Versatile Commercial Shell
For Sale
$3,299,900
787 County Road 307 Rd, Jarrell, TX 76537
16,000 sq ft commercial shell ready for customization.
Property Size16,000 SF
Price / SF$206.24
Days on Market100
Property Features for 787 County Road 307 Rd
General Information
Standard status
Active
Size
16,000 SF
Property subtype
Industrial
Building Details
Year Built
2024
Listing Agency:
FIRST TEXAS BROKERAGE CO.
(254) 947-5577
Listed By:
Ryan Hodge · License #0470284
(254) 947-5577
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 5:50AM
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 FIRST TEXAS BROKERAGE CO.
Investment Insights
Based on property information with market context.
This 16,000 square foot commercial shell is ready to be tailored for various business ventures. Originally designed as a private school with an indoor gym, the facility offers the option to complete the original plan, with blueprints available, or to reimagine the space for a range of business concepts. The interior features a 3,000 square foot entry foyer, already plumbed for men’s and women’s restrooms, leading into a 100' by 130' clear-span space. This space is suitable for manufacturing, sports training, fitness, events, entertainment, or multi-use operations. Additional acreage provides room for future expansion. The property is strategically located next to the new Double Creek Jarrell Elementary School, which serves over 600 students, and is surrounded by rapidly growing residential developments in a high-demand corridor.
Key Highlights
- 16,000 sq ft commercial shell ready for customization
- Originally designed as a private school (blueprints available) but suitable for diverse business concepts
- Massive 100' x 130' clear‑span space ideal for various operations
Financial Insights For Industrial
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 | $238.1k | $14.88 |
| − Vacancy | −$33.6k | −$2.10 |
| EGI | $204.5k | $12.78 |
| − OpEx | −$61.4k | −$3.83 |
| NOI | $143.2k | $8.95 |
16,000 SF · lease $14.88/SF/yr · vacancy 14.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.05M
$1.79M – $2.39M
NOI $143,158 @ 7.0% cap · market cap 4.34%
Second Best
Flex RnD
$1.90M
$1.66M – $2.22M
NOI $132,932 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$6.69M
$5.85M – $7.80M
NOI $468,188 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76537, TX
10,943
Population
4,538
Households
2.4
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
53.7 sq mi
ZIP Area
204
Density / Sq Mi
$96,067
Median Household Income
$44,474
Median Earnings
$1,729
Median Rent
$272,200
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 - 16,000 sq ft commercial shell ready for customization.
Where is this flex space located?
The property is located at 787 County Road 307 Rd Jarrell, TX.
What is the asking price?
The asking price for this property is $3,299,900.
What are key features of this property?
This property features: 16,000 sq ft commercial shell ready for customization; Originally designed as a private school (blueprints available) but suitable for diverse business concepts; Massive 100' x 130' clear‑span space ideal for various operations
