Industrial Building with Grade-Level
For Sale
Contact for pricing
4618 ED RUTHERFORD RD, Greenville, TX 75402
Industrial building featuring 24' clear height, 1,861 SF office, and two 16' grade-level doors.
Property Size6,212 SF
Lot Size1.93 Acres
Price / SF$160.98
Days on Market111
Property Features for 4618 ED RUTHERFORD RD
General Information
Standard status
Active
Size
6,212 SF
Lot size
1.93 Acres
Property subtype
Industrial
Lease Type
Gross
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1990
Year Renovated
2025
Units
1
Listing Agency:
Lee & Associates - Dallas/Fort Worth
Listed By:
Nathan Denton · License #TX 475649
(214) 229-0611
Source:
Crexi
Added: Jun 4
Changed: Sep 7
Last Checked: Sep 22 at 3:50PM
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 Lee & Associates - Dallas/Fort Worth
Investment Insights
Based on property information with market context.
This for-sale industrial building totals 6,214 SF and includes an attached 1,861 SF office. Built in 1990 with steel panel construction, the warehouse offers approximately 24’ clear height and is served by two 16’ grade-level doors. Power includes 408–3 phase service. For on-site operations, the warehouse includes an industrial sink, and the exterior includes a wash bay with floor drains. Outside, the property provides fenced storage on a gravel lot.
Located in the Hunt County submarket at 4618 ED RUTHERFORD RD in Greenville, TX, the property sits on 1.927 acres.
The layout is suited to tenants that need warehouse space alongside dedicated office area, with straightforward truck access through two grade-level doors and room to support day-to-day workflows using the sink and exterior wash bay. The fenced, gravel outside storage can help support equipment or inventory staging, while the provided 3-phase power supports a wide range of industrial power requirements. This configuration can also appeal to buyers looking for an owner-operator setup where office and industrial operations are on the same site.
Located in the Hunt County submarket at 4618 ED RUTHERFORD RD in Greenville, TX, the property sits on 1.927 acres.
The layout is suited to tenants that need warehouse space alongside dedicated office area, with straightforward truck access through two grade-level doors and room to support day-to-day workflows using the sink and exterior wash bay. The fenced, gravel outside storage can help support equipment or inventory staging, while the provided 3-phase power supports a wide range of industrial power requirements. This configuration can also appeal to buyers looking for an owner-operator setup where office and industrial operations are on the same site.
Key Highlights
- 6,214 SF industrial building with 1,861 SF office and steel panel construction
- 24' clear height and two 16' grade‑level doors for easy loading and storage
- 408—3 phase power available, plus an industrial sink in the warehouse
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
$43,197
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
4.32%
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%
$863,940
$863.9K
Cap Rate 7%
$617,100
$617.1K
Cap Rate 9%
$479,967
$480.0K
Market Conditions
NOI Build-Up for 6,212 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
$55.9K $9.00/SF
− Vacancy
−$5.1K −$0.82/SF
EGI
$50.8K $8.18/SF
− OpEx
−$7.6K −$1.23/SF
NOI
$43.2K $6.95/SF
Area
Hunt 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%
$863,940
Cap Rate 7%
$617,100
Cap Rate 9%
$479,967
Alternative Uses
Best Use
Warehouse
$617.1K
$540.0K – $720.0K
NOI $43,197 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$6.17M
$5.40M – $7.20M
NOI $432,084 @ 7.0% cap · market cap 43.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
24 ft
Clear height
2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75402, TX
18,983
Population
8,024
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
90.8 sq mi
ZIP Area
209
Density / Sq Mi
$77,602
Median Household Income
$46,076
Median Earnings
$1,414
Median Rent
$252,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- AAA Industrial Park Self Storage — 6015 Industrial Dr, Greenville, TX 75402
- Frosty Cold Storage — 5780 industrial dr, greenville, tx 75402
- Frez-N-Stor Greenville — 5500 Industrial Dr, Greenville, TX 75401
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building featuring 24' clear height, 1,861 SF office, and two 16' grade-level doors.
Where is this warehouse located?
The property is located at 4618 ED RUTHERFORD RD Greenville, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6,214 SF industrial building with 1,861 SF office and steel panel construction; 24' clear height and two 16' grade‑level doors for easy loading and storage; 408—3 phase power available, plus an industrial sink in the warehouse
