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    1608 Moore Ave Terrell, TX 75160

    For Sale
    $3,900,000

    Prime Hwy 80 location, strong lease in place.

    Property size:
    28,420 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 28,420 square foot retail property, situated on a 3.08-acre lot in Terrell, Texas, presents a compelling investment opportunity. Located at the high-traffic intersection of SH 205 and US Highway 80, this property boasts unparalleled visibility and accessibility. Currently occupied by a Hyundai dealership under a one-year lease, the property is generating an approximate 8% cap rate. The building itself is recently renovated and fully compliant with all City of Terrell Certificate of Occupancy requirements. The versatile space includes a service bay, a spacious showroom, a dedicated parts department, well-appointed offices, and extensive parking. Its suitability extends beyond automotive uses

    Property Features for 1608 Moore Ave

    General Information

    Property type
    Retail properties
    Square Feet
    28,420 SF
    Lot Size
    134,165 SF

    Building Details

    Year Built
    1963
    Insight Report Location Intelligence

    Current Use by Public Records

    Service And Parts Dept. Store Clay Cooley Hyundai ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.30146
    Latitude
    32.73799

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    FAQs

    What type of property is this?
    Retail property - Prime Hwy 80 location, strong lease in place.
    Where is this retail property located?
    The property is located at 1608 Moore Ave Terrell, TX.
    What is the asking price?
    The asking price for this property is $3,900,000.
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    1608 Moore Ave Terrell, TX 75160
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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
    1608 Moore Ave Terrell, TX 75160
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