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1608 W Moore Avenue, Terrell, TX 75160
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$3,900,000
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Home Details for 1608 W Moore Avenue
Price
$3,900,000
Type
Commercial/Industrial
Year Build
1963
Sq. Ft.
28420
Lot Size
3.081
County
Kaufman
Tax
$29,106
MLS®️ Listing#
20321787
On exitrealty.com
572 days
Property Description
Located in Opportunity Zone: 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.
- Parking
- Asphalt
- Garage
- Garage Door Opener
- Garage Faces Front
- Open
- Paved
- Cooling Information
- Central Air
- Heating Information
- Electric
- Water Features
- Public
- Utilities
- Electricity Connected
Listing courtesy: RE/MAX Landmark - 972-551-4014. Presented by: Frank Roberts
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided through IDX by the North Texas Real Estate Information Systems (NTREIS).
Last Updated: 2024-12-11 04:49:10
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Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
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