34715 TX-249 Pinehurst, TX 77362
Auto shops
Property Features for 34715 TX-249
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 1.78 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing office RE/MAX Commercial Advisors Group (832) 560-2100
Listing date Sep 18, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Unrestricted 1.78 AC site with high visibility on SH 249.
- 4800 SF building with 3200 SF covered canopy, 3Ph power, shop air, and 6 bays with 12x12 grade‑level doors.
- No MUD tax and fully fenced.
Local Financial Insights For Retail
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 | $98.5k | $20.52 |
| − Vacancy | −$5.5k | −$1.15 |
| EGI | $93.0k | $19.37 |
| − OpEx | −$27.9k | −$5.81 |
| NOI | $65.1k | $13.56 |
Alternative Uses
Property Analytics
Current Use by Public Records
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