$390,000
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1.66 Acres Lot
SOLD DATE : 08/17/2022
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision William Murray Survey A-607
MLS Listing ID 20142862
Sold Date 08/17/22
Total Fin. Sqft 60113
Year Built 1990
Annual Tax Amount $3,611
Lot Size 1.660 Acres
Acres 1.66
Property Description
HUGE PRICE REDUCTION !!! FANTASTIC COMMERCIAL LOCATION IN THE HEART OF THE SCHOOL DISTRICT !!! Three metal buildings, currently leased, have incredible potential!A fantastic cap rate at 7.4 % !! All on 1.28 acre, there is more room to expand and build on the property. A great income producer or place for your business! Overview pictures show location relative to Dollar General, Roths, La Pradera, Brookshires & Wills Point Hardware! Also adjacent to the high school & directly across from the intermediate school campus. Highly visible on one of the major arteries to Interstate 20. Bldg 1 is 2772 sq ft; Bldg 2 & 3 are 1728 sq ft each. Also producing income are donation kiosks on the property.
Location
State TX
County Van Zandt
Zoning COM
Direction From Hwy 80 in Wills Point, go south on FM 2965 about a block, property on right.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Metal
Garage No
Building
Lot Description Level
Foundation Slab
Structure Type Metal Siding
Others
Ownership Wingo
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Sherry Scott Moore • Century 21 NexGen Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "