Flex Warehouse with Office &
15821 E Highway 175 Mabank, TX 75143
15821 E Highway 175, Mabank, TX, 75143
$999,000
For Sale
$999,000
COMMERCIAL - Mabank, TX
Property Size8,700 SF
Lot Size0.50 Acres
Price / SF$114.83
Days on Market89
Property Features for 15821 E Highway 175
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 8518
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Description
- JNO G JACOBS, TRACT 70.00; 20.86 ACRES
- Tax Annual Amount
- 29817
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl, Concrete
- Building materials
- MetalSiding
Listing Agency
Coldwell Banker American Dream
(903) 887-7055
Gun Barrel City, TX
Listed by
Buck Gentry · License #0416423
(903) 887-7055
Added: Apr 21 Checked: Jul 18 at 6:06 am
MLS# 20835362
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 flex warehouse property is currently set up for an office, equipment storage, and operations space. It features a large 60x120 building with six roll-up doors and four walk-through doors, plus a foam-insulated warehouse area described as approximately 6,000 square feet. The downstairs offers approximately 1,200 square feet with a large office area, two smaller offices, two bathrooms, and a kitchenette. The upstairs provides approximately 1,500 square feet with eight offices, along with a full-size kitchen and dining area, supporting day-to-day work and onsite meal prep.
The site is located on Highway 175 between Kemp and Mabank, with the listing noting proximity to Cedar Creek Lake. This highway-adjacent placement can be especially practical for businesses that need reliable access for employees, deliveries, or equipment movement.
With its combination of warehouse capacity, multiple access doors, and office configuration across two levels, the building is well-suited to contractors, trades, and service-oriented teams that want storage plus administrative space in one location. The included kitchen setup can also support business functions that require onsite food service or convenient meal preparation for staff.
The site is located on Highway 175 between Kemp and Mabank, with the listing noting proximity to Cedar Creek Lake. This highway-adjacent placement can be especially practical for businesses that need reliable access for employees, deliveries, or equipment movement.
With its combination of warehouse capacity, multiple access doors, and office configuration across two levels, the building is well-suited to contractors, trades, and service-oriented teams that want storage plus administrative space in one location. The included kitchen setup can also support business functions that require onsite food service or convenient meal preparation for staff.
Key Highlights
- 2021‑built commercial metal building on 0.503 acres along Hwy 175 between Kemp and Mabank, near Cedar Creek Lake
- 60x120 building with 6 roll‑up doors plus 4 walk‑through doors
- Approx. 1,200 SF downstairs office space with 2 small offices, 2 bathrooms, and a kitchenette
Local Financial Insights For Flex RnD
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 | $156.6k | $18.00 |
| − Vacancy | −$15.7k | −$1.80 |
| EGI | $140.9k | $16.20 |
| − OpEx | −$49.3k | −$5.67 |
| NOI | $91.6k | $10.53 |
8,700 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.43M
NOI $145,525 @ 7.0% cap · market cap 14.57%
Second Best
Flex RnD
$1.31M
$1.15M – $1.53M
NOI $91,611 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,229 @ 7.0% cap · market cap 21.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Foam-insulated flex warehouse with multiple roll-up doors and offices, including full kitchen and dining space.
Where is this flex space located?
The property is located at 15821 E Highway 175 Mabank, TX.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2021‑built commercial metal building on 0.503 acres along Hwy 175 between Kemp and Mabank, near Cedar Creek Lake; 60x120 building with 6 roll‑up doors plus 4 walk‑through doors; Approx. 1,200 SF downstairs office space with 2 small offices, 2 bathrooms, and a kitchenette
