Highway Storefront
For Sale
$245,000
8782 State Highway 34 S, Quinlan, TX 75474
Located across from Walmart in Quinlan, Texas.
Property Size918 SF
Price / SF$266.88
Days on Market70
Property Features for 8782 State Highway 34 S
General Information
Standard status
Active
Size
918 SF
Building Details
Year Built
1970
Listing Agency:
HOWLE REAL ESTATE, LLC
Listed By:
Donald Howle · License #0715405
(903) 454-2824
Source:
Heritance
Added: Aug 6
Changed: Sep 14
Last Checked: Oct 7 at 2:12PM
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 HOWLE REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
This storefront property dates to 1970 and is situated on State Highway 34 in Quinlan, Texas. Walmart is directly across the highway, placing the building within an established retail setting. The property is offered for sale as a commercial storefront.
Key Highlights
- Storefront property on State Highway 34
- Directly across from Walmart
- Located in Quinlan, TX 75474
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,771
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,420
$295.4K
Cap Rate 7%
$211,014
$211.0K
Cap Rate 9%
$164,122
$164.1K
Market Conditions
NOI Build-Up for 918 SF
Gross rent
$22.1K $24.12/SF
− Vacancy
−$1.0K −$1.13/SF
EGI
$21.1K $22.99/SF
− OpEx
−$6.3K −$6.90/SF
NOI
$14.8K $16.09/SF
Area
Hunt County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,420
Cap Rate 7%
$211,014
Cap Rate 9%
$164,122
Alternative Uses
Best Use
Retail
$211.0K
$184.6K – $246.2K
NOI $14,771 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$912.2K
$798.2K – $1.06M
NOI $63,853 @ 7.0% cap · market cap 26.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
195k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Superstores 25%
Shops & Services 22%
Groceries 14%
Walmart
Superstores
48,171 visits/mo
0.3 miles
McDonald's
Dining
21,998 visits/mo
0.1 miles
Brookshire's
Groceries
16,982 visits/mo
0.2 miles
Whataburger
Dining
16,540 visits/mo
0.1 miles
Murphy USA
Shops & Services
12,566 visits/mo
0.3 miles
Demographics for 75474, TX
16,010
Population
7,115
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
82%
High-School Grad
105.3 sq mi
ZIP Area
152
Density / Sq Mi
$66,299
Median Household Income
$35,770
Median Earnings
$1,101
Median Rent
$169,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lotus and Vine — 121 Main St, Quinlan, TX 75474
Frequently Asked Questions
What type of property is this?
Storefront property - Located across from Walmart in Quinlan, Texas.
Where is this storefront property located?
The property is located at 8782 State Highway 34 S Quinlan, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Storefront property on State Highway 34; Directly across from Walmart; Located in Quinlan, TX 75474
