$1,400,000
( $94.59Per Sq Foot )
$7,949 est/mo Sourced by Back At You375 Ih 45 , Fairfield, TX 75840
Fairfield, TX 75840
Description
This 14800 s.f. industrial facility on 4 acres is positioned in a prime corridor between the Dallas Fort Worth and Houston metro areas, providing significant IH45 highway exposure with approximately 360' of frontage. The current owner will transition into a long term tenant with a signed 5 year lease that includes up front rent payment for the first six months and regular payments starting at lease commencement. This property offers a solid 9.54% cap rate, making it an excellent investment opportunity with immediate cash flow.
Details
| MLS# | 20771071 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2005 |
| Days On Site | 81 |
| Listing Provided By | Keller Williams Fort Worth | Curtis Evans |
Features
| SQ Feet | 14,800 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | agriculture |
| Acreage | 4.00 |
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Learn More About This Property
| State | TX |
|---|---|
| County | Freestone |
| City | Fairfield |
| Zip Code | 75840 |
| Area | Freestone |
| Community Name | Fairfield |
| Listing VS Median (in Fairfield) | |
Price: $1,400,000 low | high Med: $224,450 SqFt: 14,800 low | high Med: 961 $ / SqFt: $95 low | high Med: $236 On Site: 81 low | high Med: 38.000000 | |
Listing Updated: January 11, 2025 at 8:45:26 AM PST