Versatile Land with Industrial
8458 FM 1960 Dayton, TX 77535
For Sale
Contact for pricing
20 acres with warehouse and office near Grand Parkway 99.
Property Size26,000 SF
Lot Size20.00 Acres
Price / SF$100
Days on Market1139
Property Features for 8458 FM 1960
General Information
- Standard status
- Active
- Size
- 26,000 SF
- Lot size
- 20.00 Acres
- Property subtype
- Industrial, Land
Listing Agency:
HomeSmart
(713) 557-0266
Listed By:
Tracy Frederick · License #TX 0647811
Source:
Crexi
Added: Jun 12, 2023
Changed: Jul 6
Last Checked: Jul 23 at 4:51AM
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 HomeSmart
Investment Insights
Based on property information with market context.
Located on FM 1960 in Dayton, this property is near the intersection with FM 622, which is slated to become a major roadway. The site includes an approximately 5,000-square-foot industrial building with offices, a kitchen, and restrooms, along with an attached approximately 26,000-square-foot warehouse featuring concrete flooring. The property is equipped with electric, a water well, and a septic tank. The location is within 1 mile of Grand Parkway 99. The property is suited for agricultural, commercial, or industrial applications. The seller is open to dividing the 20 acres to accommodate specific needs. An additional 4-acre parcel with a yellow building is also available. This building offers over 3,600 square feet, featuring 12 office spaces, a conference area, a kitchen, and bathrooms. It is situated on a hard corner and already has a well and septic system in place. New residential communities are under construction in Dayton, with over 7,000 residential units scheduled for completion by 2025.
Key Highlights
- Prime location on FM 1960 near future FM 622 and Grand Parkway 99, offering high visibility.
- Versatile property suited for distribution, retail, gas station, or commercial development.
- Existing infrastructure includes electric, water well, and septic tank.
Financial Insights For Warehouse
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 | $201.8k | $7.76 |
| − Vacancy | −$12.7k | −$0.49 |
| EGI | $189.0k | $7.27 |
| − OpEx | −$28.4k | −$1.09 |
| NOI | $160.7k | $6.18 |
26,000 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$5.17M
$4.52M – $6.03M
NOI $361,853 @ 7.0% cap · market cap 13.92%
Second Best
Warehouse
$2.30M
$2.01M – $2.68M
NOI $160,692 @ 7.0% cap · market cap 6.18%
Theoretical Best
Multifamily LT 5
$291.50M
$255.06M – $340.08M
NOI $20,404,894 @ 7.0% cap · market cap 784.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - 20 acres with warehouse and office near Grand Parkway 99.
Where is this commercial land located?
The property is located at 8458 FM 1960 Dayton, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Prime location on FM 1960 near future FM 622 and Grand Parkway 99, offering high visibility.; Versatile property suited for distribution, retail, gas station, or commercial development.; Existing infrastructure includes electric, water well, and septic tank.
