9701 E Highway 67 - Service FOR SALE


Alvarado, TX 76009
$1,800,000 USD
817-881-2662
9701 E Highway 67, Alvarado, TX for Sale
$1,800,000 USD
Service - FOR SALE
1/31
null | 7.33% Cap Rate

9701 E Highway 67
Alvarado, TX 76009


HIGHLIGHTS

  • 3-acre industrial / mixed-use property with multiple buildings and income streams
  • Over 300 feet of Highway 67 frontage providing exceptional visibility and access
  • Outside city limits with no zoning restrictions, allowing for broad use flexibility
  • Three buildings totaling diverse industrial and mixed-use space, including shop, warehouse, office, workshop, and residential components
  • Currently generating approximately $11,000/month gross income from 3 tenants, with upside for owner-occupancy or continued cash flow
  • Off of HWY-67 and minutes to I-35W & Highway 360 Expansion

OVERVIEW

Rare opportunity to own a 3-acre industrial investment / owner-user property in Alvarado, Texas, positioned outside city limits with no zoning restrictions and offering over 300 feet of Highway 67 frontage. This multi-building site is built for flexibility, cash flow, and long-term upside in one of the fastest-growing corridors in the area. The property includes three separate tenant-occupied buildings totaling a versatile mix of industrial, warehouse, office, workshop, and residential space. Improvements include a 6,592 +/- SF diesel mechanic shop, a 7,200 +/- SF warehouse with two 18-wheeler loading docks, and a 3,192 +/- SF two-story building featuring first-floor office space, an air-conditioned workshop/garage area, and a fully finished second-floor residential apartment. The site is currently occupied by three tenants producing approximately $11,000 per month in gross rental income, while still offering future flexibility for an owner-user or repositioning strategy. Strategically located in a booming growth path between Alvarado and Venus, this property is surrounded by major commercial and industrial momentum, with nearby users and developments including Starbucks, One9 Fuel Network, O’Reilly Auto Parts, McDonald’s, Charley’s Steak House, Google distribution, Target distribution, QT distribution, and significant residential expansion with thousands of acres of new housing planned nearby. As the surrounding rooftops and infrastructure continue to grow, demand for supporting industrial, service, logistics, repair, and contractor uses is expected to accelerate. With immediate income, strong frontage, no zoning limitations, and excellent accessibility just minutes from I-35W and the ongoing Highway 360 expansion toward Highway 67, this is a unique chance to secure a high-utility asset in a rapidly appreciating trade area.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Truck Terminal on HWY-67

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Manufacturing, Truck Terminal, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

No zoning restrictions

APN/PARCEL ID

126-0327-04390

ASK ABOUT THIS PROPERTY

Karam KhalilKhalil Real EstateMore Info
817-881-2662

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

Karam KhalilKhalil Real EstateMore Info
817-881-2662

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