Retail/Showroom/Warehouse For
303 US-80 Forney, TX 75126
303 US-80, Forney, TX, 75126
Contact for pricing
For Sale
Contact for pricing
Retail, showroom, and warehouse property available for purchase.
Property Size61,296 SF
Price / SF$97.89
Days on Market920
Property Features for 303 US-80
General Information
- Standard status
- Active
- Size
- 61,296 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing Agency
MST Commercial Real Estate
Listed by
Mitchell S. Terry · License #TX
Source
Crexi
Added: Jan 9, 2024 Checked: Jul 16 at 5:38 am
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.
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 | $551.7k | $9.00 |
| − Vacancy | −$50.2k | −$0.82 |
| EGI | $501.5k | $8.18 |
| − OpEx | −$75.2k | −$1.23 |
| NOI | $426.2k | $6.95 |
61,296 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
FAQs
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.
