2407 & 2411 N Preston Street, Ennis, TX 75119
Warehouse and industrial property available for sale in Ennis, Texas.
- Added:
- Jul 20, 2023
- Days on Market:
- 1056
- Last Refresh:
- May 12 at 9:43 pm
Property Features for 2407 & 2411 N Preston Street
General Information
- Standard status
- Active
- Size
- 66,500 SF
- Property subtype
- Industrial
Listing agent David Jackson License #0276047
Listing office The Jackson Company
Listing date Jul 20, 2023
Source Crexi
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 The Jackson Company
HighLights
- No property information provided.
Overview
Local 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 | $598.5k | $9.00 |
| − Vacancy | −$54.5k | −$0.82 |
| EGI | $544.0k | $8.18 |
| − OpEx | −$81.6k | −$1.23 |
| NOI | $462.4k | $6.95 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- The Storage Center — 3000 NE Main St, Ennis, TX 75119
- Ideal Self Storage - Ennis — 2312 N Preston St, Ennis, TX 75119
- Preston Self Storage — 2408 N Preston St, Ennis, TX 75119
- Go Store It Self Storage — 2501 N Kaufman St, Ennis, TX 75119
Location Insight
- Map
- Local Demand
- City
- Ennis
- County
- Ellis
- State
- Texas
- Longitude
- -96.6461939
- Latitude
- 32.347233
