700 S Interstate Highway 45 Ennis, TX 75119
Well-built shop warehouse with two bay doors, office, and central HVAC on a small site near I-45.
- Added:
- Jul 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 14 at 2:11 am
Property Features for 700 S Interstate Highway 45
General Information
- Standard status
- Active
- Size
- 2,540 SF
- Lot size
- 0.25 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing office NextHome Property Advisors (972) 679-5886
Listing date Jul 13, 2026
Source Cornerstonehomeandranch
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Investment Insights
Based on property information with market context.
The site is directly off I-45 and is positioned for strong highway exposure near the Buc-ee’s travel center. The offering also references owner financing availability and includes discussion of adjacent neighboring land (approximately one acre).
The property is set on approximately 0.25 acres and is described as suitable for a range of business uses, including automotive-related services, retail, fabrication, warehouse storage, mixed-use office, or service-oriented operations.
Key Highlights
- 2,540 SF shop/workshop warehouse with 2 bay doors on approximately 0.25 acres
- Central heating and cooling with robust metal construction
- Includes fully finished office space and two bathrooms
Local Financial Insights For Warehouse
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 | $22.9k | $9.00 |
| − Vacancy | −$2.1k | −$0.82 |
| EGI | $20.8k | $8.18 |
| − OpEx | −$3.1k | −$1.23 |
| NOI | $17.7k | $6.95 |
