1610 5th Avenue, Canyon, TX 79015
Well-lit office layout includes a reception area, 10 offices, and updated flooring with washer and dryer hookups.
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 2:24 am
Property Features for 1610 5th Avenue
General Information
- Standard status
- Active
- Size
- 2,767 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1962
Listing office Gaut Whittenburg Emerson Commercial Real Estate, LLC
Listing date Jul 7, 2026
Source Shopamarillohomes
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 Gaut Whittenburg Emerson Commercial Real Estate, LLC
HighLights
- 1962‑built building near Canyons Downtown Square with on‑site parking lot
- Office layout includes a reception area plus 10 offices
- Two bathrooms
- Updated with laminate vinyl flooring
- Large windows provide natural light
- Washer and dryer hookups available
Overview
The building is located near Canyons Downtown Square. The position provides easy access and exposure to the town square area, which serves as a central hub for shopping outlets and recurring community events such as parades and farmers markets. The property also stands out as one of the few buildings on the square with its own parking lot.
With its reception setup and multiple office rooms, the space is a practical fit for an office user looking for dedicated rooms or for a salon, spa, or retail operator seeking a front-facing entry and a functional internal layout. The combination of natural light, updated flooring, and in-unit laundry hookups supports day-to-day operations for service-oriented tenants or owners.
Local 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 | $56.8k | $20.52 |
| − Vacancy | −$3.2k | −$1.17 |
| EGI | $53.5k | $19.35 |
| − OpEx | −$16.1k | −$5.81 |
| NOI | $37.5k | $13.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canyon
- County
- Randall
- State
- Texas
- Longitude
- -101.9265217
- Latitude
- 34.9786578
