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    12150 Us Hwy 70 Hwy Vernon, TX 76384

    For Sale
    $325,000

    Spacious industrial building on 4.84 acres

    Property size:
    7,350 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional industrial property, located at 12150 US Highway 70 Highway in Vernon, Texas, presents a compelling investment opportunity. The 7,350+-square-foot building, situated on a generous 4.84-acre lot, boasts a robust Quonset hut design. Constructed with heavy-gauge corrugated metal siding and roofing, this structure is built to last, featuring solid, heavy-duty concrete foundations. The property's strategic location offers easy access to major transportation routes, enhancing its appeal for various commercial ventures. Three-phase, 600-amp electrical power is readily available nearby, providing ample capacity for energy-intensive operations. The versatility of this property is undeniable, making it suitable for a wide range of uses. Potential applications include, but are not limited to, RV parks, manufacturing facilities, distribution centers, wholesale operations, secure storage solutions, metal salvage yards, and pallet factories. The asking price is $325,000, and owner financing is available, making this an attractive proposition for buyers seeking flexible payment options. This is a rare opportunity to acquire a substantial industrial property in a prime location with significant potential for growth and profitability. Don't miss out on this chance to secure a valuable asset in the thriving Vernon, Texas market.

    Property Features for 12150 Us Hwy 70 Hwy

    General Information

    Property type
    Industrial properties
    Square Feet
    7,350 SF
    Lot Size
    210,830 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 building on 4.84 acres
    Where is this industrial property located?
    The property is located at 12150 Us Hwy 70 Hwy Vernon, TX.
    What is the asking price?
    The asking price for this property is $325,000.
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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 Us Hwy 70 Hwy Vernon, TX 76384
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