Terrell Commercial Property For
For Sale
$3,900,000
1608 W Moore Avenue, Terrell, TX 75160
Commercial property in Terrell, TX, ideal for dealerships or retail.
Property Size21,000 SF
Price / SF$185.71
Days on Market101
Property Features for 1608 W Moore Avenue
General Information
Standard status
Active
Size
21,000 SF
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
RE/MAX Landmark
(972) 396-9100
Listed By:
Frank Roberts · License #0524424
(972) 524-0689
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 31 at 1:17PM
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 RE/MAX Landmark
Investment Insights
Based on property information with market context.
Located in an Opportunity Zone in Terrell, approximately 30 miles east of Dallas, this property is occupied by a new car dealership. It is suitable for car or equipment dealerships, distribution centers, or retail ventures. The property is strategically positioned at the major intersection of State Highway 205 and US Highway 80. The building includes a service bay, showroom, parts department, and offices, along with ample parking. Recently renovated, the property meets all Certificate of Occupancy guidelines set by the City of Terrell. The property size is 21000 square feet. Situated at a major highway intersection, the location provides visibility and accessibility in a developing area.
Key Highlights
- Prime location at the major intersection of SH 205 and US Hwy 80, ensuring high visibility and accessibility.
- Suitable for various businesses including car/equipment dealerships, distribution centers, or retail ventures.
- Features a service bay, showroom, parts department, and offices.
Financial Insights For Retail
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 | $524.2k | $24.96 |
| − Vacancy | −$23.6k | −$1.12 |
| EGI | $500.6k | $23.84 |
| − OpEx | −$150.2k | −$7.15 |
| NOI | $350.4k | $16.69 |
21,000 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$5.36M
$4.69M – $6.26M
NOI $375,430 @ 7.0% cap · market cap 9.63%
Second Best
Retail
$5.01M
$4.38M – $5.84M
NOI $350,401 @ 7.0% cap · market cap 8.98%
Theoretical Best
Multifamily LT 5
$264.29M
$231.26M – $308.34M
NOI $18,500,611 @ 7.0% cap · market cap 474.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
75k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 24%
Home Improvements & Furnishings 2%
Electronics 1%
Braum's Ice Cream & Dairy Stores
Dining
21,311 visits/mo
0.2 miles
Taco Bell
Dining
12,021 visits/mo
0.3 miles
SONIC Drive In
Dining
9,047 visits/mo
0.1 miles
Shipley Do-Nuts
Dining
6,642 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,095 visits/mo
0.2 miles
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Commercial property in Terrell, TX, ideal for dealerships or retail.
Where is this car wash located?
The property is located at 1608 W Moore Avenue Terrell, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Prime location at the major intersection of SH 205 and US Hwy 80, ensuring high visibility and accessibility.; Suitable for various businesses including car/equipment dealerships, distribution centers, or retail ventures.; Features a service bay, showroom, parts department, and offices.
