Lancaster Warehouse Space For
1616 N I-35E Lancaster, TX
1616 N I-35E, Lancaster, TX, 00000
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For Sale
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15,690 SF warehouse space available in Lancaster, Texas.
Property Size15,690 SF
Lot Size0.96 Acres
Price / SF$108.35
Days on Market353
Property Features for 1616 N I-35E
General Information
- Standard status
- Active
- Size
- 15,690 SF
- Lot size
- 0.96 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Options Real Estate
(972) 762-5523
Listed by
Amariss Feemster
(972) 762-5523
Source
Moodyscre
Added: Jul 30, 2025 Checked: Jul 17 at 5:23 am
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 Options Real Estate
Investment Insights
Based on property information with market context.
This industrial property, located in Lancaster, Texas, offers 15,690 square feet of warehouse space. The property is suitable for warehouse use.
Key Highlights
- 15,690 SF warehouse space
Local Financial Insights For Warehouse
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 | $127.4k | $8.12 |
| − Vacancy | −$11.2k | −$0.71 |
| EGI | $116.2k | $7.41 |
| − OpEx | −$17.4k | −$1.11 |
| NOI | $98.8k | $6.29 |
15,690 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.41M
$1.23M – $1.65M
NOI $98,763 @ 7.0% cap · market cap 5.81%
Second Best
Industrial
$1.16M
$1.02M – $1.36M
NOI $81,334 @ 7.0% cap · market cap 4.78%
Theoretical Best
Multifamily LT 5
$188.07M
$164.56M – $219.42M
NOI $13,164,938 @ 7.0% cap · market cap 774.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
What type of property is this?
Industrial property - 15,690 SF warehouse space available in Lancaster, Texas.
Where is this industrial property located?
The property is located at 1616 N I-35E Lancaster, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 15,690 SF warehouse space
