Build-to-Suit Warehouse
1910 Macgregor Drive Denison, TX 75021
New
For Sale
$3,750,000
COMMERCIAL - Denison, TX
Property Size30,400 SF
Lot Size2.19 Acres
Price / SF$123.36
Days on Market2
Property Features for 1910 Macgregor Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- APN
- 471066
- Lot size
- 2.19 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency:
DHS Realty
(972) 979-8413
Listed By:
Krista Landon · License #0788947
(972) 979-8413
Added: Jul 23
Last Checked: Jul 24 at 8:06AM
MLS# 21333858
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This soon-to-be-built warehouse is planned within a two-building commercial development in Denison, Texas. The building is being marketed as build-to-suit, with the ability to customize for operational, storage, and office and/or production needs. Utilities are available, supporting flexible tenant or buyer buildout plans.
The development includes a second warehouse that is offered under a separate listing. Buyers may purchase this building individually or acquire both properties to create a larger commercial footprint.
The property is located at 1910 Macgregor Drive, Denison, TX 75021.
The development includes a second warehouse that is offered under a separate listing. Buyers may purchase this building individually or acquire both properties to create a larger commercial footprint.
The property is located at 1910 Macgregor Drive, Denison, TX 75021.
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 | $248.1k | $8.16 |
| − Vacancy | −$21.8k | −$0.72 |
| EGI | $226.2k | $7.44 |
| − OpEx | −$33.9k | −$1.12 |
| NOI | $192.3k | $6.33 |
30,400 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.75M
$2.40M – $3.20M
NOI $192,299 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$15.60M
$13.65M – $18.19M
NOI $1,091,664 @ 7.0% cap · market cap 29.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial land
FAQs
What type of property is this?
Industrial land - Soon-to-be-built warehouse in a two-building development with build-to-suit customization and utilities available.
Where is this industrial land located?
The property is located at 1910 Macgregor Drive Denison, TX.
What is the asking price?
The asking price for this property is $3,750,000.
