Address
1608 W Moore Avenue, Terrell, TX
Price
$ 3,900,000
Property Attributes
- MLS#20321787
- TypeCommercial
- CountyKAUFMAN
- CityTerrell
- NeighborhoodTerrell Rev
- Zip75160
- StyleRetail
- Year Built1963
- Taxes$ 29106
- Price$ 3,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3.081 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Price History | |
|---|---|
| 5/23/2023 | Listed $3,900,000 |
Interior Features
| Flooring | Carpet, Ceramic Tile, Concrete |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75160
Price
Taxes
Visits
Year Built
Walkscore
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