520 S Highway377, Pilot Point, TX 76258
Versatile office layout with wheelchair-accessible restroom and recent systems upgrades for straightforward move-in.
- Added:
- May 31, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 14 at 2:06 am
Property Features for 520 S Highway377
General Information
- Standard status
- Active
- Size
- 1,678 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agent Sankar Shanmugasundaram License #0752563
Listing office Beam Real Estate, LLC (972) 484-6644
Listing date May 31, 2026
Source Xome
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 Beam Real Estate, LLC
HighLights
- Versatile commercial building previously used as a doctor’s office, tax office, beauty salon, home health care facility, and child day care
- Interior includes one large private office and one expansive open room that can be partitioned into 3–4 additional offices
- Wheelchair‑accessible restroom
- Recent upgrades: new roof, new HVAC system, new hot water heater, new flooring, and fresh paint
- Central air with electric cooling; heating system noted as 3
Overview
The property is located at 520 S Highway 377 in Pilot Point, with easy access on and off Highway 377. The offering is positioned in a city described as rapidly growing, and the remarks note that Highway 377 is projected to expand to six lanes.
The existing configuration and improvements make this building practical for owner-operators or tenant groups looking for a ready-to-fit office environment with the ability to adjust internal rooming. The combination of move-in-ready updates, a mix of private and open workspace, and accessible restroom supports a broad set of professional uses.
Local Financial Insights For Office B
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 | $41.5k | $24.72 |
| − Vacancy | −$10.4k | −$6.18 |
| EGI | $31.1k | $18.54 |
| − OpEx | −$7.8k | −$4.64 |
| NOI | $23.3k | $13.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pilot Point
- County
- Denton
- State
- Texas
- Longitude
- -96.9385932
- Latitude
- 33.4166487
