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1024 Us-377 #A
About This Property
Positioned directly on highly traveled US 377, this versatile industrial property offers approximately 9,200 square feet of warehouse, office, and flex space in one of North Texas fastest growing markets. The property consists of two connected buildings creating a seamless and efficient layout ideal for manufacturing, distribution, service operations, storage, or owner occupant use.
The front office area features a spacious reception or conference room, two private offices, and a half bath with direct access to the warehouse. The warehouse space is designed for functionality with multiple ground level overhead doors, abundant natural light, a second half bath, 13 foot ceilings, and ample onsite parking for employees, customers, and fleet vehicles.
Major capital improvements were completed in 2020, including a new roof, updated walls, HVAC system for the office area, and upgraded electrical systems, providing peace of mind and reducing future maintenance costs.
With exceptional visibility, easy access, and a strategic location along the rapidly expanding US 377 corridor, this property offers a rare opportunity for investors, business owners, and companies seeking a high profile industrial presence in the thriving Pilot Point market.
Whether expanding operations, establishing a regional hub, or securing a valuable investment asset, this property delivers the flexibility, infrastructure, and location needed to support long term growth.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2026 | Listed by Keller Williams Realty | $2,500,000 | |
| Listed by Keller Williams Realty | |||
| Dec 17, 2025 | No longer available | - | |
| No longer available | |||
| Jun 17, 2025 | Price Decreased |
$2,000,000
↓ $500K
(20%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed by Hall Real Estate | $2,500,000 | |
| Listed by Hall Real Estate | |||
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9,200 sqft of Industrial, Warehouse, Office Space for sale directly on the booming city of Pilot Point, TX. This is two large buildings that are connected, making it one large warehouse space. Front office has one large great room, one half bath, two offices that have access into the warehouse. There are multiple ground level garage doors, windows, a second half bath, 13' ceilings and plenty of parking. New Roof, walls, AC, Heat in office, electrical all done in 2020.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
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02/03/2025
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Loft
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$2,500,000
Loft
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Ben Schoenthal
KELLER WILLIAMS REALTY
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017