212 N Austin Avenue Denison, TX 75020
COMMERCIAL - Denison, TX
- Added:
- Jun 4, 2026
- Days on Market:
- 38
- Last Refresh:
- Jul 11 at 10:06 am
Property Features for 212 N Austin Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Alley
- Standard status
- Active
- APN
- 143062
- Size
- 1,400 SF
- Lot size
- 0.49 Acres
Taxes and HOA fees
- Tax Description
- OTP DENISON, BLOCK 39, LOT 6 AND 7 AND THE E
- Tax Annual Amount
- 5063
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Justin Holland License #0560450 (972) 771-5106
Listing office Legacy & Co. Real Estate LLC Rockwall, TX (972) 771-5106
Listing date Jun 4, 2026
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.
The location is positioned for strong exposure, with high-impact visibility on Austin Avenue and a reported daily traffic count exceeding 6,400 vehicles. It is also described as being just two blocks from Main Street in Denison, placing it in close proximity to the downtown core.
For investors, the asset is positioned to balance immediate adaptability with long-term land value in a walkable downtown setting. For tenants and operators, the flexible shell format can help streamline buildout planning for a flagship retail boutique, café concept, or creative-use offering that benefits from prominent downtown visibility.
Key Highlights
- 21,000 SF hard‑corner development site with frontage on Austin Avenue
- Daily traffic count exceeding 6,400 vehicles on Austin Avenue (per remarks)
- Two blocks from Main Street (per remarks)
Local Financial Insights For Specialty Retail
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 | $34.9k | $24.96 |
| − Vacancy | −$1.7k | −$1.25 |
| EGI | $33.2k | $23.71 |
| − OpEx | −$8.3k | −$5.93 |
| NOI | $24.9k | $17.78 |
Alternative Uses
Property Analytics
Current Use by Public Records
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