Whitehouse Mixed-Use Investment
For Sale
$1,150,000
15632 S Hwy 110, Whitehouse, TX 75791
Diverse, flexible property in Whitehouse, TX, with income potential.
Property Size14,186 SF
Lot Size2.43 Acres
Price / SF$81.07
Days on Market656
Property Features for 15632 S Hwy 110
General Information
Standard status
Active
Size
14,186 SF
Lot size
2.43 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2005
Listing Agency:
BRIDGEWATER REALTY GROUP
(903) 530-1984
Listed By:
Marc Ivy · License #0515285
(903) 530-1984
Source:
Exitrealty
Added: Nov 5, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
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 BRIDGEWATER REALTY GROUP
Investment Insights
Based on property information with market context.
This mixed-use property in Whitehouse, Texas, presents an investment opportunity. The property, totaling approximately 14,186 square feet, features a mix of office and professional spaces. The property has a new roof on all buildings and new exterior paint, with a newly updated interior. The property's layout allows for the rental of single room spaces, large suites, or whole buildings. The 2024 Net Operating Income (NOI) is $108,146, with a 2024 Capitalization Rate (Cap Rate) of 9.40%. The potential Net Operating Income (NOI) is $175,297, with a potential Capitalization Rate (Cap Rate) of 15.24%.
Key Highlights
- High Potential Cap Rate: 15.24% and NOI: $175,297
- Diverse and Flexible Property: Rental options include single rooms, large suites, and whole buildings.
- Newly Updated Interior
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 75791, TX
14,255
Population
5,758
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
39.4 sq mi
ZIP Area
362
Density / Sq Mi
$76,154
Median Household Income
$45,491
Median Earnings
$1,420
Median Rent
$231,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Diverse, flexible property in Whitehouse, TX, with income potential.
Where is this mixed-use property located?
The property is located at 15632 S Hwy 110 Whitehouse, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High Potential Cap Rate: 15.24% and NOI: $175,297; Diverse and Flexible Property: Rental options include single rooms, large suites, and whole buildings.; Newly Updated Interior
