Industrial Property with
For Sale
Contact for pricing
6878 Fm 1044, Marion, TX 78124
Built in 2012, the site includes an office building and a three-bay warehouse on unrestricted land.
Property Size11,152 SF
Lot Size9.28 Acres
Price / SF$160.96
Days on Market809
Property Features for 6878 Fm 1044
General Information
Standard status
Active
Size
11,152 SF
Lot size
9.28 Acres
Property subtype
Industrial, Land
Additional Details
Highway Access
Yes
Amenities
conference rooms
kitchen breakroom
Building Details
Year Built
2012
Listing Agency:
Coldwell Banker D'Ann Harper San Marcos
Listed By:
Chelsea Roberts · License #TX
Source:
Crexi
Added: Aug 7, 2024
Changed: Oct 2
Last Checked: Oct 23 at 4:17AM
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 Coldwell Banker D'Ann Harper San Marcos
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2012, this industrial property includes a 4,736-square-foot office building and a 6,416-square-foot warehouse with three bays. The office features multiple office spaces, conference rooms, and a complete kitchen breakroom, providing a functional layout for day-to-day operations.
The property sits on 9.2780 acres of unrestricted land and is conveniently located between I-10 and IH-35, supporting flexible business use and straightforward access.
Seller financing is available with an acceptable offer and terms, offering an additional option for qualified buyers.
The property sits on 9.2780 acres of unrestricted land and is conveniently located between I-10 and IH-35, supporting flexible business use and straightforward access.
Seller financing is available with an acceptable offer and terms, offering an additional option for qualified buyers.
Key Highlights
- 9.2780 acres of unrestricted land between I‑10 and IH‑35
- Built in 2012 with a 4,736 SF office building
- Office space includes multiple offices, conference rooms, and a kitchen/breakroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,989
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,039,780
$3.0M
Cap Rate 7%
$2,171,271
$2.2M
Cap Rate 9%
$1,688,767
$1.7M
Market Conditions
NOI Build-Up for 11,152 SF
Gross rent
$246.2K $22.08/SF
− Vacancy
−$43.6K −$3.91/SF
EGI
$202.7K $18.17/SF
− OpEx
−$50.7K −$4.54/SF
NOI
$152.0K $13.63/SF
Area
Guadalupe County, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,039,780
Cap Rate 7%
$2,171,271
Cap Rate 9%
$1,688,767
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $151,989 @ 7.0% cap · market cap 8.47%
Second Best
Flex RnD
$1.68M
$1.47M – $1.96M
NOI $117,431 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$2.93M
$2.56M – $3.41M
NOI $204,751 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78124, TX
6,860
Population
2,674
Households
2.6
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
56.9 sq mi
ZIP Area
121
Density / Sq Mi
$82,534
Median Household Income
$44,510
Median Earnings
$1,326
Median Rent
$282,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Built in 2012, the site includes an office building and a three-bay warehouse on unrestricted land.
Where is this flex space located?
The property is located at 6878 Fm 1044 Marion, TX.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 9.2780 acres of unrestricted land between I‑10 and IH‑35; Built in 2012 with a 4,736 SF office building; Office space includes multiple offices, conference rooms, and a kitchen/breakroom
