Industrial Flex
600 FM 981 Blue Ridge, TX 75424
New
600 FM 981, Blue Ridge, TX, 75424
$1,900,000
For Sale
$1,900,000
COMMERCIAL - Blue Ridge, TX
Property Size10,000 SF
Lot Size0.92 Acres
Price / SF$190
Days on Market1
Property Features for 600 FM 981
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, RV
- Security features
- Security
- Standard status
- Active
- APN
- R655700215901
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- ABS A0557 M MOWERY SURVEY, SHEET 2, TRACT 159
Utilities
- Utilities
- Propane
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Electric (Heating), Heat Pump (Heating), Central
- Cooling system
- Wall Unit(s), Electric, Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Concrete, Carpet, Vinyl
- Building materials
- MetalSiding, Concrete
- Roof type
- Metal
Listing agency
John Christie Real Estate Prop
(972) 529-7022
Listed by
Abbie Andrews · License #0788776
(972) 529-7022
Added: Jul 22 Checked: Jul 22 at 5:06AM
MLS# 21337330
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 for-sale industrial flex building offers approximately 10,000 SF and is described by the seller as unrestricted, providing commercial flexibility for a wide range of uses. The property sits on an approximately 0.916-acre lot at 600 FM 981 in Blue Ridge, TX 75424.
The building is positioned on the southeast corner of Highway 78 and FM 981, and the seller notes the site is on a hard corner with high traffic and strong accessibility. All information is deemed reliable but should be verified by the listing agent.
The building is positioned on the southeast corner of Highway 78 and FM 981, and the seller notes the site is on a hard corner with high traffic and strong accessibility. All information is deemed reliable but should be verified by the listing agent.
Key Highlights
- 10,000 SF commercial building with unrestricted use on a high‑traffic hard corner
- Located on the southeast corner of Highway 78 and FM 981
- Metal roof and metal siding with concrete construction materials
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.0k | $12.00 |
| − Vacancy | −$7.2k | −$0.72 |
| EGI | $112.8k | $11.28 |
| − OpEx | −$39.5k | −$3.95 |
| NOI | $73.3k | $7.33 |
10,000 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$9.94M
$8.69M – $11.59M
NOI $695,563 @ 7.0% cap · market cap 36.61%
Second Best
Flex RnD
$1.05M
$916.5K – $1.22M
NOI $73,320 @ 7.0% cap · market cap 3.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Crazy AC Guy
HVAC Service
C&J RV Repair ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Unrestricted 10,000 SF industrial flex building on a hard corner at Highway 78 and FM 981.
Where is this flex space located?
The property is located at 600 FM 981 Blue Ridge, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 10,000 SF commercial building with unrestricted use on a high‑traffic hard corner; Located on the southeast corner of Highway 78 and FM 981; Metal roof and metal siding with concrete construction materials
