Retail/Showroom/Warehouse For
For Sale
Contact for pricing
303 US-80, Forney, TX 75126
Retail, showroom, and warehouse property available for purchase.
Property Size61,296 SF
Price / SF$97.89
Days on Market966
Property Features for 303 US-80
General Information
Standard status
Active
Size
61,296 SF
Property subtype
Retail
Zoning
General Retail
Investment Type
Owner/User
Building Details
Year Built
1970
Buildings
1
Stories
1
Listing Agency:
MST Commercial Real Estate
Listed By:
Mitchell S. Terry · License #TX
Source:
Crexi
Added: Jan 9, 2024
Changed: Aug 13
Last Checked: Aug 31 at 11:27PM
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 MST Commercial Real Estate
Investment Insights
Based on property information with market context.
This property is suitable for retail, showroom, and warehouse use. The property offers a total size of 61296 square feet.
Key Highlights
- Retail/Showroom/Warehouse space available, offering versatile property use.
- Established building (Year Built: 1970) adaptable for various business needs.
- Benefit from potential for high visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$426,243
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,524,860
$8.5M
Cap Rate 7%
$6,089,186
$6.1M
Cap Rate 9%
$4,736,033
$4.7M
Market Conditions
NOI Build-Up for 61,296 SF
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.
Gross rent
$551.7K $9.00/SF
− Vacancy
−$50.2K −$0.82/SF
EGI
$501.5K $8.18/SF
− OpEx
−$75.2K −$1.23/SF
NOI
$426.2K $6.95/SF
Area
Kaufman County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,524,860
Cap Rate 7%
$6,089,186
Cap Rate 9%
$4,736,033
Alternative Uses
Best Use
Retail
$14.61M
$12.78M – $17.05M
NOI $1,022,770 @ 7.0% cap · market cap 17.05%
Second Best
Warehouse
$6.09M
$5.33M – $7.10M
NOI $426,243 @ 7.0% cap · market cap 7.10%
Theoretical Best
Multifamily LT 5
$771.44M
$675.01M – $900.01M
NOI $54,000,641 @ 7.0% cap · market cap 900.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75126, TX
64,573
Population
24,316
Households
2.7
Avg Household Size
32
Median Age
36%
College-Educated
92%
High-School Grad
81.6 sq mi
ZIP Area
791
Density / Sq Mi
$104,001
Median Household Income
$55,453
Median Earnings
$1,930
Median Rent
$337,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- C & L Floors — 203 E US Hwy 80, Forney, TX 75126
Frequently Asked Questions
What type of property is this?
Showroom - Retail, showroom, and warehouse property available for purchase.
Where is this showroom located?
The property is located at 303 US-80 Forney, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Retail/Showroom/Warehouse space available, offering versatile property use.; Established building (Year Built: 1970) adaptable for various business needs.; Benefit from potential for high visibility.
