Terrell Commercial Property For
1608 W Moore Avenue Terrell, TX 75160
For Sale
$3,900,000
Commercial property in Terrell, TX, ideal for dealerships or retail.
Property Size21,000 SF
Price / SF$185.71
Days on Market94
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 24 at 3:37PM
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Service And Parts Dept.
Department Store
Clay Cooley Hyundai ...
Auto Repair Shop
FAQs
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.
