Palmview Warehouse on 2
914 W Veterans Boulevard Palmview, TX 78574
For Sale
Contact for pricing
4,200 sq ft warehouse on 2-acre lot in Palmview, TX.
Property Size4,200 SF
Lot Size2.00 Acres
Price / SF$130.95
Days on Market801
Property Features for 914 W Veterans Boulevard
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Lot size
- 2.00 Acres
- Property subtype
- Land
Building Details
- Year Built
- 1988
Listing Agency:
Capital Advisors Real Estate Group
Listed By:
Jesus Gonzalez · License #787041
Source:
Crexi
Added: May 17, 2024
Changed: Jul 10
Last Checked: Jul 24 at 4:54PM
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 Capital Advisors Real Estate Group
Investment Insights
Based on property information with market context.
Located in Palmview, Texas, this commercial property features a 4,200 square foot warehouse on a 2-acre lot. The property offers potential for various business ventures. This expansive warehouse is presented as a space ready for transformation, suitable for expanding existing operations or starting new businesses.
Key Highlights
- Expansive 4,200 sq ft warehouse space.
- Large 2‑acre lot.
- Prime commercial property location in Palmview, Texas.
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 | $33.8k | $8.04 |
| − Vacancy | −$2.2k | −$0.52 |
| EGI | $31.6k | $7.52 |
| − OpEx | −$4.7k | −$1.13 |
| NOI | $26.8k | $6.39 |
4,200 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$383.4K
$335.5K – $447.3K
NOI $26,837 @ 7.0% cap · market cap 4.88%
Second Best
Industrial
$315.7K
$276.3K – $368.4K
NOI $22,101 @ 7.0% cap · market cap 4.02%
Theoretical Best
Hotel Hospitality
$3.16M
$2.77M – $3.69M
NOI $221,445 @ 7.0% cap · market cap 40.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Warehouse - 4,200 sq ft warehouse on 2-acre lot in Palmview, TX.
Where is this warehouse located?
The property is located at 914 W Veterans Boulevard Palmview, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Expansive 4,200 sq ft warehouse space.; Large 2‑acre lot.; Prime commercial property location in Palmview, Texas.
