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Former Nursery with 71+ AC & 74K+ SF Facility 17905 US Highway 69 N

74,000 SF Vacant Industrial Building Lindale, TX 75771 For Sale

Investment Highlights

  • Major highway frontage at US Hwy 69 N at the northern edge of the Lindale city limits
  • 56,352 SF of concrete paving for drives, parking, and access to the warehouse
  • 63 sun fields (range plots) covering roughly 9.3 acres of land area (405,300 SF)
  • Approximately 69,764 SF, steel and masonry construction with brick and metal siding
  • 4 deep wells (460 feet deep) pump ground water into a large, lined man-made earthen reservoir with a treatment facility

Executive Summary

A former wholesale nursery property that is located at 17905 US Hwy 69 N, Lindale, Smith County, TX 75771. This property occupies a prime position at the northwest corner of US Hwy 69 N and Stewart Street (CR 432), along the west line of US Hwy 69 N at the northern edge of the Lindale city limits. The site benefits from a favorable highway location near new commercial developments. The property encompasses approximately 71.8534 acres, described in 8 adjacent tracts out of the J. H. Sanders Survey, A-1118, Smith County, Texas. The land area is divided into two main portions: the support site, which spans 16.2408 acres (707,449 SF), and the excess land, covering 55.6126 acres (2,422,487 SF), totaling 71.8534 acres (3,129,936 SF). The subject land area includes both areas within and outside the Lindale city limits, providing good visibility and access for the front portion.
The property features significant improvements from its time as a wholesale nursery, including a large manufacturing and cold storage distribution warehouse with administrative offices, numerous greenhouses, and open sun fields. The main building, located near the entrance, has a GBA of approximately 69,764 SF, constructed from steel and masonry with brick and metal siding. The condition is average to below average. Other buildings include a 4,048 SF shop/warehouse and a 640 SF masonry block pump house. Additionally, there are about 73 greenhouses totaling 304,492 SF with varying quality, ages, sizes, and irrigation methods.
In addition to the greenhouses, there are 63 sun fields (range plots) covering roughly 9.3 acres of land area (405,300 SF). Each sun field has water (both drip and sprinklered) and electricity available, as well as poly ground covering. Other site improvements include approximately 56,352 SF of concrete paving for drives, parking, and access to the warehouse, 555 SF of covered sidewalks at the office entrance, 420 SF of open sidewalks at the office, 39,100 SF of asphalt paving for the office parking area, 50,000 SF of gravel paving serving as drives around the greenhouses, a 1,900 SF partially enclosed shed attached to the shipping dock area, 3,785 LF of chain fencing along road frontage, a good iron entry gate and signage, and a 157-foot-tall cell/radio tower. The property has a major irrigation system based on 4 deep wells (460 feet deep) that pump ground water into a large, lined man-made earthen reservoir equipped with a treatment facility. Underground PVC piping serves each greenhouse and sun field, providing sufficient water pressure to irrigate the entire nursery operation. The property improvements were built between the 1970s and the 1990s, with renovations and updates over the years.
The support site is a corner plot slightly above street grade, located at the NWC of US Hwy 69 and CR 432. It wraps around two single-family properties that front along US Hwy 69 and includes a detention reservoir and pump house in the southwest portion. The site has an irregular configuration with frontage along US Hwy 69 N and Stewart Street, providing above-average visibility due to its gently sloping upward terrain. The topography is mostly open and developed, with no portion of the support site in the 100-year floodplain. Zoned as MU-1 (Light Industrial), the support site has all utilities present, including electric, city water, sewer, natural gas, hi-speed internet, and cable service. The excess land site, which wraps around the support site, has an irregular configuration and sufficient access from US Hwy 69 N and Stewart Street. The terrain is mostly open, with some wooded areas along steeper slopes. The topography includes level bottomland and steeply sloping sections, with a small creek and pond on the north portion. A small part of the excess land is in the 100-year floodplain. The eastern portion of the excess land is within the city limits and zoned MU-1, while the western and most northerly portions are outside the city limits and not zoned. Utilities are present on the eastern portion.
In conclusion, the Mea Nursery property presents a unique and valuable opportunity for investors and developers. Its substantial land area, strategic location along US Hwy 69 N, and proximity to new commercial developments make it an ideal candidate for various commercial ventures. The property's vacant status allows for immediate planning and development, making it a highly attractive investment opportunity. For more detailed information please contact Rockey L. Butler with the Commercial Division of Berkshire Hathaway HS Premier Properties.  Thank you for your attention, and we look forward to discussing how this exceptional property can meet your commercial development needs.

Attachments

23053584-PLAT

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Refrigeration/Cold Storage
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 71.85 AC
Rentable Building Area 74,000 SF
No. Stories 1
Year Built 1970
No. Dock-High Doors/Loading 8

Amenities

  • 24 Hour Access
  • Cooler
  • Floor Drains
  • Front Loading
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

zoning

Zoning Code MU-1
MU-1
  • Listing ID: 32052620

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 17905 US Highway 69 N, Lindale, TX 75771

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