Warehouse with Stabilized
New
For Sale
$775,000
1324 N Saint James Road, Pilot Point, TX 76258
CommercialSale, Pilot Point, TX
Property Size7,487 SF
Lot Size2.50 Acres
Price / SF$103.51
Days on Market2
Property Features for 1324 N Saint James Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-2
Parking features
Driveway
Subdivision
Park Place Estates
Lot features
Cleared
Directions
GPS
Standard status
Active
APN
R122214
Size
7,487 SF
Lot size
2.50 Acres
Taxes and HOA fees
Tax Description
PARK PLACE ESTATES BLK D LOT OPEN SPACE
Tax Annual Amount
6572
Legal Description
PARK PLACE ESTATES BLK D LOT OPEN SPACE
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Keller Williams Realty
(940) 484-9411
Listed By:
Benjamin Clark · License #0611947
(940) 206-9745
Added: Oct 9
Last Checked: Oct 10 at 2:06AM
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.
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
Multifamily LT 5
$104.70M
$91.61M – $122.15M
NOI $7,329,097 @ 7.0% cap · market cap 945.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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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
