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    Former Gas Station on Austin Title is generated by Realmo AI

    1320 S Austin Avenue, Denison, TX 75020

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    For Sale
    $280,000

    Versatile 1,300 SF building on a high-traffic corner lot.

    Type:Commercial
    Property size:
    1,300 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $215/SF
    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

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    Listing Contact
    Noel Cobb

    Listing agent Noel Cobb

    Listing office Bertholf Commercial Real Estate

    Listing date Apr 22, 2026

    Source Signaturere

    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 Bertholf Commercial Real Estate

    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

    This former gas station, currently operating as a used tire shop, is located along a highly trafficked corridor in Denison. The 1,300 SF building offers flexible space suitable for automotive, retail, or other service-based businesses. The site is approximately 14,000 SF and situated on a hard corner with access from two roads, featuring three curb cuts. Austin Avenue, which sees over 14,000 vehicles per day, serves as the primary connection between Highway 75 and Downtown Denison. Located less than one mile south of Downtown Denison, the property benefits from strong traffic counts, accessibility, and potential for future redevelopment in a growing market.

    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
    1,300 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $308.3K
    $269.7K – $359.6K (±1% cap)
    NOI $21,578 @ 7.0% cap · market cap 7.71%
    Second Best
    Industrial
    $96.7K
    $84.7K – $112.9K (±1% cap)
    NOI $6,772 @ 7.0% cap · market cap 2.42%
    Theoretical Best
    Hotel Hospitality
    $666.9K
    $583.5K – $778.1K (±1% cap)
    NOI $46,683 @ 7.0% cap · market cap 16.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Rodriguez Tire Shop (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.5371591
    Latitude
    33.7428002

    FAQs

    What type of property is this?
    Automotive property - Versatile 1,300 SF building on a high-traffic corner lot.
    Where is this automotive property located?
    The property is located at 1320 S Austin Avenue Denison, TX.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: 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
    More about this property
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