Mixed-Use Property with
For Sale
$1,999,999
9474 HWY 175, Kemp, TX 75143
CommercialSale, Kemp, TX
Property Size20,568 SF
Lot Size6.00 Acres
Price / SF$97.24
Days on Market139
Property Features for 9474 HWY 175
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Outside City Limit
Parking features
Covered, Secured, Garage, Oversize, Gated, RV, Parking Lot
Security features
Security
Lot features
Acreage, Pasture, Historic District, Level
Directions
From Kemp, head SW on E 9th St toward N Elm St State Loop 346. Turn right onto US-175 BUS W N Elm St. State Loop 346 and continue for 1.0 mile. Turn left onto US-175 W. Make a sharp left onto US-175 E and continue for 0.6 miles. Turn right onto the restricted-usage road, destination on right
Standard status
Active
APN
8626
Size
20,568 SF
Lot size
6.00 Acres
Taxes and HOA fees
Tax Description
CYRENA KENADY, TRACT 139.01; 1.0 ACRES
Tax Annual Amount
991
Legal Description
CYRENA KENADY, TRACT 139.01; 1.0 ACRES
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1990
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
RE/MAX Landmark Rose · RE/MAX International
(903) 567-3100
Listed By:
Delanee Clark · License #0710720
(972) 524-2525
Added: Jun 17
Changed: Oct 24
Last Checked: Nov 2 at 3:06AM
MLS# 21124667
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.
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Investment Insights
Based on property information with market context.
This 20,568-square-foot mixed-use property combines updated office and showroom space with a rear warehouse. The office area includes reception space, private offices, restrooms, and open workspace. Multiple oversized roll-up doors serve the warehouse, and additional interior rooms offer flexible work areas. Central heating and air conditioning serve the building, which was constructed in 1990.
The property occupies 6 acres with frontage on US 175, outside Kemp city limits. TXDOT reports average daily traffic of 22,352 vehicles on the highway. More than an acre of the site is paved for parking and yard use, and dual entrances provide separate points of access. Covered, gated, and secured parking features are also present.
The property occupies 6 acres with frontage on US 175, outside Kemp city limits. TXDOT reports average daily traffic of 22,352 vehicles on the highway. More than an acre of the site is paved for parking and yard use, and dual entrances provide separate points of access. Covered, gated, and secured parking features are also present.
Key Highlights
- 20,568‑square‑foot building on 6 acres
- Office and showroom improvements alongside a rear warehouse
- More than an acre of concrete parking and yard space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,027
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,860,540
$2.9M
Cap Rate 7%
$2,043,243
$2.0M
Cap Rate 9%
$1,589,189
$1.6M
Market Conditions
NOI Build-Up for 20,568 SF
Gross rent
$185.1K $9.00/SF
− Vacancy
−$16.8K −$0.82/SF
EGI
$168.3K $8.18/SF
− OpEx
−$25.2K −$1.23/SF
NOI
$143.0K $6.95/SF
Area
Kaufman County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,860,540
Cap Rate 7%
$2,043,243
Cap Rate 9%
$1,589,189
Alternative Uses
Best Use
Mixed Use
$3.02M
$2.65M – $3.53M
NOI $211,722 @ 7.0% cap · market cap 10.59%
Second Best
Warehouse
$2.04M
$1.79M – $2.38M
NOI $143,027 @ 7.0% cap · market cap 7.15%
Theoretical Best
Multifamily LT 5
$258.86M
$226.50M – $302.00M
NOI $18,120,027 @ 7.0% cap · market cap 906.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 75143, TX
15,349
Population
7,088
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
86%
High-School Grad
181.9 sq mi
ZIP Area
84
Density / Sq Mi
$68,996
Median Household Income
$41,273
Median Earnings
$1,163
Median Rent
$173,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, showroom, and warehouse areas support a range of commercial operations.
Where is this mixed-use property located?
The property is located at 9474 HWY 175 Kemp, TX.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 20,568‑square‑foot building on 6 acres; Office and showroom improvements alongside a rear warehouse; More than an acre of concrete parking and yard space
