$185.22 Per Sq Foot $22,144 est/mo Sourced by Back At You

1608 W Moore Avenue,Terrell, TX 75160

Terrell TX, 75160

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Description

Occupied by a new car dealership in Terrell, just 30 miles east of Dallas, this property presents a lucrative opportunity. Ideal for car or equipment dealerships, distribution centers, or retail ventures, it is strategically located at the major intersection of SH 205 and US Hwy 80. The building offers a service bay, showroom, parts department, offices, and ample parking. Recently renovated, it meets all Certificate of Occupancy guidelines set by the City of Terrell. Currently under a one-year lease to a Hyundai Dealer, the property is operating at approximately an 8% cap rate. Situated at a major highway intersection, this property ensures prime visibility and accessibility in a thriving area. The ongoing lease with a reputable tenant adds to the investment appeal, making it an ideal opportunity for those seeking a stable and income-generating commercial property in a strategic location.

Details

MLS#20321787
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1963
Days On Site372
Listing Provided ByRE/MAX Landmark | Frank Roberts

Features

SQ Feet21,056
Story(s)2
Units4
ZoningCommercial Main
Acreage3.08

Market Activity 75160

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 4 minutes ago
StateTX
CountyKaufman
CityTerrell
Zip Code75160
AreaKaufman
Community NameTerrell Rev
Listing VS Median (in Terrell Rev)
Price:
$3,900,000
low | high
Med:
$299,900
100% of Average
SqFt:
21,056
low | high
Med:
2,154
100% of Average
$ / SqFt:
$185
low | high
Med:
$139
74.830435921244% of Average
On Site:
372
low | high
Med:
96.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 9:52:30 AM PDT