Building Details

Year Built 2015

Listing Agency: Sebastian Realty

Listed By: Clarence Sebastian · License #0461005 Show Phone

Source: Minteerteam

Added: Aug 11 Changed: Oct 10 Last Checked: Oct 7 at 1:55PM

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Investment Insights

Based on property information with market context.

This 8,800-square-foot warehouse at 8081 E Highway 175 in Kemp, Texas, is fully leased and was built in 2015. The building is divided into three sections measuring 5,028 square feet, 2,515 square feet, and 1,257 square feet, providing a clearly defined multi-section configuration. Five roll-up overhead doors are positioned at the rear of the property.

Approximately 3/4 of an acre lies to the right of the building and extends toward Cougar Rd. The additional land provides space associated with the warehouse property, while the existing building offers a leased commercial asset with multiple sections and rear loading access.

Key Highlights

• 8,800‑square‑foot warehouse building completed in 2015
• Fully leased commercial property
• Three sections measuring 5,028 SF, 2,515 SF, and 1,257 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,194

Cap Rate

6.44%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,223,880 $1.2M

Cap Rate 7%

$874,200 $874.2K

Cap Rate 9%

$679,933 $679.9K

Market Conditions

NOI Build-Up for 8,800 SF

Gross rent

$79.2K $9.00/SF

− Vacancy

−$7.2K −$0.82/SF

EGI

$72.0K $8.18/SF

− OpEx

−$10.8K −$1.23/SF

NOI

$61.2K $6.95/SF

Area

Kaufman County, TX

Vacancy

9.10%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,223,880

Cap Rate 7%

$874,200

Cap Rate 9%

$679,933

Alternative Uses

Best Use

Warehouse

$874.2K

$764.9K – $1.02M (±1% cap)

NOI $61,194 @ 7.0% cap · market cap 6.44%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$110.75M

$96.91M – $129.21M (±1% cap)

NOI $7,752,637 @ 7.0% cap · market cap 816.07%

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

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Nail Salon Food Market Gym & Fitness Center Building Supply

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

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 75143, TX

15,349

Population

7,088

Households

2.2

Avg Household Size

45

Median Age

18%

College-Educated

86%

High-School Grad

181.9 sq mi

ZIP Area

84

Density / Sq Mi

$68,996

Median Household Income

$41,273

Median Earnings

$1,163

Median Rent

$173,200

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Multi-section warehouse with rear roll-up doors and additional land extending toward Cougar Rd.

Where is this warehouse located?

The property is located at 8081 E Highway 175 Kemp, TX.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 8,800‑square‑foot warehouse building completed in 2015; Fully leased commercial property; Three sections measuring 5,028 SF, 2,515 SF, and 1,257 SF