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    5597 TBD Fm 182 Parkway, Quitman, TX 75783

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    New
    For Lease
    $1,200/Mo $8 SF/Yr (calc)

    COMMERCIAL - Quitman, TX

    Property size:
    1,800 SF
    Lot size:
    0.42 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 1:06 am

    Property Features for 5597 TBD Fm 182 Parkway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Covered, Gated, Garage, Valet
    Security features
    Security
    Standard status
    Active
    APN
    R53125
    Size
    1,800 SF
    Lot size
    0.42 Acres

    Taxes and HOA fees

    Tax Description
    ABS 0411; MATTHEWS G F; TRACT 3; 0.419 ACRES

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2023
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Renee Zhang
    Renee Zhang

    Listing agent Renee Zhang License #0494776

    Listing office Citiwide Alliance Realty Dallas, TX

    Listing date Jun 1, 2026

    MLS# 21275966

    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.

    HighLights

    • Move‑in ready 40' x 45' steel storage building with approx. 1,800 SF
    • Secure, gated parking/storage setup with covered parking and garage access
    • High‑clearance ceilings for RV, boat, and oversized vehicle/gear storage
    • Metal roof and concrete flooring
    • Electric heating and electric cooling
    • Built in 2023, with convenient highway access just off Hwy 182

    Overview

    This move-in ready storage building is well built for covered, secure use. The property offers approximately 1,800 square feet within a 40' x 45' steel structure, designed with high-clearance ceilings to accommodate larger vehicles and equipment. It’s well suited for storing an RV, boat, collector or classic cars, contractor supplies, or hobby workshop items where protection and straightforward interior access matter.

    Convenient highway access is a key advantage, with the building located just off FM 182. The setting is described as maintaining privacy and security, which supports storage-focused operations that require controlled access and a tidy, off-the-main-road feel.

    As a tenant or operator, the space fits best for secured vehicle and equipment storage, including seasonal RV or boat storage as well as year-round collector car overflow. It also offers a practical option for small businesses needing supplemental indoor storage or light workshop use, provided the intended activities align with the property’s storage-oriented design and clear height needs.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Quitman
    County
    Wood
    State
    Texas
    Longitude
    -95.4510641
    Latitude
    32.7959605

    Nearby Similar for Lease

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      Remodeled Commercial Building for Tenants

      Move-in ready, fully remodeled space with reception, conference room, and central HVAC, suited for professional use.
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      View Details
    • $1,600/Mo
      1,913 SF

      Remodeled Office Suite on Main Road

      Move-in-ready office space with reception, conference room, and central HVAC in a commercially zoned, high-access setting.
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    FAQs

    What type of property is this?
    Self storage facility - Move-in ready steel storage building with high-clearance space for RVs, boats, classic cars, and contractor equipment.
    Where is this self storage facility located?
    The property is located at 5597 TBD Fm 182 Parkway Quitman, TX.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Move‑in ready 40' x 45' steel storage building with approx. 1,800 SF; Secure, gated parking/storage setup with covered parking and garage access; High‑clearance ceilings for RV, boat, and oversized vehicle/gear storage
    (214) 524-3500
    We can help!
    Listing Contact
    Renee Zhang
    Renee Zhang
    Real Estate License ID: 0494776
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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