Flex Warehouse with Office
For Sale
Contact for pricing
16013 Fm 429, Terrell, TX 75161
Newly built facility combines conditioned offices, warehouse capacity, multiple bay doors, and secured access near I-20 and FM 429.
Property Size4,875 SF
Price / SF$0.90
Days on Market95
Property Features for 16013 Fm 429
General Information
Standard status
Active
Size
4,875 SF
Property subtype
Warehouse
Building Details
Year Built
2025
Listing Agency:
Exalt Realty
(972) 757-1837
Listed By:
Joshua Hough · License #0564535
Source:
Lonestarluxuryrealty
Added: Aug 2
Changed: Oct 29
Last Checked: Nov 3 at 6:37AM
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 Exalt Realty
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Investment Insights
Based on property information with market context.
This 4,875-square-foot flex property, built in 2025, combines warehouse and office functionality within a single building. The layout includes two 15' x 13' offices, two bathrooms, a kitchen, and a breakroom, with 10-foot ceilings and full HVAC serving these areas. Closed-cell spray foam insulation supports energy efficiency and noise reduction.
Warehouse access is provided by four bay doors: three measuring 12 feet wide by 14 feet tall at the front and one 10' x 10' door at the rear. Interior ceiling height ranges from 16 feet along the perimeter to 19 feet at the center. The building also includes a 200-amp breaker panel and full LED lighting. A fenced and gated complex, concrete parking, and proximity to I-20 and FM 429 in Terrell support business and customer access.
Warehouse access is provided by four bay doors: three measuring 12 feet wide by 14 feet tall at the front and one 10' x 10' door at the rear. Interior ceiling height ranges from 16 feet along the perimeter to 19 feet at the center. The building also includes a 200-amp breaker panel and full LED lighting. A fenced and gated complex, concrete parking, and proximity to I-20 and FM 429 in Terrell support business and customer access.
Key Highlights
- 4,875‑square‑foot building completed in 2025
- Two 15' x 13' offices, two bathrooms, kitchen, and breakroom
- Four bay doors: three 12' x 14' front doors and one 10' x 10' rear door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,228
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,560
$484.6K
Cap Rate 7%
$346,114
$346.1K
Cap Rate 9%
$269,200
$269.2K
Market Conditions
NOI Build-Up for 4,875 SF
Gross rent
$39.2K $8.04/SF
− Vacancy
−$1.9K −$0.39/SF
EGI
$37.3K $7.65/SF
− OpEx
−$13.0K −$2.68/SF
NOI
$24.2K $4.97/SF
Area
Kaufman County, TX
Vacancy
4.90%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,560
Cap Rate 7%
$346,114
Cap Rate 9%
$269,200
Alternative Uses
Best Use
Warehouse
$484.3K
$423.8K – $565.0K
NOI $33,900 @ 7.0% cap · market cap 770.45%
Second Best
Industrial
$448.2K
$392.1K – $522.9K
NOI $31,371 @ 7.0% cap · market cap 712.98%
Theoretical Best
Multifamily LT 5
$61.35M
$53.68M – $71.58M
NOI $4,294,785 @ 7.0% cap · market cap 97,608.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
Well-served
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Business Placement
Demographics for 75161, TX
7,552
Population
2,541
Households
3
Avg Household Size
44
Median Age
13%
College-Educated
84%
High-School Grad
112.6 sq mi
ZIP Area
67
Density / Sq Mi
$83,125
Median Household Income
$37,104
Median Earnings
$775
Median Rent
$223,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Newly built facility combines conditioned offices, warehouse capacity, multiple bay doors, and secured access near I-20 and FM 429.
Where is this flex space located?
The property is located at 16013 Fm 429 Terrell, TX.
What are key features of this property?
This property features: 4,875‑square‑foot building completed in 2025; Two 15' x 13' offices, two bathrooms, kitchen, and breakroom; Four bay doors: three 12' x 14' front doors and one 10' x 10' rear door
