Flex Space with Insulated Shop
For Sale
Contact for pricing
4109 Parkdale Lane, Denison, TX 75020
Office and showroom space plus an insulated shop with high ceilings, concrete floors, bright lighting, and two overhead doors.
Property Size3,780 SF
Price / SF$0.79
Days on Market98
Property Features for 4109 Parkdale Lane
General Information
Standard status
Active
Size
3,780 SF
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
2
Building Details
Year Built
1998
Listing Agency:
DHS Realty
(972) 979-8413
Listed By:
Krista Landon · License #0788947
(903) 718-2937
Source:
Lonestarluxuryrealty
Added: Jul 24
Changed: Oct 29
Last Checked: Oct 28 at 7:57AM
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 DHS Realty
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Investment Insights
Based on property information with market context.
This versatile flex space offers approximately 3,780 square feet of office, showroom, and shop area. The finished interior includes a large open office or showroom with clean flooring, bright lighting, and windows that support workstations, displays, training, or customer-facing operations. A separate insulated shop area features high ceilings, concrete floors, and excellent lighting, along with two large overhead doors for convenient vehicle, equipment, or delivery access.
Located just one block from busy Morton Street and outside city limits, the property includes a front loading dock, a restroom with shower, and multiple entry points. Additional outdoor amenities include a fenced yard with room for equipment, materials, parking, or outdoor storage. The owners may consider reasonable accommodations or improvements to better suit business needs, subject to terms and approval.
Located just one block from busy Morton Street and outside city limits, the property includes a front loading dock, a restroom with shower, and multiple entry points. Additional outdoor amenities include a fenced yard with room for equipment, materials, parking, or outdoor storage. The owners may consider reasonable accommodations or improvements to better suit business needs, subject to terms and approval.
Key Highlights
- Approximately 3,780 SF office, showroom, and shop space in a building built in 1998
- Large open office/showroom area with clean flooring, bright lighting, windows, and room for workstations or displays
- Insulated shop area with high ceilings, concrete floors, excellent lighting, and two large overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,075
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,500
$361.5K
Cap Rate 7%
$258,214
$258.2K
Cap Rate 9%
$200,833
$200.8K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$30.4K $8.04/SF
− Vacancy
−$2.6K −$0.68/SF
EGI
$27.8K $7.36/SF
− OpEx
−$9.7K −$2.57/SF
NOI
$18.1K $4.78/SF
Area
Grayson County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,500
Cap Rate 7%
$258,214
Cap Rate 9%
$200,833
Alternative Uses
Best Use
Warehouse
$341.6K
$298.9K – $398.5K
NOI $23,911 @ 7.0% cap · market cap 797.03%
Second Best
Industrial
$281.3K
$246.1K – $328.2K
NOI $19,691 @ 7.0% cap · market cap 656.37%
Theoretical Best
Hotel Hospitality
$1.94M
$1.70M – $2.26M
NOI $135,740 @ 7.0% cap · market cap 4,524.67%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Balanced
Demand for This Use
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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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and showroom space plus an insulated shop with high ceilings, concrete floors, bright lighting, and two overhead doors.
Where is this flex space located?
The property is located at 4109 Parkdale Lane Denison, TX.
What are key features of this property?
This property features: Approximately 3,780 SF office, showroom, and shop space in a building built in 1998; Large open office/showroom area with clean flooring, bright lighting, windows, and room for workstations or displays; Insulated shop area with high ceilings, concrete floors, excellent lighting, and two large overhead doors
