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 Market1011
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: Oct 3
Last Checked: Oct 16 at 9:33AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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 / Yr
$426,243
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
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
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 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.
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Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Dearmond Carpet & Flooring LLC — 216 amherst dr, forney, tx 75126
- Texas Hometown Floors — 100 W Broad St suite b, Forney, TX 75126
- Schindler Carpet & Floors Design Center — 16 Mustang Ct, Forney, TX 75126
- 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.
