Divisible Flex Warehouse
For Sale
Contact for pricing
2655 E Audie Murphy Pkwy, Farmersville, TX 75442
2024-built flex warehouse facility with six buildings and divisible bays featuring ample on-site parking.
Property Size6,000 SF
Price / SF$225
Days on Market163
Property Features for 2655 E Audie Murphy Pkwy
General Information
Standard status
Active
Size
6,000 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2024
Listing Agency:
Knake Dodge & Company
(214) 263-0293
Listed By:
Tom Dodge
(214) 566-4196
Source:
Moodyscre
Added: May 13
Changed: Jul 22
Last Checked: Oct 20 at 10:43PM
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 Knake Dodge & Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2024-built flex warehouse facility totals 36,000 SF across six separate 6,000 SF buildings. The property is designed to be divisible into 1,500 SF bays, making it suitable for a range of smaller occupancy needs within the overall flex warehouse configuration. Ample parking is available at a stated 3.5 spaces per 1,000 SF.
The facility is located on major Highway 380 in Farmersville, Texas, with proximity described to Princeton, McKinney, and Wiley, TX.
For buyers seeking a multi-building flex warehouse setup, the combination of six buildings and 1,500 SF divisibility supports flexible leasing and occupancy planning while maintaining an organized warehouse-bay layout.
The facility is located on major Highway 380 in Farmersville, Texas, with proximity described to Princeton, McKinney, and Wiley, TX.
For buyers seeking a multi-building flex warehouse setup, the combination of six buildings and 1,500 SF divisibility supports flexible leasing and occupancy planning while maintaining an organized warehouse-bay layout.
Key Highlights
- 2024‑built flex warehouse on Highway 380 in Farmersville, minutes from Princeton, McKinney, and Wiley, TX
- 36,000 SF total across six 6,000 SF buildings
- Divisible into 1,500 SF bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,992
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,840
$879.8K
Cap Rate 7%
$628,457
$628.5K
Cap Rate 9%
$488,800
$488.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$72.0K $12.00/SF
− Vacancy
−$4.3K −$0.72/SF
EGI
$67.7K $11.28/SF
− OpEx
−$23.7K −$3.95/SF
NOI
$44.0K $7.33/SF
Area
Collin County, TX
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,840
Cap Rate 7%
$628,457
Cap Rate 9%
$488,800
Alternative Uses
Best Use
Industrial
$5.96M
$5.22M – $6.96M
NOI $417,338 @ 7.0% cap · market cap 30.91%
Second Best
Flex RnD
$628.5K
$549.9K – $733.2K
NOI $43,992 @ 7.0% cap · market cap 3.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75442, TX
11,241
Population
4,060
Households
2.8
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
107.6 sq mi
ZIP Area
104
Density / Sq Mi
$84,591
Median Household Income
$48,482
Median Earnings
$1,501
Median Rent
$330,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 2024-built flex warehouse facility with six buildings and divisible bays featuring ample on-site parking.
Where is this flex space located?
The property is located at 2655 E Audie Murphy Pkwy Farmersville, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2024‑built flex warehouse on Highway 380 in Farmersville, minutes from Princeton, McKinney, and Wiley, TX; 36,000 SF total across six 6,000 SF buildings; Divisible into 1,500 SF bays
