Warehouse with Stabilized
1324 N Saint James Road, Pilot Point, TX 76258
For Sale
$775,000
CommercialSale, Pilot Point, TX
Property Size7,487 SF
Lot Size2.50 Acres
Price / SF$103.51
Days on Market35
Property Features for 1324 N Saint James Road
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Keller Williams Realty
Listed By:
Benjamin Clark · License TX #0611947
(940) 484-9411
Added: Oct 9
Changed: Nov 10
Last Checked: Nov 12 at 6:06PM
MLS# 21407833
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7,487-square-foot warehouse sits on 2.5 acres and features a steel-frame structure with metal siding and roofing. The open interior has 12-foot ceilings, three 10-by-10-foot overhead doors, and a separate walk-in entrance. An updated office area supports on-site operations, while two mini-split AC units are included for installation. Electrical service is 400 amps with 230-volt, three-phase power. Two conex containers are also included, and the stabilized yard provides space for equipment and vehicle storage.
The property is less than one mile west of US Highway 377 in Pilot Point, Denton County. Public water and sewer serve the site.
The property is less than one mile west of US Highway 377 in Pilot Point, Denton County. Public water and sewer serve the site.
Key Highlights
- 7,487‑square‑foot warehouse on 2.5 acres
- Steel‑frame building with open interior and 12‑foot ceilings
- Three 10x10 overhead doors and one separate walk‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,664
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,280
$933.3K
Cap Rate 7%
$666,629
$666.6K
Cap Rate 9%
$518,489
$518.5K
Market Conditions
NOI Build-Up for 7,487 SF
Gross rent
$60.2K $8.04/SF
− Vacancy
−$5.3K −$0.71/SF
EGI
$54.9K $7.33/SF
− OpEx
−$8.2K −$1.10/SF
NOI
$46.7K $6.23/SF
Area
Denton County, TX
Vacancy
8.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,280
Cap Rate 7%
$666,629
Cap Rate 9%
$518,489
Alternative Uses
Best Use
Warehouse
$666.6K
$583.3K – $777.7K
NOI $46,664 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,360 @ 7.0% cap · market cap 23.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
$320,200
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Denton County, TX
Properties on Market for Warehouses in Denton County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Near the Lake Boat and RV Storage — 701 Brenda's Wy, Pilot Point, TX 76258
Frequently Asked Questions
What type of property is this?
Warehouse - A metal warehouse pairs open work space with a dedicated office and outdoor storage capacity.
Where is this warehouse located?
The property is located at 1324 N Saint James Road Pilot Point, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 7,487‑square‑foot warehouse on 2.5 acres; Steel‑frame building with open interior and 12‑foot ceilings; Three 10x10 overhead doors and one separate walk‑in door
