Building Details

Building Size 6,170 SF

Year Built 1990

Buildings 1

Stories 1

Units 1

Listing Agency: BOURQUIN REALTY

Listed By: David Bourquin · License #0596715 Show Phone

Source: Bourquinrealty

Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:26PM

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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 BOURQUIN REALTY

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 6,170-square-foot flex building sits on approximately 2.93 acres and dates to 1990. The interior includes a storefront area, six additional rooms, and a warehouse equipped with three roll-up doors. The full property is fenced, with two gated entrances providing access to the rear of the site.

Positioned on W Main Street in Gun Barrel City, the property brings together storefront, room, warehouse, and outdoor area within one commercial site.

Key Highlights

• 6,170‑square‑foot building on approximately 2.93 acres
• Storefront area, six additional rooms, and warehouse space
• Warehouse includes three roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,430

Cap Rate

5.53%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$768,600 $768.6K

Cap Rate 7%

$549,000 $549.0K

Cap Rate 9%

$427,000 $427.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,170 SF

Gross rent

$50.3K $8.16/SF

− Vacancy

−$5.1K −$0.83/SF

EGI

$45.2K $7.33/SF

− OpEx

−$6.8K −$1.10/SF

NOI

$38.4K $6.23/SF

Area

Henderson County, TX

Vacancy

10.20%

Lease Rate

$8.16 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$768,600

Cap Rate 7%

$549,000

Cap Rate 9%

$427,000

Alternative Uses

Best Use

Flex RnD

$928.1K

$812.1K – $1.08M (±1% cap)

NOI $64,970 @ 7.0% cap · market cap 9.35%

Second Best

Warehouse

$549.0K

$480.4K – $640.5K (±1% cap)

NOI $38,430 @ 7.0% cap · market cap 5.53%

Theoretical Best

Office A

$2.17M

$1.90M – $2.53M (±1% cap)

NOI $151,930 @ 7.0% cap · market cap 21.86%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Home Medical Production Facility

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Bakery HVAC Service Carpet & Flooring Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

350

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 75156, TX

15,708

Population

8,969

Households

1.8

Avg Household Size

48

Median Age

17%

College-Educated

86%

High-School Grad

32.1 sq mi

ZIP Area

489

Density / Sq Mi

$59,303

Median Household Income

$35,316

Median Earnings

$932

Median Rent

$209,100

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - A fenced commercial property combines customer-facing space with a warehouse and gated rear access.

Where is this flex space located?

The property is located at 735 W Main Street Gun Barrel City, TX.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 6,170‑square‑foot building on approximately 2.93 acres; Storefront area, six additional rooms, and warehouse space; Warehouse includes three roll‑up doors