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16484 US-259

1,300 SF 40% Leased Retail Building Mount Enterprise, TX 75681 $69,000 ($53/SF) 9% Cap Rate

Retail Space Texas Mount Enterprise 16484 US-259, Mount Enterprise, TX 75681

Executive Summary

Owner finance available with $10,000 down. 2 Buildings on busy State Highway. One building has 5 storage units with 3 rented. The other building can be an office, tire shop, fireworks stand, landscape business etc. Brand new metal construction less than 6 months old. Distressed partnership sale. Building 1 is 20x25. Building two is about 500 sf as well.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,300 SF
Year Built
2024
Price
$69,000
Price Per SF
$53
Cap Rate
9%
NOI
$6,210
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Land Acres
0.26 AC
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PROPERTY TAXES

Parcel Number 15967 Improvements Assessment $17,340
Land Assessment $25,000 Total Assessment $42,340

PROPERTY TAXES

Parcel Number
15967
Land Assessment
$25,000
Improvements Assessment
$17,340
Total Assessment
$42,340
  • Tim Truman
    Tim Truman
  • Dugout Baseball Pine Tar Sports
(903) 262-6169

  • Listing ID: 32902126

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 16484 US-259, Mount Enterprise, TX 75681

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16484 US-259
(903) 262-6169 x

16484 US-259

Tim Truman

(903) 262-6169

(903) 262-6169

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