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$4,750,000
Est. payment /mo
7.52 Acres Lot
UPDATED:
12/08/2024 09:10 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision J Rendon Surv Abs #1263
MLS Listing ID 20792928
Total Fin. Sqft 36000
Year Built 2024
Annual Tax Amount $40,000
Lot Size 7.520 Acres
Acres 7.52
Lot Dimensions 725X505
Property Description
Amazing Opportunity to purchase a New Construction Industrial Park Inside the DFW Metroplex! Strong 8.3% Cap Rate, with huge Value-Add potential through further expansion capabilities. Great Owner User Opportunity with established In-Place Cash Flow. Building #1 is 18,000SF and is 100% leased to 5 tenants. Building #2 is 18,000SF and currently under construction, with an estimated delivery of January 2025. Out of the city limits with NO Zoning or known restrictions, allows for infinite possibilities. Located In the County but still very central within the DFW Metroplex with convenient access to close by highways. High Grade Steel Construction with 6 inch Reinforced Concrete Slabs, 3 Phase Power, 8 inch Main Water Line with Fire Hydrants, Fire Sprinkler Suppression Systems, Spray Foam Insulation, 20 foot Ceiling Clear with 24 foot Center Height, and 16x14 Roll Up Doors. 1031 your money and come enjoy strong cashflows and assured future appreciation!
Location
State TX
County Tarrant
Zoning No Zoning
Direction From 1187 West, turn left on Rendon Rd, Property is on the right behind Rendon Meats
Interior
Heating Other
Cooling Other
Flooring Concrete
Heat Source Other
Exterior
Utilities Available City Water, Septic
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Concrete,Metal Siding
Others
Ownership refer to broker
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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©2024 North Texas Real Estate Information Systems.
Listed by Andrue Rountree • Live Oak Brokerage Group
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