De Kalb Truck Stop
For Sale
Contact for pricing
4307 FM990, De Kalb, TX 75559
Truck stop with land for development in De Kalb, TX.
Property Size6,782 SF
Lot Size42.64 Acres
Price / SF$414.77
Days on Market2116
Property Features for 4307 FM990
General Information
Standard status
Active
Size
6,782 SF
Lot size
42.64 Acres
Property subtype
Land, Retail
Zoning
NZ
Listing Agency:
NAI American Realty
(903) 793-2666
Listed By:
Steven Harvey · License #TX 9015473
Source:
Crexi
Added: Oct 24, 2020
Changed: Aug 8
Last Checked: May 19 at 8:22PM
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 NAI American Realty
Investment Insights
Based on property information with market context.
Located in De Kalb, Texas, this property features an approximately 6,782 square foot truck stop and approximately 42.64 acres of land. The property is suitable for travel stops, hotels, or other development projects.
Key Highlights
- Approximately 42.64 acres of land included.
- Approximately 6,782 square foot truck stop on the property.
- Suitable for travel stops, hotels, or other development.
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
$112,570
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
4.00%
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%
$2,251,400
$2.3M
Cap Rate 7%
$1,608,143
$1.6M
Cap Rate 9%
$1,250,778
$1.3M
Market Conditions
NOI Build-Up for 6,782 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
$169.3K $24.96/SF
− Vacancy
−$8.5K −$1.25/SF
EGI
$160.8K $23.71/SF
− OpEx
−$48.2K −$7.11/SF
NOI
$112.6K $16.60/SF
Area
Bowie County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
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%
$2,251,400
Cap Rate 7%
$1,608,143
Cap Rate 9%
$1,250,778
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,570 @ 7.0% cap · market cap 4.00%
Second Best
Industrial
$498.9K
$436.6K – $582.1K
NOI $34,925 @ 7.0% cap · market cap 1.24%
Theoretical Best
Hotel Hospitality
$5.11M
$4.47M – $5.96M
NOI $357,581 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 75559, TX
5,472
Population
2,892
Households
1.9
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
292.4 sq mi
ZIP Area
19
Density / Sq Mi
$58,147
Median Household Income
$40,911
Median Earnings
$690
Median Rent
$128,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Truck stop - Truck stop with land for development in De Kalb, TX.
Where is this truck stop located?
The property is located at 4307 FM990 De Kalb, TX.
What is the asking price?
The asking price for this property is $2,813,000.
What are key features of this property?
This property features: Approximately 42.64 acres of land included.; Approximately 6,782 square foot truck stop on the property.; Suitable for travel stops, hotels, or other development.
