Three-Bay Flex
New
For Sale
$239,000
530 E US Highway 69, Denison, TX 75021
CommercialSale, Denison, TX
Property Size2,250 SF
Lot Size0.69 Acres
Price / SF$106.22
Days on Market5
Property Features for 530 E US Highway 69
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Covered, Driveway, Garage, Gated, Oversize
Subdivision
MOFFIT BEN
Directions
Please use GPS for best route for you
Standard status
Active
APN
149582
Size
2,250 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Description
G-0803 MOFFITT BEN A-G0803, ACRES 0.69
Tax Annual Amount
2030
Legal Description
G-0803 MOFFITT BEN A-G0803, ACRES 0.69
Utilities
Sewer type
Septic Tank
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Number of units
4
Flooring type
Concrete, Vinyl
Building materials
WoodSiding
Roof type
Metal
Listing Agency:
Doug Hoover Real Estate
(903) 821-5445
Listed By:
Sarah Garrett · License #0651916
(903) 327-6540
Added: Sep 9
Changed: Sep 13
Last Checked: Sep 13 at 12:06PM
MLS# 21380360
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.
This 2,250-square-foot flex property was built in 1978 and provides three separate bays alongside an office area. The layout includes a bathroom in the office, a shower in the first bay, and plumbing in the third bay. Multiple overhead freight-style doors support vehicle, equipment, inventory, and delivery access. Concrete and vinyl flooring, a metal roof, window-unit cooling, and ceiling fans are also in place.
The property sits on 0.69 acres at 530 E US Highway 69 in Denison, Texas. It is mostly fenced and includes a double-wide gate, gated parking, a covered area, an oversized garage, and a driveway. Public water and septic service serve the property. Potential live/work use is subject to applicable zoning, permitting, and local regulations.
The property sits on 0.69 acres at 530 E US Highway 69 in Denison, Texas. It is mostly fenced and includes a double-wide gate, gated parking, a covered area, an oversized garage, and a driveway. Public water and septic service serve the property. Potential live/work use is subject to applicable zoning, permitting, and local regulations.
Key Highlights
- 2,250‑square‑foot commercial flex building on 0.69 acres
- Three separate bays plus an office area
- Multiple overhead freight‑style doors
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
$14,233
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
5.96%
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%
$284,660
$284.7K
Cap Rate 7%
$203,329
$203.3K
Cap Rate 9%
$158,144
$158.1K
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
−$2.5K −$1.12/SF
NOI
$14.2K $6.33/SF
Area
Grayson County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
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%
$284,660
Cap Rate 7%
$203,329
Cap Rate 9%
$158,144
Alternative Uses
Best Use
Warehouse
$203.3K
$177.9K – $237.2K
NOI $14,233 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$167.4K
$146.5K – $195.4K
NOI $11,721 @ 7.0% cap · market cap 4.90%
Theoretical Best
Hotel Hospitality
$1.15M
$1.01M – $1.35M
NOI $80,798 @ 7.0% cap · market cap 33.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
168
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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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 - Fenced commercial building with separate work bays, office space, overhead doors, and utility features for flexible 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 $239,000.
What are key features of this property?
This property features: 2,250‑square‑foot commercial flex building on 0.69 acres; Three separate bays plus an office area; Multiple overhead freight‑style doors
