Warehouse with Remodeled
For Sale
Contact for pricing
3922 US-80, Terrell, TX 75160
1,860 SF warehouse with parking and remodeled interior.
Property Size1,860 SF
Price / SF$249
Days on Market309
Property Features for 3922 US-80
General Information
Standard status
Active
Size
1,860 SF
Total Parking Spaces
30
Property subtype
Mixed Use, Retail
Occupancy
100%
Lease Type
Gross
Investment Type
Owner/User
Net Operating Income
$46,125
Building Details
Tenancy
Single
Listing Agency:
White Dove Capital
Listed By:
Ahmad Mohammad · License #TX
Source:
Crexi
Added: Oct 18, 2025
Changed: Aug 8
Last Checked: Aug 21 at 8:07PM
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 White Dove Capital
Investment Insights
Based on property information with market context.
The property is an 1,860 square foot warehouse featuring a two-bay shop, four private offices, a reception area, and a kitchenette. The interior and exterior were remodeled in 2022. Parking is available for up to 30 cars. The property is suitable for a vehicle repair shop, powersports dealer, auto dealer, or service retailer. The property is currently occupied by a tenant with a lease ending on February 28th, 2028.
Key Highlights
- Remodeled Interior/Exterior in 2022
- 1,860 SF Warehouse with 2‑bay shop
- Parking for up to 30 cars
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,036
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$620,720
$620.7K
Cap Rate 7%
$443,371
$443.4K
Cap Rate 9%
$344,844
$344.8K
Market Conditions
NOI Build-Up for 1,860 SF
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.
Gross rent
$46.4K $24.96/SF
− Vacancy
−$2.1K −$1.12/SF
EGI
$44.3K $23.84/SF
− OpEx
−$13.3K −$7.15/SF
NOI
$31.0K $16.69/SF
Area
Kaufman County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$620,720
Cap Rate 7%
$443,371
Cap Rate 9%
$344,844
Alternative Uses
Best Use
Retail
$443.4K
$388.0K – $517.3K
NOI $31,036 @ 7.0% cap · market cap 6.67%
Second Best
Warehouse
$184.8K
$161.7K – $215.6K
NOI $12,934 @ 7.0% cap · market cap 2.78%
Theoretical Best
Multifamily LT 5
$23.41M
$20.48M – $27.31M
NOI $1,638,626 @ 7.0% cap · market cap 352.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- RightSpace Self Storage — 3800 US-80, Terrell, TX 75160
Frequently Asked Questions
What type of property is this?
Warehouse - 1,860 SF warehouse with parking and remodeled interior.
Where is this warehouse located?
The property is located at 3922 US-80 Terrell, TX.
What is the asking price?
The asking price for this property is $464,998.
What are key features of this property?
This property features: Remodeled Interior/Exterior in 2022; 1,860 SF Warehouse with 2‑bay shop; Parking for up to 30 cars
