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    5570 Us 82 Highway

    Gainesville, TX 76240
    • $650,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 14434374
    UPDATED: 72 min ago
    $650,000
    • 0
      BEDS
    • 5.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2018
    County:
    Area:

    School Ratings & Info

    Offered by Cole Frazier of Frazier Group Property Management.

    Description

    There are 3 homes and an efficiency that are currently leased to happy, long-term tenants. Aircraft Hardware West leases 2 of 3 suites in warehouse until Aug. 2025. Separate electric meters for all homes and warehouse suites. LL pays water, sewer, and trash. Existing homes can be demolished and raw land can be developed to expand the business park. The existing septic system can support two (2) more warehouse buildings. Proforma provided at request. This property is outside city limits, allowing a wide range of permitted uses.

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    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Star Team | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Star Team | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-25T19:40:53.773.
    www.viewhomesindallas.com/homes/110027191
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    5570 Us 82 Highway Gainesville, TX 76240

    • Price: $650,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 14434374
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.87
    Acres
    2018
    Built
    Neighborhood:
    Se1 Subsets
    County:
    Cooke
    Area:
    Cooke County
    Property Description
    There are 3 homes and an efficiency that are currently leased to happy, long-term tenants. Aircraft Hardware West leases 2 of 3 suites in warehouse until Aug. 2025. Separate electric meters for all homes and warehouse suites. LL pays water, sewer, and trash. Existing homes can be demolished and raw land can be developed to expand the business park. The existing septic system can support two (2) more warehouse buildings. Proforma provided at request. This property is outside city limits, allowing a wide range of permitted uses.
    Exterior Features

    Construction Materials Walls Metal Foundation Slab Parking Or Garage Common LotFront Road Frontage Type U.S. Highway Roof Metal Topography BrushLevel

    Interior Features

    Ceiling Height 11 To 14 Feet Commercial Features Multi-User Flooring Concrete Heating Central Air-ElecCentral Heat-ElecWindow Unit Sq Ft Building 3600 Sq Ft Gross 8291 Sq Ft Leasable 8291

    Property Features

    Building Area Source Building Plan Building Use IndustrialOffice/Warehouse Commercial Zoning None Construction Status Preowned Gross Annual Expenses 16209 Gross Annual Income 78060 Inclusions Land & Improvements Income Expense Source Proforma/Projected Leasable Spaces 7 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 61851 Occupancy Rate 86 Owner Pays ManagementWater/Sewer/Trash Possession Closing/Funding Property Type Com-Sale Tenant Pays ElectricYard Care Total Annual Expenses Include InsuranceMaintenanceManagementTaxesWater/Sewer/Trash Utilities Aerobic SepticCity WaterConcreteGravel/RockIndividual Water MeterOutside City LimitsSeptic Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Star Team | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Star Team | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-25T19:40:53.773.
     
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    The Star Team | JP & Associates Realtors
    2615 E. Southlake Blvd., Suite 150
    Southlake TX, 76092
    Offered by Cole Frazier of Frazier Group Property Management.