New Flex Space with Overhead
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 Market51
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
(405) 833-2338
Source:
Minteerteam
Added: Sep 14
Changed: Oct 25
Last Checked: Oct 7 at 5:37PM
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
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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 / Yr
$75,908
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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
