Industrial Buildings with Office
23350 US Highway 377 Whitesboro, TX 76273
23350 US Highway 377, Whitesboro, TX, 76273
$1,200,000
For Sale
$1,200,000
COMMERCIAL - Whitesboro, TX
Property Size8,000 SF
Lot Size2.99 Acres
Price / SF$150
Days on Market110
Property Features for 23350 US Highway 377
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Covered, Driveway, Gated
- Standard status
- Active
- APN
- 114375
- Size
- 8,000 SF
- Lot size
- 2.99 Acres
Taxes and HOA fees
- Tax Description
- TUTTLE ASHEL A-G1193, AC 2.99, , DBA K M C
- Tax Annual Amount
- 3247
Utilities
- Sewer type
- Aerobic Septic
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency
Texas Homes and Land
(214) 908-5468
Celina, TX
Listed by
Coryann Johnson · License #0450333
(214) 908-5468
Added: Mar 31 Checked: Jul 18 at 5:06 pm
MLS# 20301255
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 industrial property includes two separate buildings on a roughly 3-acre site with a gravel surface. The first building is approximately 5,000 SF and contains modest office space and a bathroom, with roll-up and slider doors on three sides. The second building totals approximately 3,000 SF, featuring three roll-up bays and a 36 ft. x 16 ft. office area served by central heating and cooling.
The site is located at 23350 US Highway 377 in Whitesboro, TX. Water is provided by Rural Water service, and there is an unused 1,400 ft. water well with a pump set at 650 ft.
Overall, the combination of multiple roll-up bays, office space, and truck-suitable gravel surfacing supports a variety of industrial uses that need flexible building access.
The site is located at 23350 US Highway 377 in Whitesboro, TX. Water is provided by Rural Water service, and there is an unused 1,400 ft. water well with a pump set at 650 ft.
Overall, the combination of multiple roll-up bays, office space, and truck-suitable gravel surfacing supports a variety of industrial uses that need flexible building access.
Key Highlights
- 3‑acre commercial property located just off Highway 377 in Whitesboro, TX.
- Two buildings: 5,000 SF with modest office and 1 bathroom, plus fabrication setup with roll‑up and slider doors on three sides.
- Second building offers 3,000 SF with three roll‑up bays and a 36 ft x 16 ft office with central heating and cooling.
Local 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 | $65.3k | $8.16 |
| − Vacancy | −$5.7k | −$0.72 |
| EGI | $59.5k | $7.44 |
| − OpEx | −$8.9k | −$1.12 |
| NOI | $50.6k | $6.33 |
8,000 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$722.9K
$632.6K – $843.4K
NOI $50,605 @ 7.0% cap · market cap 4.22%
Second Best
Industrial
$595.4K
$520.9K – $694.6K
NOI $41,675 @ 7.0% cap · market cap 3.47%
Theoretical Best
Hotel Hospitality
$4.10M
$3.59M – $4.79M
NOI $287,280 @ 7.0% cap · market cap 23.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two industrial buildings total about 8,000 SF, with roll-up doors, office space, and a gravel yard for truck operations.
Where is this flex space located?
The property is located at 23350 US Highway 377 Whitesboro, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3‑acre commercial property located just off Highway 377 in Whitesboro, TX.; Two buildings: 5,000 SF with modest office and 1 bathroom, plus fabrication setup with roll‑up and slider doors on three sides.; Second building offers 3,000 SF with three roll‑up bays and a 36 ft x 16 ft office with central heating and cooling.
