Move-In Ready Office
For Sale
$150,000
800 W Front Street, De Kalb, TX 75559
Office space with four offices, ready for immediate occupancy.
Property Size800 SF
Lot Size0.50 Acres
Price / SF$187.50
Days on Market150
Property Features for 800 W Front Street
General Information
Standard status
Active
Size
800 SF
Lot size
0.50 Acres
Property subtype
Commercial
Zoning
Currently under commercial
Building Details
Building Size
800 SF
Year Built
1977
Stories
1
Units
1
Listing Agency:
Coldwell Banker Apex, REALTORS
(214) 676-3850
Listed By:
Rita Ferris
(214) 676-3850
Source:
Fullhouserealtytx
Added: Mar 27
Changed: Aug 23
Last Checked: Aug 23 at 4:59AM
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 Apex, REALTORS
Investment Insights
Based on property information with market context.
This office space features four individual offices and is ready for immediate occupancy. The interior has been freshly painted. The property is zoned for commercial use and occupies half an acre. The owner is open to selling this lot individually or as part of a package with two additional lots.
Key Highlights
- Zoned Commercial
- Move‑in ready condition
- Four office spaces
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
$13,382
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
8.92%
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%
$267,640
$267.6K
Cap Rate 7%
$191,171
$191.2K
Cap Rate 9%
$148,689
$148.7K
Market Conditions
NOI Build-Up for 800 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
$24.6K $30.72/SF
− Vacancy
−$6.7K −$8.42/SF
EGI
$17.8K $22.30/SF
− OpEx
−$4.5K −$5.58/SF
NOI
$13.4K $16.73/SF
Area
Bowie County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
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%
$267,640
Cap Rate 7%
$191,171
Cap Rate 9%
$148,689
Alternative Uses
Best Use
Office B
$191.2K
$167.3K – $223.0K
NOI $13,382 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$602.6K
$527.3K – $703.0K
NOI $42,180 @ 7.0% cap · market cap 28.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 75559, TX
5,472
Population
2,892
Households
1.9
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
292.4 sq mi
ZIP Area
19
Density / Sq Mi
$58,147
Median Household Income
$40,911
Median Earnings
$690
Median Rent
$128,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space with four offices, ready for immediate occupancy.
Where is this office units located?
The property is located at 800 W Front Street De Kalb, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Zoned Commercial; Move‑in ready condition; Four office spaces
