Commercial Building with Upstairs
8866 State Highway 34 S Quinlan, TX 75474
New
8866 State Highway 34 S, Quinlan, TX, 75474
$1,400,000
For Sale
$1,400,000
SINGLE_FAMILY - Quinlan, TX
Property Size5,500 SF
Lot Size0.89 Acres
Price / SF$254.55
Days on Market6
Property Features for 8866 State Highway 34 S
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Assigned
- Standard status
- Active
- APN
- 26231
- Size
- 5,500 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Description
- A0416 HAMBY ISAAC, TRACT 45, ACRES .891
- Tax Annual Amount
- 15026
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Composition
Listing Agency
Exit Realty Pinnacle Group
(903) 356-4700
Quinlan, TX
Listed by
Kathy Hobbs · License #0417256
(972) 741-2421
Added: Jul 13 Checked: Jul 18 at 5:06 am
MLS# 21139175
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale property includes a commercial building on a 0.891-acre lot, offering an existing structure with several office rooms that can be adapted for retail, office, or service-based uses. The building also includes an upstairs apartment. The site presents a build-to-suit option for businesses looking to tailor a new facility to their needs. Seller will not make any updates to the building; the accounting office currently operating on-site is not for sale, and the listing is for real estate only.
Located at 8866 State Highway 34 S in Quinlan, Texas, the property benefits from prominent Highway 34 frontage. Public remarks also note retail and other businesses nearby.
With a total property size reported as 5,500 square feet, the site provides both immediate-use office space and flexibility for future development on the existing lot.
Located at 8866 State Highway 34 S in Quinlan, Texas, the property benefits from prominent Highway 34 frontage. Public remarks also note retail and other businesses nearby.
With a total property size reported as 5,500 square feet, the site provides both immediate-use office space and flexibility for future development on the existing lot.
Key Highlights
- Commercial lot with prominent Hwy 34 frontage in Quinlan (0.89 acres)
- Existing block building with several offices that can be adapted for retail, office, or service use
- Building includes an upstairs apartment
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 | $132.7k | $24.12 |
| − Vacancy | −$6.2k | −$1.13 |
| EGI | $126.4k | $22.99 |
| − OpEx | −$37.9k | −$6.90 |
| NOI | $88.5k | $16.09 |
5,500 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.26M
$1.11M – $1.47M
NOI $88,497 @ 7.0% cap · market cap 6.32%
Second Best
Office B
$996.4K
$871.9K – $1.16M
NOI $69,750 @ 7.0% cap · market cap 4.98%
Theoretical Best
Industrial
$5.47M
$4.78M – $6.38M
NOI $382,560 @ 7.0% cap · market cap 27.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Existing building on 0.891 acres includes multiple office rooms and an upstairs apartment, with prominent Highway 34 frontage.
Where is this office units located?
The property is located at 8866 State Highway 34 S Quinlan, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Commercial lot with prominent Hwy 34 frontage in Quinlan (0.89 acres); Existing block building with several offices that can be adapted for retail, office, or service use; Building includes an upstairs apartment
