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    2407 Preston St Ennis, TX 75119

    For Sale
    $5,250,000

    Texas warehouse/distribution center, vacant, owner financing.

    Property size:
    66,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This Ennis, Texas industrial property, located at 2407 & 2411 N Preston Street, offers 66,500 square feet of warehouse and distribution space for sale. The property consists of two buildings: a large 62,500 square foot building and a smaller 4,000 square foot building, built in 1961, 1980, and 1994 respectively. Situated on a 3.21-acre lot (139,827 square feet), this Class C property features 6 dock-high doors and 1 grade-level door, providing ample loading and unloading capabilities. Ceiling heights range from 14 to 20 feet, offering versatile storage options. The property includes 30+ parking spaces and benefits from 3-phase, 240v, 200-amp power. Conveniently located with easy access to I-45 and 287, this property is zoned for industrial use and is offered at $5,250,000 ($78.95/sq ft). The sale is a Net Net lease (NN) with the property currently vacant. This presents a significant opportunity for light industrial manufacturing or warehousing operations.

    Property Features for 2407 Preston St

    General Information

    Property type
    Distribution properties
    Square Feet
    66,500 SF
    Class
    C
    Lot Size
    139,828 SF

    HighLights

    • 66,500 SF total building area, comprised of a 62,500 SF main building and a 4,000 SF secondary building.
    • Buildings constructed in 1961, 1980, and 1994.
    • 3.21‑acre lot (139,827 SF).
    • Clear ceiling heights ranging from 14' to 20'.
    • 30+ parking spaces.
    • Six dock‑high doors and one grade‑level door.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    H & P Expo ... Convention Center Party Club of America Party Store Creep It Cheap Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6463103
    Latitude
    32.3472291

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    FAQs

    What type of property is this?
    Distribution property - Texas warehouse/distribution center, vacant, owner financing.
    Where is this distribution property located?
    The property is located at 2407 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: 66,500 SF total building area, comprised of a 62,500 SF main building and a 4,000 SF secondary building.; Buildings constructed in 1961, 1980, and 1994.; 3.21-acre lot (139,827 SF).
    Request Owner's contact information
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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
    2407 Preston St Ennis, TX 75119
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