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    23350 Us-377 Lot- A Whitesboro Tx 76273 Whitesboro, TX 76273

    For Sale
    $650,000

    Texas Warehouse: Investment Opportunity

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This vacant commercial property, located at 23350 US-377 Lot-A, Whitesboro, TX 76273, presents a compelling investment opportunity. The property consists of a 3,000 square foot warehouse building constructed in 2001, situated on a substantial 65,340 square foot lot. The asking price is $650,000, translating to $216.67 per square foot of building space and $4.99 per square foot of land. The property is zoned for mixed use and is ideally located at the future intersection of Legacy and O'Brien roads. The warehouse features three roll-up bays, providing convenient access for loading and unloading. Additionally, a 36 ft x 16 ft office space with central heating and air conditioning is included. The large lot size offers ample space for expansion or additional development. This property is perfect for a variety of commercial uses, including warehousing, distribution, or light manufacturing. The heavy gravel surface is well-suited for accommodating truck traffic. This prime location in Grayson County, Texas, offers excellent access to major transportation routes, making it an attractive proposition for businesses seeking efficient logistics. The property's size, features, and location combine to create a strong investment potential in a growing Texas market.

    Property Features for 23350 Us-377 Lot- A Whitesboro Tx 76273

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,000 SF

    Building Details

    Year Built
    2001

    HighLights

    • Heavy‑duty gravel parking lot ideal for truck access.
    • Two‑building property offering ample space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Whitesboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.90272412
    Latitude
    33.73874034

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    FAQs

    What type of property is this?
    Mixed-use property - Texas Warehouse: Investment Opportunity
    Where is this mixed-use property located?
    The property is located at 23350 Us-377 Lot- A Whitesboro Tx 76273 Whitesboro, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Heavy-duty gravel parking lot ideal for truck access.; Two-building property offering ample space.;
    Request Owner's contact information
    23350 Us-377 Lot- A Whitesboro Tx 76273 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.

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    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
    23350 Us-377 Lot- A Whitesboro Tx 76273 Whitesboro, TX 76273
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