Office Suite With Private
New
For Sale
Contact for pricing
214 N Rusk Avenue, Denison, TX 75020
Four offices, reception space, and a refrigerator-equipped break area support a range of business layouts.
Property Size1,250 SF
Price / SF$1.36
Days on Market2
Property Features for 214 N Rusk Avenue
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Business
Additional Details
Property Use
Office
Amenities
reception area
break room
private side entrances
Building Details
Year Built
1995
Listing Agency:
Tracy Realty
(903) 786-3115
Listed By:
Tommi Sue Homuth · License #0623240
(469) 879-2265
Source:
Ember-realty
Added: Oct 29
Last Checked: Oct 29 at 2:39PM
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 Tracy Realty
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Investment Insights
Based on property information with market context.
Built in 1995, this 1,250-square-foot office suite contains four offices, a reception area, and a break room with a refrigerator. Private side entrances provide separate access points, and designated off-street parking serves the property.
The office is in Denison’s Historical District, near Historic Downtown. Restaurants, coffee bars, and breweries are within walking distance.
The office is in Denison’s Historical District, near Historic Downtown. Restaurants, coffee bars, and breweries are within walking distance.
Key Highlights
- 1,250‑square‑foot office suite built in 1995
- Four offices, reception area, and break room with refrigerator
- Private side entrances and designated off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,909
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,180
$418.2K
Cap Rate 7%
$298,700
$298.7K
Cap Rate 9%
$232,322
$232.3K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$38.4K $30.72/SF
− Vacancy
−$10.5K −$8.42/SF
EGI
$27.9K $22.30/SF
− OpEx
−$7.0K −$5.58/SF
NOI
$20.9K $16.73/SF
Area
Grayson County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,180
Cap Rate 7%
$298,700
Cap Rate 9%
$232,322
Alternative Uses
Best Use
Office B
$298.7K
$261.4K – $348.5K
NOI $20,909 @ 7.0% cap · market cap 1,229.94%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$641.3K
$561.1K – $748.1K
NOI $44,888 @ 7.0% cap · market cap 2,640.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
858
Businesses Nearby
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Business Placement
Demographics for 75020, TX
23,782
Population
10,802
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
390
Density / Sq Mi
$66,308
Median Household Income
$38,656
Median Earnings
$1,136
Median Rent
$187,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four offices, reception space, and a refrigerator-equipped break area support a range of business layouts.
Where is this office unit located?
The property is located at 214 N Rusk Avenue Denison, TX.
What are key features of this property?
This property features: 1,250‑square‑foot office suite built in 1995; Four offices, reception area, and break room with refrigerator; Private side entrances and designated off‑street parking
