5840 E US Highway 287
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5840 E US Highway 287
34,000 SF Retail Building Midlothian, TX 76065 $12,500,000 ($368/SF)
Investment Highlights
- Highly Visible
- Great Location
Executive Summary
34,363+ S.F. Building on 27.63 acres on Hwy 287 between Waxahachie and Midlothian. The building consists of office, warehouse and showroom space. There is a high quality security system that features roughly 130 cameras, motion detectors, bullet proof glass, double layer access doors and keycard access throughout the building. The property also has 3 additional pad sites that are platted and are 2.7 acres, 2.2 acres and 1.8 acres. Seller may consider selling the building and the pad sites separately.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
34,000 SF
Building Class
B
Year Built
2014
Price
$12,500,000
Price Per SF
$368
Tenancy
Single
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.03
Land Acres
27.63 AC
Zoning
LI - Light Industrial. Retail, Commercial and office uses would be acceptable.
Parking
75 Spaces (2.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 257492 | Improvements Assessment | $2,950,748 |
| Land Assessment | $2,192,507 | Total Assessment | $5,143,255 |
PROPERTY TAXES
Parcel Number
257492
Land Assessment
$2,192,507
Improvements Assessment
$2,950,748
Total Assessment
$5,143,255
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Joe Rust -
Joe Rust Company
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5840 E US Highway 287
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