Gas Station and Convenience
For Sale
$809,000
407 W Ennis Avenue, Ennis, TX 75119
CommercialSale, Ennis, TX
Property Size5,625 SF
Lot Size0.46 Acres
Price / SF$143.82
Days on Market46
Property Features for 407 W Ennis Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
DOWNTOWN APPROACH 1
Parking features
Assigned
Subdivision
O T Ennis
Directions
see gps
Standard status
Active
APN
158432
Lot size
0.46 Acres
Taxes and HOA fees
Tax Description
LOT 11-17 BLK 154 O T ENNIS .462 AC
Tax Annual Amount
22532
Legal Description
LOT 11-17 BLK 154 O T ENNIS .462 AC
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
commercial kitchen
walk-in refrigeration
office spaces
restrooms
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Composition
Listing Agency:
OmniMain Realty
Listed By:
Danie LaRue
(469) 559-9804
Added: Sep 7
Changed: Oct 2
Last Checked: Oct 22 at 6:06PM
MLS# 21375582
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This vacant gas station and convenience property includes a 5,625 SF commercial building on approximately 0.462 acres. The improvements include a commercial kitchen, walk-in refrigeration, multiple office areas, and 4 restrooms, along with existing gas-related infrastructure. Brick construction, concrete flooring, central heating, central air, public water, and public sewer are in place. The property was built in 1960 and is offered AS-IS.
Recent work includes completed roof repairs, updated electrical panels, and replacement of two 5 ton AC Units. The property is located at 407 W Ennis Avenue in Ennis, Texas, with assigned parking. Buyers should independently verify the condition and operation of fuel-related equipment, utilities, zoning, permitted uses, environmental matters, and other property information with the appropriate authorities.
Recent work includes completed roof repairs, updated electrical panels, and replacement of two 5 ton AC Units. The property is located at 407 W Ennis Avenue in Ennis, Texas, with assigned parking. Buyers should independently verify the condition and operation of fuel-related equipment, utilities, zoning, permitted uses, environmental matters, and other property information with the appropriate authorities.
Key Highlights
- 5,625 SF commercial building on approximately 0.462 acres
- Existing gas‑related infrastructure at a vacant commercial property
- Commercial kitchen and walk‑in refrigeration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,159
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,180
$583.2K
Cap Rate 7%
$416,557
$416.6K
Cap Rate 9%
$323,989
$324.0K
Market Conditions
NOI Build-Up for 5,625 SF
Gross rent
$45.7K $8.12/SF
− Vacancy
−$4.0K −$0.71/SF
EGI
$41.7K $7.41/SF
− OpEx
−$12.5K −$2.22/SF
NOI
$29.2K $5.18/SF
Area
Ellis County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,180
Cap Rate 7%
$416,557
Cap Rate 9%
$323,989
Alternative Uses
Best Use
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,562 @ 7.0% cap · market cap 12.43%
Second Best
Retail
$1.33M
$1.17M – $1.56M
NOI $93,366 @ 7.0% cap · market cap 11.54%
Theoretical Best
Multifamily LT 5
$61.38M
$53.71M – $71.61M
NOI $4,296,461 @ 7.0% cap · market cap 531.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Dining 32%
Shops & Services 28%
Home Improvements & Furnishings 3%
H-E-B
Groceries
37,504 visits/mo
0.3 miles
H-E-B Fuel
Shops & Services
15,206 visits/mo
0.2 miles
SONIC Drive In
Dining
9,695 visits/mo
0.4 miles
Burger King
Dining
8,098 visits/mo
0.4 miles
Dollar General
Shops & Services
6,652 visits/mo
0.1 miles
Demographics for 75119, TX
28,973
Population
11,738
Households
2.5
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
264.2 sq mi
ZIP Area
110
Density / Sq Mi
$76,983
Median Household Income
$41,861
Median Earnings
$1,230
Median Rent
$238,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Vacant commercial site with restaurant infrastructure, refrigeration, offices, and fuel-related improvements.
Where is this gas station located?
The property is located at 407 W Ennis Avenue Ennis, TX.
What is the asking price?
The asking price for this property is $809,000.
What are key features of this property?
This property features: 5,625 SF commercial building on approximately 0.462 acres; Existing gas‑related infrastructure at a vacant commercial property; Commercial kitchen and walk‑in refrigeration
