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    1240 Us 385 Andrews, TX 79714

    For Sale
    $400,000

    5,694 SF Warehouse, $400K

    Property size:
    5,694 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 5,694 square foot industrial building in Andrews, Texas, presents a compelling investment opportunity. Built in 1985, this single-story structure sits on a 2.18-acre lot and boasts a highly visible location on US Highway 385 South, surrounded by other industrial and commercial businesses. The property features a drive-in/drive-out design with two large roll-up doors on both the east and west sides, facilitating easy access for large trucks and trailers. Inside, the building offers ample space, including offices, restrooms, and a second-story warehouse or storage area. The zoning is industrial, and the asking price is $400,000, translating to $70.25 per square foot. This prime location offers excellent visibility and convenient access for businesses seeking a strategic presence in Andrews, Texas. The substantial lot size allows for ample maneuvering space for large vehicles. The roll-up doors facing US Highway 385 South on the east side provide optimal accessibility and visibility for your business. This property is ideal for distribution, manufacturing, or warehousing operations.

    Property Features for 1240 Us 385

    General Information

    Property type
    Distribution properties
    Square Feet
    5,694 SF
    Lot Size
    94,961 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • 5,694 SF industrial building with offices, restrooms, and second‑story storage.
    • High‑visibility location on US Highway 385 South in Andrews, TX, surrounded by commercial and industrial businesses.
    • Drive‑in/drive‑out design with four large roll‑up doors (two on each side) and ample space for large truck maneuvering on a 2.18‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Andrews
    County
    Andrews
    State
    Texas
    Longitude
    -102.5406374
    Latitude
    32.2992551

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    FAQs

    What type of property is this?
    Distribution property - 5,694 SF Warehouse, $400K
    Where is this distribution property located?
    The property is located at 1240 Us 385 Andrews, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 5,694 SF industrial building with offices, restrooms, and second-story storage.; High-visibility location on US Highway 385 South in Andrews, TX, surrounded by commercial and industrial businesses.; Drive-in/drive-out design with four large roll-up doors (two on each side) and ample space for large truck maneuvering on a 2.18-acre lot.
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    1240 Us 385 Andrews, TX 79714
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    Andrews, TX 79714
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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
    1240 Us 385 Andrews, TX 79714
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