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    22534 State Highway 56 Whitesboro, TX 76273

    For Sale
    $3,300,000

    Texas Warehouse & Land Investment Opportunity

    Property size:
    2,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity encompasses a substantial 20.59-acre tract of land in Whitesboro, Texas, Grayson County, featuring two sizable warehouses, each boasting 4,500 square feet of space. The property also includes a 2,200 square foot house, adding to its versatility. Built in 2000, the warehouses offer ample storage and operational space, ideal for various industrial or commercial uses. The property is conveniently located at 22534 State Highway 56, Whitesboro, TX 76273 (APN 228937). The expansive lot size provides significant room for expansion or future development. A notable feature is the presence of a white brick gate, enhancing security and curb appeal. It's important to note that this listing includes a 20.59-acre parcel

    Property Features for 22534 State Highway 56

    General Information

    Property type
    Distribution properties
    Square Feet
    2,200 SF
    Lot Size
    896,900 SF

    Building Details

    Year Built
    2000

    HighLights

    • 20.59‑acre land parcel in Whitesboro, TX.
    • Two 4,500 sq ft warehouses built in 2000.
    • 2,200 sq ft house on the property.
    • Located at 22534 State Highway 56, Whitesboro, TX 76273 (APN 228937).
    • Ample room for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitesboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.7908745
    Latitude
    33.6295377

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    FAQs

    What type of property is this?
    Distribution property - Texas Warehouse & Land Investment Opportunity
    Where is this distribution property located?
    The property is located at 22534 State Highway 56 Whitesboro, TX.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: 20.59-acre land parcel in Whitesboro, TX.; Two 4,500 sq ft warehouses built in 2000.; 2,200 sq ft house on the property.
    Request Owner's contact information
    22534 State Highway 56 Whitesboro, TX 76273
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    Whitesboro, TX 76273
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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
    22534 State Highway 56 Whitesboro, TX 76273
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