Great investment property for sale, with a net operating income of roughly 113k, taxes being approximately 12K and Insurance being 4,200k. Cap Rate is 7.225%
Currently used by a mobile auto repair service. Contract expires in October 2026.
Basic Details
Property Type: Commercial Sale
Listing Type: For Sale
Listing ID: 20225120
Price: $1,550,000
Year Built: 2000
Lot Area: 2 Acre
Listing Status: Active Under Contract
Office Name: Hi View Real Estate
Agent Name: Oscar Reyes
Property Sub Type: Warehouse
Roof: Metal
Features
Heating SystemCentral,Electric
Cooling SystemCentral Air,Electric
ParkingDriveway
UtilitiesSeptic Available
FlooringConcrete
SewerAerobic Septic
Address Map
CountryUS
StateTX
CountyEllis
CityWaxahachie
Zipcode75165
Street: Highway 287
Street Number: 3838
Longitude: W97° 14' 9.3''
Latitude: N32° 19' 58.7''
Directions: From Waxahachie take highway 287 south to Ennis. Property will be on the Right.