Controlled-Environment Industrial
308 S Chandler Ave, Denison, TX 75020
Purpose-built HEPA-filtered production with dock access, heavy power, and on-site apartments for controlled-environment operators.
Property size:
33,800 SFLot size:
0.66 AcresPrice / SF:
$124/SF- Added:
- Jun 19, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 3:50 am
Property Features for 308 S Chandler Ave
General Information
- Standard status
- Active
- Size
- 33,800 SF
- Lot size
- 0.66 Acres
Listing office (512) 844-4653
Listing date Jun 19, 2026
Source Expcommercial
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 Gayle Berkbigler, CCIM
HighLights
- 33,800 SF HEPA‑filtered, air‑conditioned production facility with HVAC throughout and air‑conditioned lab/processing areas
- Heavy power with 5 power transformers offering single‑phase 120‑240V, 3‑phase 120‑208V, and 3‑phase 480V service
- Climate‑control infrastructure includes 110 tons of refrigeration/cooling capacity, dual boiler room (gas and electric), and insulated panel walls/ceiling
- Dock access with 2 dock high doors plus 2 metal overhead doors and 5 metal exterior doors
- Expansion‑ready design: 10,000+ SF undeveloped second floor and 3,600 SF concrete flat roof engineered to support greenhouse or additional structure
- On‑site residential: two 2,600 SF apartments (4 bed/3 bath total) plus reconfigurable main‑floor space for studio conversion potential
Overview
This purpose-built controlled-environment production facility is engineered for indoor agriculture and includes HEPA-filtered, air-conditioned lab and processing areas supporting production and processing workflows. The building also offers fully HVAC’d 3,500 SF dry storage and insulated panel ceiling and walls designed to maintain peak summer temperatures up to 79°F. Steel I-beam reinforced ceilings and a dual boiler room with both gas and electric service support the site’s environmental infrastructure. Cooling is provided by 110 tons of refrigeration and cooling capacity throughout, along with a 3,600 SF concrete flat roof engineered to support greenhouse or additional structure.
The property includes two dock-high doors, two metal overhead doors, and five metal exterior doors for logistics flexibility. Electrical infrastructure is substantial, with five power transformers and service capability across single phase 120-240V, three-phase 120-208V, and three-phase 480V systems. The undeveloped 10,000+ SF second floor adds expansion opportunity for additional production, vertical farming, or an office conversion. A locked-in Texas energy contract at $0.069/kWh through April 2030 is included.
In addition to the production facility, there are two on-site apartments (2,600 SF each) on the second floor, for a total of four bedrooms and three bathrooms, with reconfigurable space that can support 3-4 units. The 800 SF main floor space includes plumbing and a high ceiling and is described as having studio conversion potential. The business is listed as available, and a lease can be in place if purchased as an investor.
The property includes two dock-high doors, two metal overhead doors, and five metal exterior doors for logistics flexibility. Electrical infrastructure is substantial, with five power transformers and service capability across single phase 120-240V, three-phase 120-208V, and three-phase 480V systems. The undeveloped 10,000+ SF second floor adds expansion opportunity for additional production, vertical farming, or an office conversion. A locked-in Texas energy contract at $0.069/kWh through April 2030 is included.
In addition to the production facility, there are two on-site apartments (2,600 SF each) on the second floor, for a total of four bedrooms and three bathrooms, with reconfigurable space that can support 3-4 units. The 800 SF main floor space includes plumbing and a high ceiling and is described as having studio conversion potential. The business is listed as available, and a lease can be in place if purchased as an investor.
Local Financial Insights For Multifamily LT 5
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 | $417.8k | $12.36 |
| − Vacancy | −$47.6k | −$1.41 |
| EGI | $370.1k | $10.95 |
| − OpEx | −$111.0k | −$3.29 |
| NOI | $259.1k | $7.67 |
33,800 SF · lease $12.36/SF/yr · vacancy 11.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$3.70M
$3.24M – $4.32M
NOI $259,100 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$3.28M
$2.87M – $3.83M
NOI $229,683 @ 7.0% cap · market cap 5.47%
Theoretical Best
Hotel Hospitality
$17.34M
$15.17M – $20.23M
NOI $1,213,758 @ 7.0% cap · market cap 28.90%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Texas Organic Mushrooms, ...
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.54882
- Latitude
- 33.753223
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - Purpose-built HEPA-filtered production with dock access, heavy power, and on-site apartments for controlled-environment operators.
Where is this manufacturing property located?
The property is located at 308 S Chandler Ave Denison, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 33,800 SF HEPA‑filtered, air‑conditioned production facility with HVAC throughout and air‑conditioned lab/processing areas; Heavy power with 5 power transformers offering single‑phase 120‑240V, 3‑phase 120‑208V, and 3‑phase 480V service; Climate‑control infrastructure includes 110 tons of refrigeration/cooling capacity, dual boiler room (gas and electric), and insulated panel walls/ceiling
