Warehouse Flex Business
17521 State Hwy 155 Flint, TX 75762
17521 State Hwy 155, Flint, TX, 75762
Contact for pricing
For Sale
Contact for pricing
Five-warehouse business park with 24 total units and highway 155 frontage, offering strong parking and maneuverability.
Property Size45,870 SF
Price / SF$78.48
Days on Market21
Property Features for 17521 State Hwy 155
General Information
- Standard status
- Active
- Size
- 45,870 SF
- Property subtype
- Industrial, Mixed Use, Special Purpose
Building Details
- Year Built
- 1980
Listing agency
Scarborough Commercial Real Estate
(903) 570-7366
Listed by
Samuel Scarborough, CCIM · License #TX 687976
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 7:20AM Checked: Jul 21 at 7:20AM
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 Scarborough Commercial Real Estate
Investment Insights
Based on property information with market context.
Landmark Business Park consists of five warehouse buildings with a mix of warehouse, shop, and functional interior space designed to support industrial, storage, service, distribution, and contractor uses. The site is laid out to provide ample maneuverability and parking, along with room for operational flexibility and equipment storage. There are 24 total units, with 21 currently occupied and three vacant units available for lease-up.
The property is positioned just south of Tyler in a rapidly developing commercial corridor and benefits from Highway 155 frontage with strong visibility. Additional land is also available for future development.
Offered for sale as a multi-unit warehouse and flex business park, the asset presents in-place cash flow from current occupancy and the opportunity to stabilize or grow income through the remaining vacant units.
The property is positioned just south of Tyler in a rapidly developing commercial corridor and benefits from Highway 155 frontage with strong visibility. Additional land is also available for future development.
Offered for sale as a multi-unit warehouse and flex business park, the asset presents in-place cash flow from current occupancy and the opportunity to stabilize or grow income through the remaining vacant units.
Key Highlights
- Landmark Business Park includes five warehouse buildings with a mix of warehouse and shop/interior space for industrial and storage uses
- 24 total units with 21 currently occupied; three vacant units provide lease‑up upside
- Highway 155 frontage with strong visibility
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 | $368.8k | $8.04 |
| − Vacancy | −$31.3k | −$0.68 |
| EGI | $337.4k | $7.36 |
| − OpEx | −$50.6k | −$1.10 |
| NOI | $286.8k | $6.25 |
45,870 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.10M
$3.59M – $4.78M
NOI $286,830 @ 7.0% cap · market cap 7.97%
Second Best
Industrial
$3.37M
$2.95M – $3.94M
NOI $236,213 @ 7.0% cap · market cap 6.56%
Theoretical Best
Hotel Hospitality
$34.55M
$30.23M – $40.31M
NOI $2,418,496 @ 7.0% cap · market cap 67.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Eagle Steel Buildings
Construction Company
Techcorr
Home Inspector
Britec Training Solutions
Industrial Manufacturer
Noonday Detail Shop
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Five-warehouse business park with 24 total units and highway 155 frontage, offering strong parking and maneuverability.
Where is this flex space located?
The property is located at 17521 State Hwy 155 Flint, TX.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Landmark Business Park includes five warehouse buildings with a mix of warehouse and shop/interior space for industrial and storage uses; 24 total units with 21 currently occupied; three vacant units provide lease‑up upside; Highway 155 frontage with strong visibility
