Flex Space with Fitness and
New
For Sale
$1,975,000
911 W Holiday Drive, Fate, TX 75132
The building brings fitness, coffee, and bookstore concepts together in a single commercial property.
Property Size7,310 SF
Price / SF$270.18
Days on Market3
Property Features for 911 W Holiday Drive
General Information
Standard status
Active
Size
7,310 SF
Property subtype
Warehouse
Additional Details
Highway Access
Yes
Property Use
Fitness, Coffee, Bookstore
Taxes and HOA fees
Annual Taxes
$8,750
Building Details
Building Size
7,310 SF
Year Built
2000
Listing Agency:
Ebby Halliday, REALTORS
Listed By:
Kim Woodul · License #0737201
(214) 392-7303
Source:
Regalrealtors
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 4 at 7:22PM
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 Ebby Halliday, REALTORS
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 flex property in Fate currently combines fitness, coffee, and bookstore concepts within one building. The site encompasses almost 1 acre, offering a commercial property with several customer-facing uses already represented.
The property is on the Highway 66 corridor in Fate, near the Woodcreek residential area. Regional access connects the corridor to Interstate 30 and the eastern Dallas market.
The property is on the Highway 66 corridor in Fate, near the Woodcreek residential area. Regional access connects the corridor to Interstate 30 and the eastern Dallas market.
Key Highlights
- Almost 1 acre in Fate
- Current mix includes fitness, coffee, and bookstore concepts
- Located along the Highway 66 corridor, near Woodcreek and with regional access to Interstate 30
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,657
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,140
$1.7M
Cap Rate 7%
$1,195,100
$1.2M
Cap Rate 9%
$929,522
$929.5K
Market Conditions
NOI Build-Up for 7,310 SF
Gross rent
$140.4K $19.20/SF
− Vacancy
−$11.6K −$1.59/SF
EGI
$128.7K $17.61/SF
− OpEx
−$45.0K −$6.16/SF
NOI
$83.7K $11.44/SF
Area
Rockwall County, TX
Vacancy
8.30%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,140
Cap Rate 7%
$1,195,100
Cap Rate 9%
$929,522
Alternative Uses
Best Use
Flex RnD
$1.20M
$1.05M – $1.39M
NOI $83,657 @ 7.0% cap · market cap 4.24%
Second Best
Warehouse
$660.6K
$578.0K – $770.7K
NOI $46,240 @ 7.0% cap · market cap 2.34%
Theoretical Best
Hotel Hospitality
$5.51M
$4.82M – $6.42M
NOI $385,420 @ 7.0% cap · market cap 19.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75132, TX
135
Population
27
Households
5
Avg Household Size
35
Median Age
0.1 sq mi
ZIP Area
1,350
Density / Sq Mi
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
Frequently Asked Questions
What type of property is this?
Flex space - The building brings fitness, coffee, and bookstore concepts together in a single commercial property.
Where is this flex space located?
The property is located at 911 W Holiday Drive Fate, TX.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Almost 1 acre in Fate; Current mix includes fitness, coffee, and bookstore concepts; Located along the Highway 66 corridor, near Woodcreek and with regional access to Interstate 30
