Flex Warehouse Office
15821 E Highway 175 Mabank, TX 75143
15821 E Highway 175, Mabank, TX, 75143
$999,000
For Sale
$999,000
Flex facility includes a large foam-insulated warehouse with multiple roll-up doors and office buildout on two levels.
Property Size7,200 SF
Lot Size0.50 Acres
Price / SF$138.75
Days on Market16
Property Features for 15821 E Highway 175
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2021
Listing agency
Coldwell Banker American Dream
(903) 880-2444
Listed by
Buck Gentry · License #0416423
(903) 880-2444
Source
Cuddrealtyinc
Added: Jul 8 Updated: Jul 22 at 10:34PM Checked: Jul 22 at 10:34PM
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 Coldwell Banker American Dream
Investment Insights
Based on property information with market context.
This flex warehouse office facility is currently configured as an office for Cedar Creek Pools and parks construction equipment and storage. The property includes a large 60x120 building with 6 roll-up doors and 4 walk-through doors, along with foam-insulated warehouse space. The downstairs area is approximately 1,200 square feet and features a large office area, two smaller offices, two bathrooms, and a kitchenette. The upstairs area is approximately 1,500 square feet and includes eight offices plus a full-size kitchen and dining area, supporting a split office-and-operations layout.
The property sits on 0.503 acres on Highway 175, located between Kemp and Mabank, close to Cedar Creek Lake. The combination of loading access and office space makes the building suitable for businesses needing on-site administrative space and storage for equipment or materials.
With a substantial warehouse component alongside two floors of office improvements, the building offers a practical structure for day-to-day operations in a single location, supported by multiple overhead and walk-through entry points.
The property sits on 0.503 acres on Highway 175, located between Kemp and Mabank, close to Cedar Creek Lake. The combination of loading access and office space makes the building suitable for businesses needing on-site administrative space and storage for equipment or materials.
With a substantial warehouse component alongside two floors of office improvements, the building offers a practical structure for day-to-day operations in a single location, supported by multiple overhead and walk-through entry points.
Key Highlights
- 2021‑built flex facility on 0.503 acres with a 60x120 building and foam‑insulated warehouse space
- Warehouse includes 6 roll‑up doors plus 4 walk‑through doors, providing flexible access for storage and operations
- Downstairs office space (~1,200 SF) with large office area, 2 small offices, 2 bathrooms, and 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 | $129.6k | $18.00 |
| − Vacancy | −$13.0k | −$1.80 |
| EGI | $116.6k | $16.20 |
| − OpEx | −$40.8k | −$5.67 |
| NOI | $75.8k | $10.53 |
7,200 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.51M – $2.01M
NOI $120,435 @ 7.0% cap · market cap 12.06%
Second Best
Flex RnD
$1.08M
$947.7K – $1.26M
NOI $75,816 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$2.53M
$2.22M – $2.95M
NOI $177,293 @ 7.0% cap · market cap 17.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex facility includes a large foam-insulated warehouse with multiple roll-up doors and office buildout on two levels.
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 flex facility on 0.503 acres with a 60x120 building and foam‑insulated warehouse space; Warehouse includes 6 roll‑up doors plus 4 walk‑through doors, providing flexible access for storage and operations; Downstairs office space (~1,200 SF) with large office area, 2 small offices, 2 bathrooms, and kitchenette
