1608 W Moore Avenue, Terrell, Texas 75160
- $3,900,000
- List Price
- $3,900,000
- MLS#
- 20321787
- Status
- ACTIVE
- Type
- Commercial
- Year Built
- 1963
- Construction Status
- Preowned
- Acres
- 3.08
- County
- Kaufman
- City
- Terrell
- Subdivision
- Terrell Rev
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.
/u.realgeeks.media/forneytxhomes/header.png)
Additional Information
- Unexempt Taxes
- $29,106
- Gross Annual Expenses
- 999
- Gross Annual Income
- 999
- Tenant Pays
- Other
- Lot Size
- 134,208
- Acres
- 3.08
- Lot Description
- Acreage, Corner Lot
- Subdivided
- No
- Handicap Yn
- Yes
- Flooring
- Carpet, Ceramic Tile, Concrete
- Foundation
- Slab
- Roof
- Asphalt, Metal, Mixed
- Building Stories
- 2
- Walls
- Brick
- Ceiling Height Type
- 15 to 20 Feet
- Street Utilities
- Asphalt, City Sewer, City Water, Concrete, Electricity Connected, Master Water Meter
- Heating Cooling
- Electric
- Construction Material
- Aluminum Siding
- Parking Garage
- Asphalt, Garage, Garage Door Opener, Garage Faces Front, Open, Paved
- Road Frontage Desc
- City Street, Highway
- Possession
- Negotiable
- Building Sq. Ft.
- 28420
- Number of units
- 4
- Leasable Sq Ft
- 21000
- Building Use
- Automotive, Building Services, Office/Warehouse, Retail, Storage Warehouse, Wholesale, Other
- Zoning
- Commercial Main
- Possession
- Negotiable
Mortgage Calculator
Listing courtesy of Frank Roberts from RE/MAX Landmark. Contact: 972-551-4014