Flex Space with Loading
For Sale
$399,900
760 E Quinlan Pkwy, Quinlan, TX 75474
Open layout includes private offices, storage, and multiple loading access points.
Property Size4,600 SF
Price / SF$86.63
Days on Market14
Property Features for 760 E Quinlan Pkwy
General Information
Standard status
Active
Size
4,600 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1962
Building Size
4,600 SF
Listing Agency:
1st Choice Realty
(469) 360-4564
Listed By:
Anthony Butcher · License #0573613
Source:
Heritance
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 25 at 4:50AM
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 1st Choice Realty
Investment Insights
Based on property information with market context.
This commercial flex property at 760 E Quinlan Parkway offers over 4,600 square feet within a building constructed in 1962. The interior features an open arrangement, elevated ceilings, two private offices, rear storage, and an additional room that could be converted into a restroom. A front roll-up door and side loading bay support receiving and day-to-day operations, while fresh exterior paint updates the building’s presentation.
The property fronts State Highway 276 in Quinlan, with reported daily traffic of more than 23,000 vehicles. Commercial zoning is in place, and the address provides direct highway exposure for an owner-user or commercial operator seeking adaptable space with office, storage, and loading components.
The property fronts State Highway 276 in Quinlan, with reported daily traffic of more than 23,000 vehicles. Commercial zoning is in place, and the address provides direct highway exposure for an owner-user or commercial operator seeking adaptable space with office, storage, and loading components.
Key Highlights
- Over 4,600 square feet of commercial flex space
- Frontage on State Highway 276 in Quinlan
- More than 23,000 vehicles passing daily, according to TxDOT
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,845
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$676,900
$676.9K
Cap Rate 7%
$483,500
$483.5K
Cap Rate 9%
$376,056
$376.1K
Market Conditions
NOI Build-Up for 4,616 SF
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.
Gross rent
$55.4K $12.00/SF
− Vacancy
−$3.3K −$0.72/SF
EGI
$52.1K $11.28/SF
− OpEx
−$18.2K −$3.95/SF
NOI
$33.8K $7.33/SF
Area
Hunt County, TX
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$676,900
Cap Rate 7%
$483,500
Cap Rate 9%
$376,056
Alternative Uses
Best Use
Industrial
$4.59M
$4.01M – $5.35M
NOI $321,072 @ 7.0% cap · market cap 80.29%
Second Best
Flex RnD
$483.5K
$423.1K – $564.1K
NOI $33,845 @ 7.0% cap · market cap 8.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75474, TX
16,010
Population
7,115
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
82%
High-School Grad
105.3 sq mi
ZIP Area
152
Density / Sq Mi
$66,299
Median Household Income
$35,770
Median Earnings
$1,101
Median Rent
$169,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Open layout includes private offices, storage, and multiple loading access points.
Where is this flex space located?
The property is located at 760 E Quinlan Pkwy Quinlan, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Over 4,600 square feet of commercial flex space; Frontage on State Highway 276 in Quinlan; More than 23,000 vehicles passing daily, according to TxDOT
