Industrial Property in Justin,
9717 Industrial Rd, Justin, TX 76247
For Sale
Contact for pricing
Pending
13,736 SqFt industrial property available for sale.
Property Size13,736 SF
Days on Market255
Property Features for 9717 Industrial Rd
General Information
Standard status
Size
Class
Property subtype
Zoning
Lease Type
Investment Type
Building Details
Buildings
Stories
Units
Tenancy
Listing Agency:
Ebby Halliday Real Estate
Listed By:
Courtney Moeller · License TX #755436
(972) 948-6562
Source:
Crexi
Added: Mar 3
Changed: Aug 8
Last Checked: Aug 8 at 2:56PM
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 Ebby Halliday Real Estate
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Investment Insights
Based on property information with market context.
This industrial property, encompassing 13,736 square feet, is available for sale. It is located in Justin, Texas.
Key Highlights
- Industrial Property
- 13,736 SqFt of space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,503
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,410,060
$1.4M
Cap Rate 7%
$1,007,186
$1.0M
Cap Rate 9%
$783,367
$783.4K
Market Conditions
NOI Build-Up for 13,736 SF
Gross rent
$110.4K $8.04/SF
− Vacancy
−$9.7K −$0.71/SF
EGI
$100.7K $7.33/SF
− OpEx
−$30.2K −$2.20/SF
NOI
$70.5K $5.13/SF
Area
Denton County, TX
Vacancy
8.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,410,060
Cap Rate 7%
$1,007,186
Cap Rate 9%
$783,367
Alternative Uses
Best Use
Mixed Use
$2.65M
$2.32M – $3.09M
NOI $185,436 @ 7.0% cap · market cap 13.25%
Second Best
Industrial
$1.01M
$881.3K – $1.18M
NOI $70,503 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$4.83M
$4.23M – $5.64M
NOI $338,235 @ 7.0% cap · market cap 24.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 76247, TX
17,178
Population
6,610
Households
2.6
Avg Household Size
36
Median Age
34%
College-Educated
97%
High-School Grad
74.4 sq mi
ZIP Area
231
Density / Sq Mi
$123,173
Median Household Income
$61,878
Median Earnings
$2,070
Median Rent
$372,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Denton County, TX
Properties on Market for Industrial properties in Denton County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - 13,736 SqFt industrial property available for sale.
Where is this industrial property located?
The property is located at 9717 Industrial Rd Justin, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Industrial Property; 13,736 SqFt of space
