Distribution Center For
For Sale
$3,000,000
4208 Longhorn Dr, Alvarado, TX 76009
Industrial distribution center offered for sale in Alvarado, Texas, suited to logistics and light industrial operations.
Property Size20,000 SF
Days on Market68
Property Features for 4208 Longhorn Dr
General Information
Standard status
Active
Size
20,000 SF
Class
A
Property subtype
Industrial - Warehouse/Distribution
Building Details
Building Size
20,000 SF
Year Built
2018
Units
1
Listing Agency:
Trinity Real Estate Investment Services
(480) 685-1343
Listed By:
Trevor Short · License #764786
Source:
Commercialcafe
Added: Jun 23
Changed: Aug 8
Last Checked: Aug 29 at 6:10AM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
This offering is an industrial distribution center property listed for sale. The asset is categorized as distribution centers and industrial properties, providing a straightforward fit for companies seeking warehouse and distribution space for operational needs.
Located at 4208 Longhorn Dr in Alvarado, Texas, the property benefits from a dedicated site for industrial use. While specific details such as building size, dock configuration, office build-out, and clear height are not provided here, the distribution-oriented designation indicates a layout intended to support storage and movement of goods.
For buyers evaluating industrial space, this property can be considered as a distribution-focused option within the industrial real estate category. Any tenant or purchaser should verify functional specifics during diligence, including available loading features, building condition, and how the improvements can support day-to-day receiving, storage, and outbound logistics. With the sale price set at $3,000,000, prospective buyers can evaluate alignment with their operational requirements and underwriting assumptions based on confirmed physical and functional attributes.
Located at 4208 Longhorn Dr in Alvarado, Texas, the property benefits from a dedicated site for industrial use. While specific details such as building size, dock configuration, office build-out, and clear height are not provided here, the distribution-oriented designation indicates a layout intended to support storage and movement of goods.
For buyers evaluating industrial space, this property can be considered as a distribution-focused option within the industrial real estate category. Any tenant or purchaser should verify functional specifics during diligence, including available loading features, building condition, and how the improvements can support day-to-day receiving, storage, and outbound logistics. With the sale price set at $3,000,000, prospective buyers can evaluate alignment with their operational requirements and underwriting assumptions based on confirmed physical and functional attributes.
Key Highlights
- Industrial distribution center for sale in Alvarado, Texas
- Built in 2018
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
$139,077
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
4.64%
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%
$2,781,540
$2.8M
Cap Rate 7%
$1,986,814
$2.0M
Cap Rate 9%
$1,545,300
$1.5M
Market Conditions
NOI Build-Up for 20,000 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
$180.0K $9.00/SF
− Vacancy
−$16.4K −$0.82/SF
EGI
$163.6K $8.18/SF
− OpEx
−$24.5K −$1.23/SF
NOI
$139.1K $6.95/SF
Area
Johnson County, TX
Vacancy
9.10%
Lease Rate
$9.00 /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%
$2,781,540
Cap Rate 7%
$1,986,814
Cap Rate 9%
$1,545,300
Alternative Uses
Best Use
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,077 @ 7.0% cap · market cap 4.64%
Second Best
Industrial
$1.48M
$1.29M – $1.72M
NOI $103,335 @ 7.0% cap · market cap 3.44%
Theoretical Best
Multifamily LT 5
$239.73M
$209.77M – $279.69M
NOI $16,781,310 @ 7.0% cap · market cap 559.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 76009, TX
23,376
Population
7,648
Households
3.1
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
98.0 sq mi
ZIP Area
239
Density / Sq Mi
$73,696
Median Household Income
$38,841
Median Earnings
$1,202
Median Rent
$211,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Industrial distribution center offered for sale in Alvarado, Texas, suited to logistics and light industrial operations.
Where is this distribution center located?
The property is located at 4208 Longhorn Dr Alvarado, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Industrial distribution center for sale in Alvarado, Texas; Built in 2018
