For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lancaster Warehouse Space For Sale Title is generated by Realmo AI

    1616 N I-35E, Lancaster, TX

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    15,690 SF warehouse space available in Lancaster, Texas.

    Type:INDUSTRIAL
    Property size:
    15,690 SF
    Lot size:
    0.96 Acres
    Price / SF:
    $108/SF
    Added:
    Jul 30, 2025
    Days on Market:
    317
    Last Refresh:
    May 20 at 9:28 pm

    Property Features for 1616 N I-35E

    General Information

    Standard status
    Active
    Size
    15,690 SF
    Lot size
    0.96 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Amariss Feemster
    Amariss Feemster

    Listing agent Amariss Feemster

    Listing office Options Real Estate

    Listing date Jul 30, 2025

    Source Moodyscre

    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

    HighLights

    • 15,690 SF warehouse space

    Overview

    This industrial property, located in Lancaster, Texas, offers 15,690 square feet of warehouse space. The property is suitable for warehouse use.

    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 (±1% cap)
    NOI $98,763 @ 7.0% cap · market cap 5.81%
    Second Best
    Industrial
    $1.16M
    $1.02M – $1.36M (±1% cap)
    NOI $81,334 @ 7.0% cap · market cap 4.78%
    Theoretical Best
    Multifamily LT 5
    $188.07M
    $164.56M – $219.42M (±1% cap)
    NOI $13,164,938 @ 7.0% cap · market cap 774.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Lancaster
    County
    Dallas
    State
    Texas
    Longitude
    -96.8029
    Latitude
    32.6356

    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
    (972) 762-5523 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message