Retail Building with Road
3217 Denton Highway Haltom City, TX 76117
New
3217 Denton Highway, Haltom City, TX, 76117
$399,000
For Sale
$399,000
Existing office and used furniture store building with strong road frontage; property requires rehab or tear-down.
Property Size1,481 SF
Price / SF$269.41
Days on Market3
Property Features for 3217 Denton Highway
General Information
- Standard status
- Active
- Size
- 1,481 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing agency
Jeff Brown Realty Group
(817) 300-5022
Listed by
Kiz Stevenson
(817) 300-5022
Source
Signaturere
Added: Jul 20 Updated: Jul 21 at 8:03PM Checked: Jul 21 at 8:03PM
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 Jeff Brown Realty Group
Investment Insights
Based on property information with market context.
This property is an older building that has previously been used as a business office and a used furniture store. The existing improvements will require rehab or a complete tear-down to support a new business plan.
The site offers road frontage along Denton Highway, with visibility to passing traffic described as approximately 24,000 to 35,000 cars per day.
For buyers seeking a redevelopment, the current building provides a usable starting point, while the condition supports flexible options depending on project scope.
The site offers road frontage along Denton Highway, with visibility to passing traffic described as approximately 24,000 to 35,000 cars per day.
For buyers seeking a redevelopment, the current building provides a usable starting point, while the condition supports flexible options depending on project scope.
Key Highlights
- Year built 1967 commercial building previously used as a business office and used furniture store
- Strong road frontage with 24,000 to 35,000 cars per day passing by
- Existing building needs rehab or tear down
Local Financial Insights For Office B
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 | $45.5k | $30.72 |
| − Vacancy | −$11.4k | −$7.68 |
| EGI | $34.1k | $23.04 |
| − OpEx | −$8.5k | −$5.76 |
| NOI | $25.6k | $17.28 |
1,481 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$365.6K
$319.9K – $426.5K
NOI $25,592 @ 7.0% cap · market cap 6.41%
Second Best
Retail
$351.2K
$307.3K – $409.7K
NOI $24,582 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$521.0K
$455.9K – $607.8K
NOI $36,468 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Existing office and used furniture store building with strong road frontage; property requires rehab or tear-down.
Where is this office units located?
The property is located at 3217 Denton Highway Haltom City, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Year built 1967 commercial building previously used as a business office and used furniture store; Strong road frontage with 24,000 to 35,000 cars per day passing by; Existing building needs rehab or tear down
