306 S Waco Street, Van Alstyne, TX 75495
New construction building suitable for retail, restaurant, or office use.
- Added:
- Apr 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 22 at 5:36 pm
Property Features for 306 S Waco Street
General Information
- Standard status
- Active
- Size
- 2,597 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing agent William Benton
Listing office Benton-Luttrell Real Estate Co
Listing date Apr 22, 2026
Source Signaturere
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All listing content including descriptions, pricing, images are the copyrighted material of Benton-Luttrell Real Estate Co
HighLights
- New construction with interior ready for custom finish out.
- Excellent location with high visibility near Historic Downtown Van Alstyne.
- Suitable for retail, restaurant, or office use.
- Unique vintage 1930‑40s Texaco Station attached.
- Structural steel building.
- Additional lot available for purchase to expand parking.
Overview
Local Financial Insights For Specialty Retail
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 | $64.8k | $24.96 |
| − Vacancy | −$3.2k | −$1.25 |
| EGI | $61.6k | $23.71 |
| − OpEx | −$15.4k | −$5.93 |
| NOI | $46.2k | $17.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Van Alstyne
- County
- Grayson
- State
- Texas
- Longitude
- -96.5771542
- Latitude
- 33.4205348
