and .1 miles from Saginaw Main Street.
Financial Insights For Flex RnD
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 | $72.5k | $13.80 |
| − Vacancy | −$6.5k | −$1.24 |
| EGI | $65.9k | $12.56 |
| − OpEx | −$23.1k | −$4.40 |
| NOI | $42.9k | $8.16 |
5,250 SF · lease $13.80/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$6.27M
$5.48M – $7.31M
NOI $438,588 @ 7.0% cap · market cap 33.48%
Second Best
Industrial
$5.64M
$4.94M – $6.59M
NOI $395,114 @ 7.0% cap · market cap 30.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Pancho's Pinche Pizza — 635 Ridgecrest Cir W, Saginaw, TX 76179
FAQs
What type of property is this?
Flex space - Remodeled office-warehouse with new addition, convenient access, and ample parking.
Where is this flex space located?
The property is located at 132 W McLeroy Boulevard Saginaw, TX.
What is the asking price?
The asking price for this property is $1,310,000.
What are key features of this property?
This property features: New 2024 warehouse addition with mezzanine storage.; Fully remodeled office space featuring 8 private offices, reception area, conference room, and breakroom.; Excellent location: 1.7 miles from IH‑820 and .1 miles from Saginaw Main Street.
