5716 N 287, Alvord, TX 76225
Office setup with shop building and ample parking available.
- Added:
- May 2, 2024
- Days on Market:
- 775
- Last Refresh:
- May 12 at 8:38 pm
Property Features for 5716 N 287
General Information
- Standard status
- Active
- Size
- 4,320 SF
- Property subtype
- Office
Listing agent Cheryl Hale License #TX
Listing office CENTURY 21 Sue Ann Denton, Inc.
Listing date May 2, 2024
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 CENTURY 21 Sue Ann Denton, Inc.
HighLights
- Office setup with shop building
- Plenty of parking
- Boasting 551.46 ft of highway frontage
- Located right off of 287
- Ideal for business use
- Perfect spot for your business
Overview
Local Financial Insights For Office B
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 | $30.72 |
| − Vacancy | −$36.4k | −$8.42 |
| EGI | $96.3k | $22.30 |
| − OpEx | −$24.1k | −$5.58 |
| NOI | $72.3k | $16.73 |
Alternative Uses
Current Use by Public Records
Map
- City
- Alvord
- County
- Wise
- State
- Texas
- Longitude
- -97.6575
- Latitude
- 33.3843
