Warehouse with Office
New
For Sale
$1,650,000
1420 Dowdy Ferry Road, Hutchins, TX 75141
Industrial warehouse with dedicated offices, loading access, updated roof and direct connections to major regional routes.
Property Size9,600 SF
Lot Size3.89 Acres
Price / SF$171.88
Days on Market2
Property Features for 1420 Dowdy Ferry Road
General Information
Standard status
Active
Size
9,600 SF
Lot size
3.89 Acres
Property subtype
Commercial
Zoning
Z123 Mixed use industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
9,600 SF
Office Build-Out
1,000 SF
Dock-High Doors
2
Drive-In Doors
1
Three-Phase Power
Yes
Building Details
Building Size
9,600 SF
Year Built
1998
Year Renovated
2020
Buildings
1
Stories
1
Units
1
Listing Agency:
Exit Realty Pro
(903) 288-2047
Listed By:
Debbie Murdock · License #0512902
(903) 288-2047
Source:
Cuddrealtyinc
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 4:42AM
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 Exit Realty Pro
Investment Insights
Based on property information with market context.
This warehouse property occupies approximately 3.89± acres and includes a 9,600± square foot building with 1,000± square feet of office area. The office component was updated in 2017 and includes a reception area, three private offices, kitchenette, bathroom, storage, and central HVAC. Building improvements also include a roof and skylights replaced in 2020.
The site has approximately 293 feet of road frontage, ample parking, two dock-high doors, and one grade-level freight door. Three-phase electrical service supports industrial operations, while Z123 Mixed use industrial zoning provides the stated land-use designation. The property is approximately ¾ mile from I-45 and about 3 miles from I-20, with a location south of Downtown Dallas in Hutchins, Texas.
The site has approximately 293 feet of road frontage, ample parking, two dock-high doors, and one grade-level freight door. Three-phase electrical service supports industrial operations, while Z123 Mixed use industrial zoning provides the stated land-use designation. The property is approximately ¾ mile from I-45 and about 3 miles from I-20, with a location south of Downtown Dallas in Hutchins, Texas.
Key Highlights
- Approximately 3.89± acres with a 9,600± SF warehouse
- 1,000± SF office area updated in 2017 with three private offices and central HVAC
- Roof and skylights replaced in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$136,080
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,721,600
$2.7M
Cap Rate 7%
$1,944,000
$1.9M
Cap Rate 9%
$1,512,000
$1.5M
Market Conditions
NOI Build-Up for 9,600 SF
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.
Gross rent
$241.9K $25.20/SF
− Vacancy
−$60.5K −$6.30/SF
EGI
$181.4K $18.90/SF
− OpEx
−$45.4K −$4.73/SF
NOI
$136.1K $14.17/SF
Area
Dallas County, TX
Vacancy
25.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,721,600
Cap Rate 7%
$1,944,000
Cap Rate 9%
$1,512,000
Alternative Uses
Best Use
Office B
$1.94M
$1.70M – $2.27M
NOI $136,080 @ 7.0% cap · market cap 8.25%
Second Best
Warehouse
$863.3K
$755.4K – $1.01M
NOI $60,428 @ 7.0% cap · market cap 3.66%
Theoretical Best
Multifamily LT 5
$115.07M
$100.69M – $134.25M
NOI $8,055,029 @ 7.0% cap · market cap 488.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75141, TX
5,173
Population
1,431
Households
3.6
Avg Household Size
30
Median Age
8%
College-Educated
73%
High-School Grad
11.7 sq mi
ZIP Area
442
Density / Sq Mi
$45,474
Median Household Income
$29,586
Median Earnings
$1,370
Median Rent
$99,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with dedicated offices, loading access, updated roof and direct connections to major regional routes.
Where is this warehouse located?
The property is located at 1420 Dowdy Ferry Road Hutchins, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 3.89± acres with a 9,600± SF warehouse; 1,000± SF office area updated in 2017 with three private offices and central HVAC; Roof and skylights replaced in 2020
