102 Gray St Henderson, TX 75652
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.
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Kenneth Orr Construction Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.