Highway Commercial Property in Terrell,
94 N State Highway 205, Terrell, TX 75160
- Added:
- May 7, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 2 at 11:06 pm
Property Features for 94 N State Highway 205
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway, Parking Lot, Open
- Standard status
- Active
- APN
- 50331
- Size
- 3,840 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Description
- RANDALL NOE ADDITION BLOCK 1 LOT 2
- Tax Annual Amount
- 11154
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1999
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick, Block
- Roof type
- Metal
Listing agent Frank Roberts License #0524424 (972) 524-2525
Listing office RE/MAX Landmark Terrell, TX (972) 524-2525
Listing date May 7, 2026
MLS# 20887422
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location on State Highway 205 with excellent visibility.
- Located across from Walmart and Tractor Supply, near McDonald’s, Arby’s, and CVS.
- 3,840 SF building with open, flexible layout ready for custom finish‑out.
- Commercial drive‑thru lane and grade‑level overhead door for shipping/receiving.
- Located in one of the fastest‑growing counties in the U.S.
- Zoned Highway Corridor, ideal for retail or office use.
Overview
This commercial property is located on State Highway 205 in Terrell, TX. The 3,840 square foot building features an open, flexible layout. The property is positioned across from Walmart and Tractor Supply, and near McDonald’s, Arby’s, and CVS, providing visibility and accessibility. The building includes a commercial drive-thru lane and a grade-level overhead door in the rear for shipping and receiving. Situated in a rapidly expanding market within one of the fastest-growing counties in the U.S., the 0.447-acre property is zoned Highway Corridor, making it suitable for retail or office use.
Local Financial Insights For Office B
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 | $118.0k | $30.72 |
| − Vacancy | −$29.8k | −$7.77 |
| EGI | $88.1k | $22.95 |
| − OpEx | −$22.0k | −$5.74 |
| NOI | $66.1k | $17.21 |
3,840 SF · lease $30.72/SF/yr · vacancy 25.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$944.1K
$826.1K – $1.10M
NOI $66,090 @ 7.0% cap · market cap 6.01%
Second Best
Retail
$915.3K
$800.9K – $1.07M
NOI $64,073 @ 7.0% cap · market cap 5.82%
Theoretical Best
Multifamily LT 5
$48.33M
$42.29M – $56.38M
NOI $3,382,969 @ 7.0% cap · market cap 307.54%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Terrell
- County
- Kaufman
- State
- Texas
- Longitude
- -96.302907
- Latitude
- 32.738999
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - 3,840 SF commercial building on high-traffic highway, ready for finish-out.
Where is this storefront property located?
The property is located at 94 N State Highway 205 Terrell, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High‑traffic location on State Highway 205 with excellent visibility.; Located across from Walmart and Tractor Supply, near McDonald’s, Arby’s, and CVS.; **3,840 SF building with open, flexible layout ready for custom finish‑out.**
