Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    213 N Burnett Avenue Denison, TX 75020

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $10 SF/Yr $2,810/Mo (calc)

    Adaptable rental spaces perfect for offices, classrooms, and community organizations.

    Property size:
    3,372 SF
    Added:
    Apr 22, 2026
    Days on Market:
    11
    Last Refresh:
    Apr 22 at 5:51 pm

    Property Features for 213 N Burnett Avenue

    General Information

    Standard status
    Active
    Size
    3,372 SF

    Building Details

    Year Built
    1951

    We can help!

    Listing Contact
    Christin Pruitt

    Listing agent Christin Pruitt

    Listing office Sunrise Real Estate

    Listing date Apr 22, 2026

    Source Signaturere

    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 Sunrise Real Estate

    Overview

    Versatile Rental Spaces Available

    The Presbyterian Church offers versatile rental spaces on the second floor, with square footage options ranging from suites as small as 100 square feet to the entire second floor, allowing for flexible layouts. These spaces are suitable for offices, classrooms, studios, or meeting spaces. Select areas can be configured to include a kitchenette if needed. The second floor includes men's and women's restrooms. The property is ideal for ministries, nonprofits, small businesses, or community organizations seeking adaptable and affordable space. Tenants are welcome and encouraged to customize their space to fit their needs, with the cost of remodeling potentially added to the rent. Ample parking is available with several parking lots on the property. The total property size is 3372 square feet.
    Location Intelligence

    Current Use by Public Records

    First Presbyterian Church Church Kinder Kraft Preschool High School WW (Weight Watchers) Weight Loss Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.5403239
    Latitude
    33.7572074

    Nearby Similar for Lease

    • $2,850/Mo

      Denison Flex Space For Lease

      Versatile flex space near Hwy 75 in growing Denison market.
      4737 N State Highway 91, Denison, TX 75020
      View Details
    • $1,500/Mo

      Charming Brick Building Near Main

      One-story brick building suitable for office or retail use.
      114 W Woodard, Denison, TX 75021
      View Details
    • $3,000/Mo

      Versatile Office Space in Denison

      12,000+ sq ft commercial property near Hwy 75.
      1331 Memorial Drive, Denison, TX 75020
      View Details
    • $1,500/Mo

      Denison Office Space For Rent

      Move-in ready office space with reception, restrooms, break room.
      1110 S Armstrong Avenue, Denison, TX 75020
      View Details
    • $650/Mo

      Denison, TX Office/Retail Space

      Office or retail space with great visibility in Denison.
      1200 S Mirick Avenue, Denison, TX 75020
      View Details
    • $2,500/Mo

      Retail Space on Historic Main

      Retail space on Denison's Historic Main Street available for rent.
      210 W Main, Denison, TX 75020
      View Details
    • $2,100/Mo

      Office Space in Central Denison

      Office space with kitchen facilities, suitable for medical or professional tenant.
      1725 S Austin Avenue, Denison, TX 75020
      View Details
    • $5,000/Mo

      Denison Warehouse with Updated Offices

      Spacious warehouse with updated offices and excellent access.
      130 W Crawford Street, Denison, TX 75021
      View Details
    • $8 SF/Yr

      Retail and Warehouse Space Available

      Retail and warehouse space with high visibility and alley access.
      210 S Armstrong Avenue, Denison, TX 75020
      View Details
    • $1,500/Mo

      Denison Office/Retail Space For Lease

      Updated office/retail space in Denison's vibrant downtown area.
      205 W Gandy Street, Denison, TX 75020
      View Details
    • $12 SF/Yr

      New Retail & Warehouse Flex Suites

      New commercial development with flexible suites for lease in Denison.
      3015 Loy Lake Road, Denison, TX 75020
      View Details
    • $11 SF/Yr

      Downtown Denison Retail/Office Space

      Updated retail/office space in downtown Denison with excellent visibility.
      714 W Chestnut Street, Denison, TX 75020
      View Details

    FAQs

    What type of property is this?
    Office units - Adaptable rental spaces perfect for offices, classrooms, and community organizations.
    Where is this office units located?
    The property is located at 213 N Burnett Avenue Denison, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Versatile rental spaces with flexible layouts, ranging from 100 sq ft to the entire second floor.; Adaptable for various uses: **offices, classrooms, studios, meeting spaces**, ministries, nonprofits, small businesses, or community organizations.; Option to configure select areas with a kitchenette.
    We can help!
    Listing Contact
    Christin Pruitt
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    213 N Burnett Avenue, Denison, TX 75020

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!