Mabank Commercial Property with Versatile
920 W Mason Street Mabank, TX 75147
For Sale
$999,000
1.65-acre property with 5 buildings and roll-up doors.
Property Size17,446 SF
Lot Size1.65 Acres
Price / SF$57.26
Days on Market95
Property Features for 920 W Mason Street
General Information
- Standard status
- Active
- Size
- 17,446 SF
- Lot size
- 1.65 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing Agency:
Coldwell Banker American Dream
(214) 803-2289
Listed By:
Robert Blaase · License #0393397
(903) 887-7055
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 24 at 4:25PM
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 Coldwell Banker American Dream
Investment Insights
Based on property information with market context.
This 1.65-acre commercial property is located in Mabank, Texas, offering convenient access to Hwy 175. The property includes 5 buildings, totaling 17,446 square feet. Each building is equipped with roll-up doors, providing versatile options. Building 1 features 2 spaces with roll-up doors, Building 2 contains 6 spaces with roll-up doors, Building 3 offers 4 spaces with roll-up doors, and Buildings 4 and 5 each have 1 space with a roll-up door. This property is suitable for various business needs.
Key Highlights
- Prime location in the heart of Mabank.
- Convenient access, just minutes from Hwy 175.
- Large 1.65‑acre property.
Financial Insights For Industrial
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 | $142.4k | $8.16 |
| − Vacancy | −$13.0k | −$0.74 |
| EGI | $129.4k | $7.42 |
| − OpEx | −$38.8k | −$2.23 |
| NOI | $90.6k | $5.19 |
17,446 SF · lease $8.16/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$2.62M
$2.30M – $3.06M
NOI $183,706 @ 7.0% cap · market cap 18.39%
Second Best
Warehouse
$1.55M
$1.36M – $1.81M
NOI $108,663 @ 7.0% cap · market cap 10.88%
Theoretical Best
Office A
$6.14M
$5.37M – $7.16M
NOI $429,590 @ 7.0% cap · market cap 43.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - 1.65-acre property with 5 buildings and roll-up doors.
Where is this flex space located?
The property is located at 920 W Mason Street Mabank, TX.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Prime location in the heart of Mabank.; Convenient access, just minutes from Hwy 175.; Large 1.65‑acre property.
