Renovated Warehouse in Denison,
For Sale
Contact for pricing
400 W Coffin St, Denison, TX
Renovated warehouse with office space, grade level and dock loading.
Property Size5,000 SF
Lot Size4.81 Acres
Price / SF$75
Days on Market432
Property Features for 400 W Coffin St
General Information
Standard status
Active
Size
5,000 SF
Lot size
4.81 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Preston Bend Real Estate
(972) 413-0375
Listed By:
Randy Jay · License #0611516
(972) 413-0375
Source:
Moodyscre
Added: May 30, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:05AM
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 Preston Bend Real Estate
Investment Insights
Based on property information with market context.
This renovated industrial building in Denison, Texas, is suitable for businesses needing both warehouse and office space. The property features both grade-level and dock-well loading capabilities. The warehouse area offers an 18-foot clear ceiling height. The renovated office space is designed to accommodate various professional uses. The building has been renovated inside and out.
Key Highlights
- Renovated inside and out
- Renovated warehouse and office space suitable for various businesses
- 18’ clear ceiling height in warehouse
Financial Insights For Warehouse
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 | $40.8k | $8.16 |
| − Vacancy | −$3.6k | −$0.72 |
| EGI | $37.2k | $7.44 |
| − OpEx | −$5.6k | −$1.12 |
| NOI | $31.6k | $6.33 |
5,000 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$451.8K
$395.4K – $527.1K
NOI $31,628 @ 7.0% cap · market cap 8.43%
Second Best
Industrial
$372.1K
$325.6K – $434.1K
NOI $26,047 @ 7.0% cap · market cap 6.95%
Theoretical Best
Hotel Hospitality
$2.56M
$2.24M – $2.99M
NOI $179,550 @ 7.0% cap · market cap 47.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Denison
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A-Alpha Self Storage — 401 W Coffin St # 431, Denison, TX 75020
- AAA Storage — 1725 S Armstrong Ave, Denison, TX 75020
Frequently Asked Questions
What type of property is this?
Warehouse - Renovated warehouse with office space, grade level and dock loading.
Where is this warehouse located?
The property is located at 400 W Coffin St Denison, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Renovated inside and out; Renovated warehouse and office space suitable for various businesses; 18’ clear ceiling height in warehouse
