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    12150-A Us Hwy 70 Hwy Vernon, TX 76384

    For Sale
    $499,900

    Spacious industrial buildings, owner financing available.

    Property size:
    18,725 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 6.21-acre industrial property in Vernon, Texas, presents a compelling investment opportunity. Strategically located approximately 10 miles from a new Green Hydrogen Production Facility, this site offers significant potential for diverse uses. The property features multiple buildings, with two of particular value. Building A boasts 18,120 square feet of robust construction, including heavy-gauge corrugated metal siding and roofing. It also includes three-phase, 600-amp electrical power, an estimated 800 square feet of interior office space, and a restroom facility. Building C, a 600-square-foot structure, is equally well-built with concrete exterior walls and heavy-gauge metal roofing. All buildings are constructed on solid, heavy-duty concrete foundations, ensuring durability and longevity. The property's expansive size and versatile infrastructure make it suitable for a wide range of applications, including RV parks, manufacturing, distribution, wholesaling, secure storage, metal salvage facilities, pallet factories, and even potential equine facilities. The total square footage across all buildings is 18,725 square feet. Owner financing is available, making this an attractive proposition for buyers seeking a flexible purchase option. Detailed information is available upon request. The property is listed at $499,900.

    Property Features for 12150-A Us Hwy 70 Hwy

    General Information

    Property type
    Industrial properties
    Square Feet
    18,725 SF
    Lot Size
    270,508 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Vernon
    County
    Wilbarger
    State
    Texas
    Longitude
    -99.36987
    Latitude
    34.08515

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial buildings, owner financing available.
    Where is this industrial property located?
    The property is located at 12150-A Us Hwy 70 Hwy Vernon, TX.
    What is the asking price?
    The asking price for this property is $499,900.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12150-A Us Hwy 70 Hwy Vernon, TX 76384
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