Building Details

Year built 1980

Listing Agency: Staples Commercial Group LLC Show Phone

Listed By: Ray Ver Hey · License #0498681 Show Phone

Added: Nov 9, 2023 Changed: Sep 6 Last Checked: Oct 17 at 11:06AM

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MLS# 104710

Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,200-square-foot retail property includes the Jerry's Fiberglass and Marine business, along with its inventory and equipment. The sale combines the operating marine store with the underlying real estate. Built in 1980, the property carries Res/Com zoning, with the three lots fronting W Main St designated for commercial use and four lots along Loon Bay Dr designated residential. The residential portion may support storage use, and the rear of the property may accommodate a privacy fence subject to applicable requirements.

The property is located at 2618 W Main St in Gun Barrel City, approximately one mile from Wal-Mart and within one-half mile of Cedar Creek Reservoir. W Main St reportedly carries more than 19,000 vehicles per day, while the reservoir provides nearby access for boating and outdoor recreation. The parcel includes 1.162 acres, offering a combination of retail operations, business assets, and varied zoning across the site.

Key Highlights

• 3,200‑square‑foot retail property with the Jerry's Fiberglass and Marine business included
• Sale includes the operating business, inventory, and equipment
• Res/Com zoning with three commercial lots and four residential lots

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$43,902

Cap Rate

5.66%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$878,040 $878.0K

Cap Rate 7%

$627,171 $627.2K

Cap Rate 9%

$487,800 $487.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,200 SF

Gross rent

$64.1K $20.04/SF

− Vacancy

−$1.4K −$0.44/SF

EGI

$62.7K $19.60/SF

− OpEx

−$18.8K −$5.88/SF

NOI

$43.9K $13.72/SF

Area

Henderson County, TX

Vacancy

2.20%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$878,040

Cap Rate 7%

$627,171

Cap Rate 9%

$487,800

Alternative Uses

Best Use

Retail

$627.2K

$548.8K – $731.7K (±1% cap)

NOI $43,902 @ 7.0% cap · market cap 5.66%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.13M

$985.0K – $1.31M (±1% cap)

NOI $78,797 @ 7.0% cap · market cap 10.17%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Jerry's Fiberglass & Marine (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Pharmacy Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,000 VPD

Traffic count

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

251

Businesses Nearby

Explore this area Business Placement

Demographics for 75156, TX

15,708

Population

8,969

Households

1.8

Avg Household Size

48

Median Age

17%

College-Educated

86%

High-School Grad

32.1 sq mi

ZIP Area

489

Density / Sq Mi

$59,303

Median Household Income

$35,316

Median Earnings

$932

Median Rent

$209,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Established marine retail operation with inventory, equipment, and commercial-residential zoning near Cedar Creek Reservoir.

Where is this retail space located?

The property is located at 2618 W Main St Gun Barrel City, TX.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: 3,200‑square‑foot retail property with the Jerry's Fiberglass and Marine business included; Sale includes the operating business, inventory, and equipment; Res/Com zoning with three commercial lots and four residential lots