Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Terrell Warehouse Space Available Title is generated by Realmo AI

    8024 Michael Talty Avenue, Terrell, TX 75160

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,000 SF warehouse space for lease in Terrell, Texas.

    Type:Industrial
    Property size:
    5,000 SF
    Added:
    Mar 4, 2026
    Days on Market:
    80
    Last Refresh:
    Feb 14 at 7:57 pm

    Property Features for 8024 Michael Talty Avenue

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 8024 Michael Talty Avenue Contact us

    We can help!

    Listing Contact
    Taylor Stell

    Listing agent Taylor Stell

    Listing office

    Listing date Mar 4, 2026

    Source Lee-associates

    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 Taylor Stell

    HighLights

    • Available ASAP
    • 16'-18' Clear Height
    • Clear Span
    • 3 Phase Power
    • Features 1 Dock Well
    • 1 Grade Level Door (10’W x 14’H)

    Overview

    This 5,000 square foot warehouse space is available for lease. The property features clear span construction and offers a clear height ranging from 16 to 18 feet. It includes one dock well and one grade-level door measuring 10 feet wide by 14 feet high. The property is equipped with 3-phase power and is available for immediate occupancy.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Spa & Massage Center Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Accounting Firm Auto Parts Store Department Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Great State Boat & RV Storage — 6850 Michael Talty Ave, Talty, TX 75160
    • Talty Storage and RV Parking — 7010 FM148, Terrell, TX 75160

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.38
    Latitude
    32.6883

    Nearby Similar for Lease

    • $3,800/Mo

      Versatile Shop Space Near Terrell

      4,000 sq ft shop with offices and roll-up doors.
      6274 N Fm 148, Terrell, TX 75160
      View Details
    • $4,900/Mo

      Terrell Office Space For Rent

      Office space in Terrell Square Shopping Center, near Dollar General.
      632 N Rockwall Avenue, Terrell, TX 75160
      View Details
    • $17 SF/Yr
      1,024 SF

      Retail Suite in High-Growth Area

      End-cap retail suite in Terrell, Texas with high visibility.
      210 S Virginia Street, Terrell, TX 75160
      View Details
    • $4,900/Mo
      4,000 SF

      Terrell Square Office Space Available

      4,000 SF office space in Terrell Square Shopping Center.
      632 N Rockwall Avenue, Terrell, TX 75160
      View Details
    • $3,800/Mo
      3,000 SF

      Versatile Shop Space Near I-20

      4,000 sq. ft. shop with offices near Terrell.
      6274 N Fm 148, Terrell, TX 75160
      View Details
    • $2,750/Mo
      4,000 SF

      Terrell Warehouse Space For Lease

      4,000 SF warehouse space near Interstate 20.
      8723 Fm 2728 #8, Terrell, TX 75161
      View Details
    • Contact for pricing
      4,800 SF

      Prime Retail Space Near Outlets

      Ideally situated retail space with high visibility and traffic.
      341 Tanger Dr, Terrell, TX
      View Details
    • $10 SF/Yr
      1,250 SF

      Terrell, TX Light Industrial Space

      Light industrial space for lease in a high-traffic location.
      14860 State Highway 205 #F, Terrell, TX 75160
      View Details
    • Contact for pricing
      2,253 SF

      Office Space Available For Rent

      Single tenant office space available, totaling 2,253 square feet.
      406 W Brin St, Terrell, TX 75160
      View Details
    • Contact for pricing
      40,000 SF

      Retail Space Near Tractor Supply

      Retail space available in high-traffic area near Tractor Supply.
      100 State Hwy 205, Terrell, TX
      View Details
    • Contact for pricing
      6,000 SF

      New Construction Warehouses For Lease

      New construction warehouses for lease with versatile opportunities.
      6562 Michael Talty Ave, Terrell, TX
      View Details
    • Contact for pricing
      25,000 SF

      Historic Building in Downtown Terrell

      Historic building in downtown Terrell, near upcoming revitalization district.
      201 E Moore Ave, Terrell, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - 5,000 SF warehouse space for lease in Terrell, Texas.
    Where is this warehouse located?
    The property is located at 8024 Michael Talty Avenue Terrell, TX.
    What are key features of this property?
    This property features: Available ASAP; 16'-18' Clear Height; Clear Span
    (214) 558-1969
    We can help!
    Listing Contact
    Taylor Stell
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8024 Michael Talty Avenue, Terrell, TX 75160
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!