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    Flex Warehouse Space Title is generated by Realmo AI

    9020 S State Highway 121, Trenton, TX 75418

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    Claim this Listing
    For Lease
    $1,400/Mo $3 SF/Yr (calc)

    COMMERCIAL - Trenton, TX

    Property size:
    4,800 SF
    Lot size:
    0.16 Acres
    Added:
    Feb 23, 2026
    Days on Market:
    99
    Last Refresh:
    Jun 2 at 11:06 pm

    Property Features for 9020 S State Highway 121

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    Under Construction
    Parking features
    Parking Lot, Assigned
    Standard status
    Active
    APN
    138253
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Aerobic Septic, Septic Tank

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    8
    Flooring type
    Concrete
    Building materials
    MetalSiding, Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Maureen Henderson

    Listing agent Maureen Henderson License #0708946

    Listing office Fathom Realty LLC Colleyville, TX

    Listing date Feb 23, 2026

    MLS# 20846985

    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.

    HighLights

    • New 2025 flex warehouse construction (phase one completed) with parking lot and assigned parking
    • 18–20 ft ceiling heights and foam‑insulated warehouse spaces
    • 12 ft wide x 14 ft height roll‑up doors and an ADA‑compliant bathroom
    • Units can be divided for flexible sizes: 4,800 sf ($4,800), 3,600 sf ($4,000), 2,400 sf ($2,800), or 1,200 sf ($1,400)
    • Utilities included: electric, water, sewer, trash, and high‑speed internet
    • Septic services include aerobic septic and a septic tank

    Overview

    Newly constructed flex warehouse space on Highway 121 offers foam-insulated warehouse interiors and ceiling heights ranging from 18 to 20 feet. The property includes ADA-compliant bathrooms and multiple 12' wide by 14' height roll-up doors, supporting practical warehouse access and daily operations. Each unit is designed to be flexibly divided, with options described as 4,800 square feet, 3,600 square feet, 2,400 square feet, or 1,200 square feet to accommodate changing space needs.

    Located on S State Highway 121 in Trenton, Texas, the property is positioned for straightforward highway visibility and convenient drive-up access. Phase one is completed, with the owner indicating willingness to build to suit, which can be useful for tenants seeking a tailored layout within a flex warehouse framework.

    This configuration is well suited for light industrial users and logistics-oriented operations that benefit from insulated storage space, roll-up door access, and flexible suite sizing. The listed terms include rent lock provisions for an initial period, and the inclusion of electric, water, sewer, trash, and high-speed internet can help streamline monthly budgeting for tenants as they launch or scale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Fannin
    State
    Texas
    Longitude
    -96.2748517
    Latitude
    33.4695771

    Nearby Similar for Lease

    • $2,800/Mo

      Flex Warehouse with Roll-Up Doors

      Newly constructed, insulated flex warehouse space on Highway 121 with ADA restrooms and multiple roll-up door options.
      9020 S State Highway 121, Trenton, TX 75418
      View Details
    • $4,000/Mo

      Flex Warehouse Space with Roll-Up Doors

      Newly constructed flex warehouse units on Highway 121 offer insulated space, roll-up doors, and utilities included for flexible operations.
      9020 S State Highway 121, Trenton, TX 75418
      View Details
    • $4,800/Mo

      Highway 121 Flex Warehouse Space

      Newly constructed flex warehouse space on Highway 121 in Trenton.
      9020 S State Highway 121, Trenton, TX 75418
      View Details
    • $4,000/Mo
      3,600 SF

      Highway 121 Flex Warehouse Space

      Newly constructed flex warehouse space with utilities included on Highway 121.
      9020 S State Highway 121 #2, Trenton, TX 75418
      View Details

    FAQs

    What type of property is this?
    Flex space - Newly constructed flex warehouse units with insulated ceilings and high-speed utilities included for flexible tenant sizing.
    Where is this flex space located?
    The property is located at 9020 S State Highway 121 Trenton, TX.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: New 2025 flex warehouse construction (phase one completed) with parking lot and assigned parking; 18–20 ft ceiling heights and foam‑insulated warehouse spaces; 12 ft wide x 14 ft height roll‑up doors and an ADA‑compliant bathroom
    (888) 455-6040
    We can help!
    Listing Contact
    Maureen Henderson
    Real Estate License ID: 0708946
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    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.

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    9020 S State Highway 121, Trenton, TX 75418
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