High-Visibility Retail
600 S Highway 377 Pilot Point, TX 76258
600 S Highway 377, Pilot Point, TX, 76258
$490,000
For Sale
$490,000
Retail building on S Highway 377 in Pilot Point with ample parking and convenient on-off access.
Property Size1,347 SF
Price / SF$363.77
Days on Market91
Property Features for 600 S Highway 377
General Information
- Standard status
- Active
- Size
- 1,347 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1995
Listing agency
Lake Country Lifestyle Real Estate
(214) 724-1607
Listed by
Whitney Delcourt
Source
Signaturere
Added: Apr 22 Updated: Jul 21 at 2:35AM Checked: Jul 21 at 2:35AM
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 Lake Country Lifestyle Real Estate
Investment Insights
Based on property information with market context.
This for-sale retail property at 600 S Highway 377 offers approximately 1,347 square feet of commercial space and ample on-site parking. The site is positioned for customer access, with convenient on-and-off accessibility intended to support a range of retail and service uses.
Located in Pilot Point, the property benefits from highway frontage and visibility along S Highway 377. The surrounding area includes expanding development and ongoing economic activity, placing the property within a growing commercial corridor.
This is a practical option for businesses seeking a high-traffic retail location with straightforward access and parking for both customers and employees.
Located in Pilot Point, the property benefits from highway frontage and visibility along S Highway 377. The surrounding area includes expanding development and ongoing economic activity, placing the property within a growing commercial corridor.
This is a practical option for businesses seeking a high-traffic retail location with straightforward access and parking for both customers and employees.
Key Highlights
- Retail commercial building built in 1995
- Located on S Highway 377 in Pilot Point
- High‑traffic Highway 377 frontage with exceptional visibility
Local Financial Insights For Retail
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 | $33.6k | $24.96 |
| − Vacancy | −$1.7k | −$1.25 |
| EGI | $31.9k | $23.71 |
| − OpEx | −$9.6k | −$7.11 |
| NOI | $22.4k | $16.60 |
1,347 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$319.4K
$279.5K – $372.6K
NOI $22,358 @ 7.0% cap · market cap 4.56%
Second Best
Office B
$267.6K
$234.1K – $312.2K
NOI $18,730 @ 7.0% cap · market cap 3.82%
Theoretical Best
Multifamily LT 5
$18.84M
$16.48M – $21.98M
NOI $1,318,591 @ 7.0% cap · market cap 269.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Retail building on S Highway 377 in Pilot Point with ample parking and convenient on-off access.
Where is this office building located?
The property is located at 600 S Highway 377 Pilot Point, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Retail commercial building built in 1995; Located on S Highway 377 in Pilot Point; High‑traffic Highway 377 frontage with exceptional visibility
