15602 State Highway 160 - Warehouse FOR SALE


Blue Ridge, TX 75424
$2,320,000 USD
972-365-3938
15602 State Highway 160, Blue Ridge, TX for Sale
$2,320,000 USD
Warehouse - FOR SALE
1/18
null | 5.2% Cap Rate

15602 State Highway 160
Blue Ridge, TX 75424


HIGHLIGHTS

  • Completely fenced and Gated
  • All buildings are leased 2-3 years. 5 Tenants in place
  • Additional space for a new building or parking. Currently leased for parking and storage.

OVERVIEW

Great investment opportunity! Instant rental income of 11,100 monthly. Fenced and gated. 4 acres with road frontage on Highway 160. There are 3 separate shops built in 2019, 2021 and 2024. All shops have offices, bathrooms and warehouse space. Shop 1 is 2400 sqft with 1 tenant, Shop 2 is 3200 sqft with 1 tenant and Shop 3 is 5000 sqft. Shared space with 2 tenants. There is room for an additional shop or more parking with highway road frontage. Outside city limits. Close to shopping and restaurants. 10 minutes from Melissa and Anna area. 30 minutes from Mckinney. One hour from the DFW International Airport. New Survey available.

FOR SALE DETAILS

PRICE

$2,320,000 USD

PRICE/SF

$725 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15602 State Highway 160

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

Lighting - Halogen, Gas - Propane, Water - County, Sewer - Septic Field, Heating - Electric

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

-

APN/PARCEL ID

R-6887-000-0100-1

ASK ABOUT THIS PROPERTY

Jennifer BoydSarah Boyd & CompanyMore Info
972-365-3938

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Jennifer BoydSarah Boyd & CompanyMore Info
972-365-3938

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.