Pilot Point Industrial
For Sale
Contact for pricing
502 US-377, Pilot Point, TX 76258
8,400 SqFt industrial property for sale in Pilot Point.
Property Size8,400 SF
Price / SF$154.76
Days on Market169
Property Features for 502 US-377
General Information
Standard status
Active
Size
8,400 SF
Property subtype
Industrial
Building Details
Year Built
2005
Listing Agency:
Matthews
(214) 295-2790
Listed By:
Brady Beasley · License #827107
Source:
Crexi
Added: Feb 16
Changed: Jul 6
Last Checked: Aug 2 at 7:21AM
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 Matthews
Investment Insights
Based on property information with market context.
This industrial property, located in Pilot Point, Texas, offers 8,400 square feet of space and is available for sale.
Key Highlights
- Industrial Property
- 8,400 SqFt
- Built in 2005
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.5k | $8.04 |
| − Vacancy | −$5.9k | −$0.71 |
| EGI | $61.6k | $7.33 |
| − OpEx | −$18.5k | −$2.20 |
| NOI | $43.1k | $5.13 |
8,400 SF · lease $8.04/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$615.9K
$538.9K – $718.6K
NOI $43,115 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$117.47M
$102.79M – $137.05M
NOI $8,222,842 @ 7.0% cap · market cap 632.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 76258, TX
7,409
Population
3,079
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
82%
High-School Grad
90.3 sq mi
ZIP Area
82
Density / Sq Mi
$93,661
Median Household Income
$51,382
Median Earnings
$1,224
Median Rent
$320,200
Median Home Value
Market
Properties on Market for Industrial properties in Pilot Point
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 8,400 SqFt industrial property for sale in Pilot Point.
Where is this industrial property located?
The property is located at 502 US-377 Pilot Point, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Industrial Property; 8,400 SqFt; Built in 2005
