141 Cimmarron Trail, Runaway Bay, TX 76426
LAND - Runaway Bay, TX
Property Features for 141 Cimmarron Trail
General Information
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 141 Cimmarron Trail in Runaway Bay, Wise County, Texas, outside city limits. Buyers benefit from quick access to major highways for an easy commute.
The site sits on approximately 0.248 acres and is presented as a versatile, flexible-use property for an owner-operator or investor seeking a single, adaptable facility.
Key Highlights
- Approximately 1,200 SF auto shop‑style unit
- Two bays with roll‑up doors
- Existing electric meter already in place
Financial Insights For Warehouse
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 | $9.6k | $8.04 |
| − Vacancy | −$531 | −$0.44 |
| EGI | $9.1k | $7.60 |
| − OpEx | −$1.4k | −$1.14 |
| NOI | $7.7k | $6.46 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 76426, TX
Market
Vacancy Rate% for Industrial in South region