Flex Space with
For Sale
$1,499,900
5878 W US Highway 80, Terrell, TX 75160
CommercialSale, Terrell, TX
Property Size12,600 SF
Lot Size1.91 Acres
Price / SF$119.04
Days on Market41
Property Features for 5878 W US Highway 80
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
HIGHWAY CORRIDOR
Parking features
Open
Subdivision
West Everett Add
Lot features
Acreage
Directions
head west on Hwy 80(Moore Ave.) from downtown Terrell approx 4.4 miles. Property is on the right just before the onramp to HWY 80 west.
Standard status
Active
APN
16570
Lot size
1.91 Acres
Taxes and HOA fees
Tax Description
WEST EVERETT ADD, BLOCK 1, LOT 1
Tax Annual Amount
15614
Legal Description
WEST EVERETT ADD, BLOCK 1, LOT 1
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
signage
billboard
Building Details
Year built
1976
Floors in Building
1
Number of units
3
Flooring type
Concrete, Tile
Building materials
MetalSiding, SteelSiding
Roof type
Metal, Flat
Listing Agency:
Hottinger Real Estate, Inc.
(972) 524-5683
Listed By:
Byron Cashion · License #0518016
(972) 524-5683
Added: Jul 13
Changed: Aug 21
Last Checked: Aug 22 at 9:06AM
MLS# 21328232
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 12,600-square-foot flex property combines a 9,000-square-foot front building with two rear warehouse structures exceeding 1,600 square feet each. The storefront building includes a showroom, five private offices, three bathrooms, a conference room, and open storage or work areas. Each rear warehouse has four grade-level doors, while the property also provides open parking around the improvements. Large signage is available, and the site is served by phase 3 power, natural gas, public water, and a septic tank. Built in 1976, the property is located at 5878 W US Highway 80 in Terrell, adjacent to the planned VanTrust development project.
Key Highlights
- 12,600‑square‑foot flex property with a 9,000‑square‑foot storefront building
- Two rear warehouses exceeding 1,600 square feet each
- Five private offices, three bathrooms, a conference room, and showroom
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
$87,619
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
5.84%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
29
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Storefront showroom, offices, warehouse areas, and multiple grade-level doors support varied commercial operations.
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‑foot flex property with a 9,000‑square‑foot storefront building; Two rear warehouses exceeding 1,600 square feet each; Five private offices, three bathrooms, a conference room, and showroom
