Flex Space with Multiple
For Sale
$1,499,900
5878 W Us Highway 80, Terrell, TX 75160
Highway Corridor property combines showroom, offices, warehouse areas, substantial parking, and multiple grade-level loading doors.
Property Size12,600 SF
Price / SF$119.04
Days on Market61
Property Features for 5878 W Us Highway 80
General Information
Standard status
Active
Size
12,600 SF
Building Details
Year Built
1976
Listing Agency:
Hottinger Real Estate, Inc.
Listed By:
Byron Cashion · License #0518016
(972) 524-5683
Source:
Minteerteam
Added: Aug 14
Changed: Oct 13
Last Checked: Oct 7 at 2:11PM
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 Hottinger Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 12,600-square-foot flex property on two acres includes a 9,000-square-foot storefront building with a showroom, five private offices, three bathrooms, a conference room, and open warehouse space. Several grade-level doors serve the front building, while two rear warehouses measure over 1,600 square feet each and have four grade-level doors apiece. Parking is available around the buildings, with large signage also supported on the site.
The property is located at 5878 W US Highway 80 in Terrell and carries HIGHWAY CORRIDOR zoning. Infrastructure includes phase 3 power and natural gas. Built in 1976, the site is adjacent to the planned VanTrust development project and the proposed Terrell Logistics Center, situated along Highway 80 at Spur 557.
The property is located at 5878 W US Highway 80 in Terrell and carries HIGHWAY CORRIDOR zoning. Infrastructure includes phase 3 power and natural gas. Built in 1976, the site is adjacent to the planned VanTrust development project and the proposed Terrell Logistics Center, situated along Highway 80 at Spur 557.
Key Highlights
- 12,600 square feet across two acres
- 9,000 square‑foot storefront building with showroom, five offices, three bathrooms, and conference room
- Two rear warehouses over 1,600 square‑feet each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,619
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,752,380
$1.8M
Cap Rate 7%
$1,251,700
$1.3M
Cap Rate 9%
$973,544
$973.5K
Market Conditions
NOI Build-Up for 12,600 SF
Gross rent
$113.4K $9.00/SF
− Vacancy
−$10.3K −$0.82/SF
EGI
$103.1K $8.18/SF
− OpEx
−$15.5K −$1.23/SF
NOI
$87.6K $6.95/SF
Area
Kaufman County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,752,380
Cap Rate 7%
$1,251,700
Cap Rate 9%
$973,544
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.61M
NOI $216,857 @ 7.0% cap · market cap 14.46%
Second Best
Retail
$3.00M
$2.63M – $3.50M
NOI $210,241 @ 7.0% cap · market cap 14.02%
Theoretical Best
Multifamily LT 5
$158.58M
$138.75M – $185.01M
NOI $11,100,367 @ 7.0% cap · market cap 740.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Highway Corridor property combines showroom, offices, warehouse areas, substantial parking, and multiple grade-level loading doors.
Where is this flex space located?
The property is located at 5878 W Us Highway 80 Terrell, TX.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: 12,600 square feet across two acres; 9,000 square‑foot storefront building with showroom, five offices, three bathrooms, and conference room; Two rear warehouses over 1,600 square‑feet each
