Clear-Span Warehouse and
509 Clark Street Italy, TX 76651
509 Clark Street, Italy, TX, 76651
$1,200,000
For Sale
$1,200,000
COMMERCIAL - Italy, TX
Property Size16,200 SF
Lot Size1.44 Acres
Price / SF$74.07
Days on Market163
Property Features for 509 Clark Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Assigned
- Standard status
- Active
- APN
- 164235
- Size
- 16,200 SF
- Lot size
- 1.44 Acres
Taxes and HOA fees
- Tax Description
- 1-4 512 16 O T ITALY E D HARRISON 1.437 ACRES
- Tax Annual Amount
- 3671
Utilities
- Sewer type
- Public Sewer
- Cooling system
- ENERGY STAR Qualified Equipment
- Water source
- Public
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- MetalSiding, Concrete
- Roof type
- Metal
Listing Agency
Powerstar Realty
(855) 659-3400
Keller, TX
Listed by
Carl Wright · License #0825033
(800) 952-8988
Added: Feb 5 Checked: Jul 18 at 1:06 pm
MLS# 21094587
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A 14,000 SF clear-span warehouse anchors the site, complemented by a 2,200 SF standalone office building. The warehouse is designed with 10-ft centers and reinforced sidewalls, and the exterior siding has been recently updated. Additional operational features include multiple grain bins, an accessory storage building, and several overhead winch systems, supporting industrial, storage, or specialized use needs.
The property is located in Italy, TX and includes a lot size of over an acre, allowing room for on-site storage and related operational activity. Access is provided via 509 Clark Street, with the improvements set on a single parcel.
This configuration is well-suited for tenants or owners seeking a versatile industrial platform—especially those who value column-free warehouse space, supplemental storage options, and internal overhead lifting or winching capability. The inclusion of a dedicated office also supports organizations that need practical on-site administration alongside warehousing or production-adjacent operations.
The property is located in Italy, TX and includes a lot size of over an acre, allowing room for on-site storage and related operational activity. Access is provided via 509 Clark Street, with the improvements set on a single parcel.
This configuration is well-suited for tenants or owners seeking a versatile industrial platform—especially those who value column-free warehouse space, supplemental storage options, and internal overhead lifting or winching capability. The inclusion of a dedicated office also supports organizations that need practical on-site administration alongside warehousing or production-adjacent operations.
Key Highlights
- 14,000 SF clear‑span warehouse on over 1 acre
- 2,200 SF standalone office building
- Warehouse built on 10‑ft centers with reinforced sidewalls
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 | $131.5k | $8.12 |
| − Vacancy | −$11.6k | −$0.71 |
| EGI | $120.0k | $7.41 |
| − OpEx | −$36.0k | −$2.22 |
| NOI | $84.0k | $5.18 |
16,200 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.87M
$3.39M – $4.52M
NOI $270,978 @ 7.0% cap · market cap 22.58%
Second Best
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,652 @ 7.0% cap · market cap 9.39%
Theoretical Best
Multifamily LT 5
$176.77M
$154.67M – $206.23M
NOI $12,373,809 @ 7.0% cap · market cap 1,031.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- OMG Smoke Em If You Got Em BBQ LLC — 601 Waco St, Italy, TX 76651
FAQs
What type of property is this?
Flex space - Clear-span warehouse plus standalone office offers flexible options for storage and specialized industrial operations.
Where is this flex space located?
The property is located at 509 Clark Street Italy, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 14,000 SF clear‑span warehouse on over 1 acre; 2,200 SF standalone office building; Warehouse built on 10‑ft centers with reinforced sidewalls
