New Flex Space with Overhead
New
For Sale
$2,200,000
4000 Texoma Pkwy, Denison, TX 75020
Newly completed commercial building offers flexible warehouse-oriented space with straightforward entry and egress.
Property Size12,000 SF
Price / SF$183.33
Days on Market6
Property Features for 4000 Texoma Pkwy
General Information
Standard status
Active
Size
12,000 SF
Additional Details
Clear Height
24 ft
Building Details
Year Built
2024
Listing Agency:
OnDemand Realty
Listed By:
Rhonda Borgne · License #0560610
(512) 771-2684
Source:
Minteerteam
Added: Sep 14
Changed: Sep 18
Last Checked: Sep 18 at 9:59AM
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 OnDemand Realty
Investment Insights
Based on property information with market context.
This 12,000-square-foot flex space at 4000 Texoma Pkwy in Denison, Texas, was completed in 2024. The building supports flex and warehouse use with 24-foot ceilings and three 12-foot overhead doors. Its configuration provides direct entry and egress for commercial operations.
The property is positioned along Texoma Pkwy in Denison, offering access to a prominent commercial corridor. The building’s overhead-door configuration and clear-height profile provide practical utility for users needing functional loading access and adaptable interior space.
The property is positioned along Texoma Pkwy in Denison, offering access to a prominent commercial corridor. The building’s overhead-door configuration and clear-height profile provide practical utility for users needing functional loading access and adaptable interior space.
Key Highlights
- 12,000 square feet of flex space
- Completed in 2024
- 24 ft ceilings
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
$75,908
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
3.45%
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%
$1,518,160
$1.5M
Cap Rate 7%
$1,084,400
$1.1M
Cap Rate 9%
$843,422
$843.4K
Market Conditions
NOI Build-Up for 12,000 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
$97.9K $8.16/SF
− Vacancy
−$8.6K −$0.72/SF
EGI
$89.3K $7.44/SF
− OpEx
−$13.4K −$1.12/SF
NOI
$75.9K $6.33/SF
Area
Grayson County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
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%
$1,518,160
Cap Rate 7%
$1,084,400
Cap Rate 9%
$843,422
Alternative Uses
Best Use
Warehouse
$1.08M
$948.9K – $1.27M
NOI $75,908 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$893.0K
$781.4K – $1.04M
NOI $62,512 @ 7.0% cap · market cap 2.84%
Theoretical Best
Hotel Hospitality
$6.16M
$5.39M – $7.18M
NOI $430,920 @ 7.0% cap · market cap 19.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
24 ft
Clear height
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75020, TX
23,782
Population
10,802
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
390
Density / Sq Mi
$66,308
Median Household Income
$38,656
Median Earnings
$1,136
Median Rent
$187,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Newly completed commercial building offers flexible warehouse-oriented space with straightforward entry and egress.
Where is this flex space located?
The property is located at 4000 Texoma Pkwy Denison, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12,000 square feet of flex space; Completed in 2024; 24 ft ceilings
