Three-Bay Flex
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 Market51
Property Features for 530 E US Highway 69
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Driveway, Gated, Covered, Garage, 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
Additional Details
Property Use
Flex Space
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
Buildings
1
Listing Agency:
Doug Hoover Real Estate
Listed By:
Sarah Garrett
(903) 821-5445
Added: Sep 9
Changed: Oct 27
Last Checked: Oct 29 at 2:06AM
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.
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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 / Yr
$14,233
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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
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Market
Vacancy Rate% for Industrial in South region
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
