Ennis Warehouse and Distribution Facility

2407-2411 N Preston St, Ennis, TX

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For Sale

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66,500 SF warehouse and distribution property with I-45 access.

Type:INDUSTRIAL

Property size:

66,500 SF

Lot size:

3.00 Acres

Price / SF:

$78/SF

HighLights

Large building size: 62,500 SF
Easy access to I‑45 & 287
Significant lot size: 3.21 Acres (139,827 SF)
Multiple dock high doors: 6
Clear height: 14’-20’
Ample parking: 30+ spaces

We can help!

Listing Contact

David Jackson

Learn more

For Sale

Contact for pricing

66,500 SF warehouse and distribution property with I-45 access.

Type:INDUSTRIAL

Property size:

66,500 SF

Lot size:

3.00 Acres

Price / SF:

$78/SF

Added:: Oct 10, 2023
Days on Market:: 974
Last Refresh:: May 20 at 9:46 pm

Property Features for 2407-2411 N Preston St

General Information

Standard status: Active
Size: 66,500 SF
Lot size: 3.00 Acres
Property subtype: INDUSTRIAL

Properties For Sale

at 2407-2411 N Preston St Contact us

We can help!

Listing Contact

David Jackson

Listing agent David Jackson License #0276047

Listing office The Jackson Company

Listing date Oct 10, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Jackson Company

HighLights

Large building size: 62,500 SF
Easy access to I‑45 & 287
Significant lot size: 3.21 Acres (139,827 SF)
Multiple dock high doors: 6
Clear height: 14’-20’
Ample parking: 30+ spaces

Overview

This property features a total size of 66,500 square feet, including a 62,500-square-foot large building and a 4,000-square-foot small building. Constructed in 1961, 1980, and 1994, the property sits on a 3.21-acre lot, equivalent to 139,827 square feet. The buildings offer clear heights ranging from 14 to 20 feet. Parking is available with 30+ spaces. The property includes six dock-high doors and one grade-level door. It is equipped with 3-Phase, 240v 200amps power. The location provides easy access to I-45 and 287, making it suitable for warehouse and distribution purposes.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$598.5k	$9.00
− Vacancy	−$54.5k	−$0.82
EGI	$544.0k	$8.18
− OpEx	−$81.6k	−$1.23
NOI	$462.4k	$6.95

66,500 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$6.61M

$5.78M – $7.71M (±1% cap)

NOI $462,431 @ 7.0% cap · market cap 8.81%

Second Best

Industrial

$4.92M

$4.31M – $5.75M (±1% cap)

NOI $344,723 @ 7.0% cap · market cap 6.57%

Theoretical Best

Multifamily LT 5

$725.62M

$634.92M – $846.56M (±1% cap)

NOI $50,793,721 @ 7.0% cap · market cap 967.50%

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

Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Similar Places Nearby

U-Lock-It — 908 W Ennis Ave, Ennis, TX 75119
Gadberry Storage Center — 901 N Kaufman St, Ennis, TX 75119

Location Insight

Map
Local Demand

City: Ennis
County: Ellis
State: Texas
Longitude: -96.6462
Latitude: 32.3472

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For sale
Warehouses
TX
Ennis
2407-2411 N Preston St

What type of property is this?

Warehouse - 66,500 SF warehouse and distribution property with I-45 access.

Where is this warehouse located?

The property is located at 2407-2411 N Preston St Ennis, TX.

What is the asking price?

The asking price for this property is $5,250,000.

What are key features of this property?

This property features: Large building size: 62,500 SF; Easy access to I‑45 & 287; Significant lot size: 3.21 Acres (139,827 SF)

2407-2411 N Preston St, Ennis, TX

66,500 SF warehouse and distribution property with I-45 access.

Property Features for 2407-2411 N Preston St

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Ennis Commercial Property Near Buccees

Gated Retail, Office and Storage Facility

High-Visibility Shop Warehouse with Office

Turnkey Tire Shop and Service Building

Flex Warehouse with Office Space

Bowling Alley and Entertainment Facility

Live-Work Property with Meeting Space

Turnkey Food Truck Bar Venue

Historic Downtown Retail and Office

Turnkey Duplex Income Property

Turnkey Duplex Investment

Ennis Duplex: Investment Opportunity

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