Brick-Accented Storefront
For Sale
$1,500,000
201 N Bois D Arc Street, Forney, TX 75126
Downtown commercial space combines original architectural details with functional storage and restroom areas.
Property Size4,420 SF
Price / SF$339.37
Days on Market37
Property Features for 201 N Bois D Arc Street
General Information
Standard status
Active
Size
4,420 SF
Property subtype
Commercial
Zoning
Commercial
Amenities
hardwood floors
high ceilings
shiplap
plaster walls
exposed brick
interior and exterior staircases
restrooms
storage space
Building Details
Building Size
4,420 SF
Year Built
1920
Units
2
Listing Agency:
Bradford Elite Real Estate LLC
(972) 689-1574
Listed By:
Marjorie Bradford · License #0700927
(972) 689-1574
Source:
Vickiesteam
Added: Jul 24
Changed: Aug 28
Last Checked: Aug 24 at 3:52AM
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 Bradford Elite Real Estate LLC
Investment Insights
Based on property information with market context.
Built in 1920, this storefront property at 201 N Bois D Arc St in Forney offers 4,420 square feet of commercial space. The interior pairs hardwood flooring with high ceilings, shiplap, plaster walls, and exposed brick, creating a distinctive architectural setting. Interior and exterior staircases support movement through the building, while restrooms and substantial storage add practical functionality.
The property sits in downtown Forney and presents prominently within the downtown district. Its combination of historic construction, retained interior details, and usable support areas provides a recognizable setting for commercial occupancy or ownership.
The property sits in downtown Forney and presents prominently within the downtown district. Its combination of historic construction, retained interior details, and usable support areas provides a recognizable setting for commercial occupancy or ownership.
Key Highlights
- 4,420 square feet of commercial space
- Built in 1920
- Hardwood floors, high ceilings, shiplap, plaster walls, and exposed brick
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,751
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,475,020
$1.5M
Cap Rate 7%
$1,053,586
$1.1M
Cap Rate 9%
$819,456
$819.5K
Market Conditions
NOI Build-Up for 4,420 SF
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.
Gross rent
$110.3K $24.96/SF
− Vacancy
−$5.0K −$1.12/SF
EGI
$105.4K $23.84/SF
− OpEx
−$31.6K −$7.15/SF
NOI
$73.8K $16.69/SF
Area
Kaufman County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,475,020
Cap Rate 7%
$1,053,586
Cap Rate 9%
$819,456
Alternative Uses
Best Use
Retail
$1.05M
$921.9K – $1.23M
NOI $73,751 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$55.63M
$48.67M – $64.90M
NOI $3,893,938 @ 7.0% cap · market cap 259.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
Dollar General
Shops & Services
7,643 visits/mo
0.5 miles
Cicis
Dining
1,705 visits/mo
0.2 miles
American National Bank
Shops & Services
466 visits/mo
0.4 miles
Mr. Jim's Pizza
Dining
287 visits/mo
0.5 miles
Demographics for 75126, TX
64,573
Population
24,316
Households
2.7
Avg Household Size
32
Median Age
36%
College-Educated
92%
High-School Grad
81.6 sq mi
ZIP Area
791
Density / Sq Mi
$104,001
Median Household Income
$55,453
Median Earnings
$1,930
Median Rent
$337,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Downtown commercial space combines original architectural details with functional storage and restroom areas.
Where is this storefront property located?
The property is located at 201 N Bois D Arc Street Forney, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,420 square feet of commercial space; Built in 1920; Hardwood floors, high ceilings, shiplap, plaster walls, and exposed brick
