Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16580 Us Highway 380 Krum, TX 76249

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New Industrial Park, Flexible Units

    Lot size:
    6,000 SF

    Property Features for 16580 Us Highway 380

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    4000

    Building Details

    Year Built
    2021
    Buildings
    24

    Spaces For Lease

    at 16580 Us Highway 380, Krum, TX 76249 Contact us
    Unit Building 1

    $8 /Mo

    Size
    6,000 SF
    Contact us
    Unit Suite 401

    $10 /Mo

    Size
    2,000 SF
    Contact us
    Unit Suite 201

    $9 /Mo

    Size
    4,000 SF
    Contact us

    We can help!

    Listing Contact
    John Withers
    John Withers

    Listing Agency: Stag Commercial Listing Agent: John Withers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional industrial property, located at 16580 West Highway 380, offers a prime opportunity for businesses seeking modern warehouse space. The property is part of a new industrial/business park with a total of 24 buildings, and currently features three available units ranging from 2,000 to 6,000 square feet. Each unit is easily divisible, with a minimum leasable space of 2,000 square feet and a maximum contiguous space of 6,000 square feet. Built in 2021, these warehouses provide modern amenities and efficient layouts. For tenants requiring smaller spaces, demising walls will be installed to create customized units. The landlord is open to negotiating additional tenant improvements to suit specific business needs, offering flexibility and customization options. This is an ideal location for businesses seeking modern, efficient, and adaptable warehouse space in a thriving new industrial park. The property's strategic location provides easy access to major transportation routes, ensuring seamless logistics and distribution. Contact us today to learn more about this exciting opportunity and secure your ideal warehouse space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Accounting Firm Storage Facility Garden Center Discount Store Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Krum
    County
    Denton
    State
    Texas
    Longitude
    -97.330053
    Latitude
    33.2895377

    Nearby Similar for Lease

    • Contact for pricing
      269,600 SF

      Krum Warehouse Space Available

      269,600 square foot warehouse space for lease in Krum, TX.
      2101 Fm 1173, Krum, TX 76249
      View Details
    • $2,000 /Mo
      500 SF

      Krum Office Space for Rent

      Office space with shared amenities in Krum, Texas.
      1720 Westminster St, Krum, TX
      View Details
    • $9 SF/Yr
      2,950 SF

      Krum Warehouse Space Available

      2,950 square feet of warehouse space for lease.
      15060 Us Highway 380, Krum, TX 76249
      View Details

    FAQs

    What type of property is this?
    Distribution center - New Industrial Park, Flexible Units
    Where is this distribution center located?
    The property is located at 16580 Us Highway 380 Krum, TX.
    What is the lease rate?
    The lease rate is $8-$10 SF/Yr.
    What are key features of this property?
    This property features: 6,000 SF total warehouse space available in a new industrial business park.; Multiple tenants, with spaces divisible down to 2,000 SF.; Maximum contiguous space available is 6,000 SF.
    (940) 400-7824 Call to check price and availability
    Request Owner's contact information
    16580 Us Highway 380 Krum, TX 76249
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16580 Us Highway 380
    Krum, TX 76249
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16580 Us Highway 380 Krum, TX 76249
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Withers
    John Withers
    Real Estate License ID: 557920
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!