Automotive Property with Highway
59 Shawnee Trail, Whitesboro, TX 76273
For Sale
$1,299,000
CommercialSale, Whitesboro, TX
Property Size9,580 SF
Lot Size4.08 Acres
Price / SF$135.59
Days on Market170
Property Features for 59 Shawnee Trail
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
RE/MAX FIRST REALTY · RE/MAX International
(940) 665-0376
Listed By:
Virginia Capps · License TX #0724351
(940) 736-8061
Added: May 27
Changed: Nov 11
Last Checked: Nov 12 at 7:06PM
MLS# 21254425
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 4.08-acre automotive property includes 9,580 square feet of improvements, with numerous buildings, sheds, a shop, garage, and residential structure. Constructed in 2020, the property includes metal siding and concrete construction, tile and concrete flooring, central heating and cooling, carport and driveway parking, public water, propane, and composition and metal roofing. The mix of structures provides space for automotive operations, equipment, storage, parking, or additional commercial activity.
The property is located at 59 Shawnee Trail in Whitesboro, along Hwy 377 and approximately half a mile from Hwy 82. Reported traffic volume is 12,716 AADT, with access to the Hwy 82 and Hwy 377 interchange. The surrounding corridor includes towing, diesel, automotive, service-based, and industrial operations, while nearby semi-truck traffic and rock crushers support consideration for diesel, heavy-equipment, or fleet-service uses.
The property is located at 59 Shawnee Trail in Whitesboro, along Hwy 377 and approximately half a mile from Hwy 82. Reported traffic volume is 12,716 AADT, with access to the Hwy 82 and Hwy 377 interchange. The surrounding corridor includes towing, diesel, automotive, service-based, and industrial operations, while nearby semi-truck traffic and rock crushers support consideration for diesel, heavy-equipment, or fleet-service uses.
Key Highlights
- 4.08‑acre automotive property with frontage on Hwy 377
- 9,580 square feet of improvements across numerous buildings, sheds, shop, garage, and home
- 12,716 AADT reported on the Hwy 377 corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,906
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,120
$998.1K
Cap Rate 7%
$712,943
$712.9K
Cap Rate 9%
$554,511
$554.5K
Market Conditions
NOI Build-Up for 9,580 SF
Gross rent
$78.2K $8.16/SF
− Vacancy
−$6.9K −$0.72/SF
EGI
$71.3K $7.44/SF
− OpEx
−$21.4K −$2.23/SF
NOI
$49.9K $5.21/SF
Area
Grayson County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,120
Cap Rate 7%
$712,943
Cap Rate 9%
$554,511
Alternative Uses
Best Use
Retail
$2.27M
$1.99M – $2.65M
NOI $159,013 @ 7.0% cap · market cap 12.24%
Second Best
Industrial
$712.9K
$623.8K – $831.8K
NOI $49,906 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,898 @ 7.0% cap · market cap 18.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12,716 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Golden Chick
Dining
6,610 visits/mo
0.5 miles
Demographics for 76273, TX
9,857
Population
4,182
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
206.9 sq mi
ZIP Area
48
Density / Sq Mi
$80,244
Median Household Income
$41,441
Median Earnings
$1,171
Median Rent
$234,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Automotive property - Multiple buildings, shop areas, and a residential structure support automotive operations, storage, parking, or owner use.
Where is this automotive property located?
The property is located at 59 Shawnee Trail Whitesboro, TX.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4.08‑acre automotive property with frontage on Hwy 377; 9,580 square feet of improvements across numerous buildings, sheds, shop, garage, and home; 12,716 AADT reported on the Hwy 377 corridor
