Office Warehouse in
For Sale
$396,000
504 N Breckenridge Street, Ennis, TX 75119
Office warehouse with reception, conference area, and secured area.
Property Size2,400 SF
Price / SF$165
Days on Market100
Property Features for 504 N Breckenridge Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Building Details
Year Built
1989
Listing Agency:
Hi View Real Estate
(214) 949-9876
Listed By:
JL Smith · License #0689207
(214) 949-9876
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 29 at 12:13PM
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 Hi View Real Estate
Investment Insights
Based on property information with market context.
This office warehouse in Ennis features a reception area, a professional office, and a large conference, work, and kitchen area. It includes a covered secured area and roll-up doors leading to the warehouse area. The property is conveniently located near Interstate 45, Business 45, and the old downtown area, which is within walking distance. The property size is 2400 square feet.
Key Highlights
- Office warehouse in excellent condition
- Includes reception area, professional office, and large conference/work/kitchen area
- Features a covered, secured area
Financial Insights For Warehouse
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 | $21.6k | $9.00 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $19.6k | $8.18 |
| − OpEx | −$2.9k | −$1.23 |
| NOI | $16.7k | $6.95 |
2,400 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$573.5K
$501.8K – $669.1K
NOI $40,145 @ 7.0% cap · market cap 10.14%
Second Best
Warehouse
$238.4K
$208.6K – $278.2K
NOI $16,689 @ 7.0% cap · market cap 4.21%
Theoretical Best
Multifamily LT 5
$26.19M
$22.91M – $30.55M
NOI $1,833,157 @ 7.0% cap · market cap 462.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75119, TX
28,973
Population
11,738
Households
2.5
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
264.2 sq mi
ZIP Area
110
Density / Sq Mi
$76,983
Median Household Income
$41,861
Median Earnings
$1,230
Median Rent
$238,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Catered Delights LLC — 307 E Lampasas St, Ennis, TX 75119
Frequently Asked Questions
What type of property is this?
Flex space - Office warehouse with reception, conference area, and secured area.
Where is this flex space located?
The property is located at 504 N Breckenridge Street Ennis, TX.
What is the asking price?
The asking price for this property is $396,000.
What are key features of this property?
This property features: Office warehouse in excellent condition; Includes reception area, professional office, and large conference/work/kitchen area; Features a covered, secured area
