Warehouse with Highway
1683 E Us Hwy 175 Larue, TX 75770
1683 E Us Hwy 175, Larue, TX, 75770
$449,000
For Sale
$449,000
Flex industrial property with water and electric on site and parkway frontage on US Highway 175.
Property Size7,500 SF
Lot Size1.00 Acre
Price / SF$59.87
Days on Market85
Property Features for 1683 E Us Hwy 175
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 1.00 Acre
Listing agency
Keller Williams Realty-Tyler
(903) 521-4010
Listed by
Terosa Jones
(903) 521-4010
Source
Exprealty
Added: Apr 28 Updated: Jul 21 at 5:28AM Checked: Jul 21 at 5:28AM
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 Keller Williams Realty-Tyler
Investment Insights
Based on property information with market context.
This versatile commercial property offers approximately 7,500 square feet of building space on about 1 acre, with potential for retail, office, warehouse, showroom, service business, or mixed-use operations. On-site utilities include water and electric, and city sewer availability is listed. The property also features an established driveway access and is designed to support customer, vendor, and delivery traffic.
The property is positioned with visibility on US Highway 175 and includes parkway frontage, providing direct exposure along a high-traffic corridor. Convenient road access helps accommodate both day-to-day operations and ongoing logistics.
Available as a for-sale opportunity, the site combines highway frontage, utility access, and a multi-use building footprint for a wide range of commercial uses.
The property is positioned with visibility on US Highway 175 and includes parkway frontage, providing direct exposure along a high-traffic corridor. Convenient road access helps accommodate both day-to-day operations and ongoing logistics.
Available as a for-sale opportunity, the site combines highway frontage, utility access, and a multi-use building footprint for a wide range of commercial uses.
Key Highlights
- Approximately 1‑acre commercial property with parkway frontage on US Highway 175
- Approximately 7,500 SF building with potential uses including retail, office, warehouse, showroom, service business, or mixed‑use
- Water and electric on site
Local Financial Insights For Industrial
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 | $61.2k | $8.16 |
| − Vacancy | −$5.6k | −$0.74 |
| EGI | $55.6k | $7.42 |
| − OpEx | −$16.7k | −$2.23 |
| NOI | $38.9k | $5.19 |
7,500 SF · lease $8.16/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.47M
$1.29M – $1.71M
NOI $102,895 @ 7.0% cap · market cap 22.92%
Second Best
Flex RnD
$1.13M
$987.2K – $1.32M
NOI $78,975 @ 7.0% cap · market cap 17.59%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,680 @ 7.0% cap · market cap 41.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex industrial property with water and electric on site and parkway frontage on US Highway 175.
Where is this flex space located?
The property is located at 1683 E Us Hwy 175 Larue, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Approximately 1‑acre commercial property with parkway frontage on US Highway 175; Approximately 7,500 SF building with potential uses including retail, office, warehouse, showroom, service business, or mixed‑use; Water and electric on site