Vacant Retail Building with
815 E Moore Avenue Terrell, TX 75160
New
815 E Moore Avenue, Terrell, TX, 75160
$650,000
For Sale
$650,000
Vacant retail building with an open floorplan, multiple support rooms, two restrooms, paved parking, and a drive-through setup.
Property Size2,796 SF
Lot Size0.28 Acres
Price / SF$232.47
Days on Market2
Property Features for 815 E Moore Avenue
General Information
- Standard status
- Active
- Size
- 2,796 SF
- Lot size
- 0.28 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing agency
M&D CRE, LLC
(214) 801-7787
Listed by
Kevin Weable · License #689810
(214) 801-7787
Source
Cornerstonehomeandranch
Added: Jul 20 Updated: Jul 21 at 4:15AM Checked: Jul 21 at 4:15AM
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 M&D CRE, LLC
Investment Insights
Based on property information with market context.
This vacant commercial building includes an open retail-style floorplan with multiple support rooms, two restrooms, and an existing drive-through configuration. The interior layout is designed to support both customer-facing space and back-of-house functionality, including areas that can serve reception, product display, service rooms, private offices, storage, and administrative use.
The property sits on a 0.277-acre site and is positioned along Hwy 80 (E Moore Ave) with additional frontage on Dellis St. Paved on-site parking is provided, and the property is reported to have on-site electric, sewer, and city water.
Liquor store use is prohibited. Buyer and buyer’s broker should verify property details, use requirements, and suitability for the buyer’s intended operation.
The property sits on a 0.277-acre site and is positioned along Hwy 80 (E Moore Ave) with additional frontage on Dellis St. Paved on-site parking is provided, and the property is reported to have on-site electric, sewer, and city water.
Liquor store use is prohibited. Buyer and buyer’s broker should verify property details, use requirements, and suitability for the buyer’s intended operation.
Key Highlights
- Vacant 2,796 SF commercial building on 0.277 acres in Terrell, TX, built in 1965
- Frontage along Hwy 80 (E Moore Ave) with additional frontage on Dellis St
- Open retail‑style floorplan plus multiple support rooms for customer‑facing and back‑of‑house use
Local Financial Insights For Retail
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 | $69.8k | $24.96 |
| − Vacancy | −$3.1k | −$1.12 |
| EGI | $66.6k | $23.84 |
| − OpEx | −$20.0k | −$7.15 |
| NOI | $46.7k | $16.69 |
2,796 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$666.5K
$583.2K – $777.6K
NOI $46,653 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$35.19M
$30.79M – $41.05M
NOI $2,463,224 @ 7.0% cap · market cap 378.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Messiah's Place of Special ...
Social Service Agency
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FAQs
What type of property is this?
Retail space - Vacant retail building with an open floorplan, multiple support rooms, two restrooms, paved parking, and a drive-through setup.
Where is this retail space located?
The property is located at 815 E Moore Avenue Terrell, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Vacant 2,796 SF commercial building on 0.277 acres in Terrell, TX, built in 1965; Frontage along Hwy 80 (E Moore Ave) with additional frontage on Dellis St; Open retail‑style floorplan plus multiple support rooms for customer‑facing and back‑of‑house use
