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Property profile & analytics
OFF-MARKET
Office Units

102 Gray St Henderson, TX 75652

5,200 SF
Property ID
US82-6463151
Property summary
AI-generated overview

KW Commercial is pleased to offer for sale a unique, mixed-use opportunity in Henderson, TX. Located on the west edge of Downtown Henderson, this mixed-use property is comprised of an office/warehouse and two efficiency apartments. The office/warehouse is currently owner-occupied by a local construction company. Accented by old hardwood floors, the office has a reception area, two private offices and a breakroom. The warehouse portion of the building has semi-dock loading accessed by a rollup door, where the owner stores construction materials, tools and supplies. At the rear of the building, there is another rollup door between the apartments, which also provides semi-dock loading; however, this area is currently used as garage parking for one of the efficiency apartment tenants. Measuring 600 SF and 700 SF, the apartments are nicely built, each having a bathroom and kitchen. To maximize space inside the units, the tenants share a laundry room. This opportunity is perfect for an owner/user looking for additional income from the two apartments, or an investor simply interested in leasing the office/warehouse and two apartments. In addition, with Henderson having a bustling little downtown, a new owner could potentially lease the apartments on a short-term basis to visitors looking for a getaway in a picturesque downtown community in East Texas. For additional information, or to schedule a tour, please contact the listing agents.

Property profile
Verified
Property type Office Units
Total area 5,200 SF
UPID US82-6463151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kenneth Orr Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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