Three-Bay Flex
New
For Sale
$209,000
530 E Us Highway 69, Denison, TX 75021
The property combines a remodeled office, service bays, and secured exterior space for commercial operations.
Property Size2,250 SF
Lot Size0.60 Acres
Days on Market3
Property Features for 530 E Us Highway 69
General Information
Standard status
Active
Size
2,250 SF
Lot size
0.60 Acres
Property subtype
Commercial
Zoning
COMMERCIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Office Build-Out
450 SF
Drive-In Doors
3
Additional Details
Service Bays
3
Building Details
Building Size
2,250 SF
Year Built
1978
Stories
1
Units
1
Abandoned
No
Listing Agency:
Real Broker, LLC
(903) 818-5744
Listed By:
Evan Martin · License #0624403
(903) 818-5744
Source:
Fullhouserealtytx
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 10 at 2:33AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
Built in 1978, this flex property occupies 0.6 acres and includes three 20-by-30-foot bays. Each bay is served by a 10-by-7-foot manual sectional roll-up door, while the third bay also has plumbing. A remodeled 15-by-30-foot office includes a private bathroom, adding dedicated administrative space to the functional layout.
The property is positioned along Hwy 69 in Denison and carries COMMERCIAL zoning. Site improvements include a fenced exterior area for vehicles, equipment, or trailers. A 1,000-gallon septic system with approximately 400 feet of lateral lines was installed within the last five years. The combination of bay configuration, office improvements, plumbing, and secured outdoor space accommodates a range of commercial operations, including mechanical, fabrication, contracting, and small manufacturing uses.
The property is positioned along Hwy 69 in Denison and carries COMMERCIAL zoning. Site improvements include a fenced exterior area for vehicles, equipment, or trailers. A 1,000-gallon septic system with approximately 400 feet of lateral lines was installed within the last five years. The combination of bay configuration, office improvements, plumbing, and secured outdoor space accommodates a range of commercial operations, including mechanical, fabrication, contracting, and small manufacturing uses.
Key Highlights
- 0.6‑acre flex property along Hwy 69 in Denison
- Three 20x30 bays with 10x7 manual sectional roll‑up doors
- Remodeled 15x30 office with a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,721
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$234,420
$234.4K
Cap Rate 7%
$167,443
$167.4K
Cap Rate 9%
$130,233
$130.2K
Market Conditions
NOI Build-Up for 2,250 SF
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.
Gross rent
$18.4K $8.16/SF
− Vacancy
−$1.6K −$0.72/SF
EGI
$16.7K $7.44/SF
− OpEx
−$5.0K −$2.23/SF
NOI
$11.7K $5.21/SF
Area
Grayson County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$234,420
Cap Rate 7%
$167,443
Cap Rate 9%
$130,233
Alternative Uses
Best Use
Office B
$537.7K
$470.5K – $627.3K
NOI $37,636 @ 7.0% cap · market cap 18.01%
Second Best
Retail
$533.5K
$466.8K – $622.4K
NOI $37,346 @ 7.0% cap · market cap 17.87%
Theoretical Best
Hotel Hospitality
$1.15M
$1.01M – $1.35M
NOI $80,798 @ 7.0% cap · market cap 38.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
3
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75021, TX
8,288
Population
3,871
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
58.4 sq mi
ZIP Area
142
Density / Sq Mi
$67,159
Median Household Income
$36,955
Median Earnings
$900
Median Rent
$188,600
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
- Knife And Whisk — 130 W Acheson St, Denison, TX 75020
Frequently Asked Questions
What type of property is this?
Flex space - The property combines a remodeled office, service bays, and secured exterior space for commercial operations.
Where is this flex space located?
The property is located at 530 E Us Highway 69 Denison, TX.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 0.6‑acre flex property along Hwy 69 in Denison; Three 20x30 bays with 10x7 manual sectional roll‑up doors; Remodeled 15x30 office with a private bathroom
