Pilot Point Industrial
502 US-377 Pilot Point, TX 76258
502 US-377, Pilot Point, TX, 76258
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For Sale
Contact for pricing
8,400 SqFt industrial property for sale in Pilot Point.
Property Size8,400 SF
Price / SF$154.76
Days on Market151
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 Checked: Jul 17 at 4:06 am
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
FAQs
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
