505 E Royall Boulevard, Malakoff, TX 75148
Stand alone building on high traffic Hwy 31 in Malakoff.
- Added:
- Apr 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 22 at 5:25 pm
Property Features for 505 E Royall Boulevard
General Information
- Standard status
- Active
- Size
- 630 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agent Claudia Vinson
Listing office Avery Realty Group
Listing date Apr 22, 2026
Source Signaturere
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 Avery Realty Group
HighLights
- High‑traffic location on Hwy 31, ideal for retail or office.
- Stand‑alone building with good visibility and drive‑up appeal.
- Open office/retail space with storage and half bathroom.
- Easy access with front parking and circle driveway.
- HVAC system in place.
- Built in 2008.
Overview
Local Financial Insights For Retail
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 | $12.6k | $20.04 |
| − Vacancy | −$278 | −$0.44 |
| EGI | $12.3k | $19.60 |
| − OpEx | −$3.7k | −$5.88 |
| NOI | $8.6k | $13.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Malakoff
- County
- Henderson
- State
- Texas
- Longitude
- -96.008303
- Latitude
- 32.171792
