1608 W Moore Avenue , Terrell, TX 75160
Terrell, TX 75160
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.
Details
| MLS# | 20321787 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 614 |
| Listing Provided By | RE/MAX Landmark | Frank Roberts |
Features
| SQ Feet | 21,056 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | Commercial Main |
| Acreage | 3.08 |
Market Activity 75160
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Learn More About This Property
| State | TX |
|---|---|
| County | Kaufman |
| City | Terrell |
| Zip Code | 75160 |
| Area | Kaufman |
| Community Name | Terrell Rev |
| Listing VS Median (in Terrell Rev) | |
Price: $3,900,000 low | high Med: $231,950 SqFt: 21,056 low | high Med: 1,297 $ / SqFt: $185 low | high Med: $179 On Site: 614 low | high Med: 137.500000 | |