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    2938 Brown Rd Marshall, TX 75672

    For Lease
    $3 SF/Yr

    528,750 SF Warehouse, 38.5 Acres

    Lot size:
    528,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional industrial property, totaling 528,750 square feet, presents a significant opportunity. Situated on a substantial 38.5-acre lot (with an additional 11.1 acres potentially available across the street), this single-tenant warehouse boasts a 2001 construction date and impressive features. The building offers a versatile layout with ceiling heights ranging from 15 to 35 feet and column spacing of 75' x 25'. Comprehensive fire protection is provided by a 100% wet sprinkler system. High-speed internet connectivity is ensured through AT&T fiber optics. On-site amenities include a 7,000 square foot office space complete with break rooms and a conference room. Efficient loading and unloading are facilitated by 72 dock-high doors and 4 ramp-level doors. Ample parking is available with 300 paved and lighted spaces. The property enjoys a strategic location on the north side of I-20, providing easy access to US Hwy 80, US Hwy 59, and Route 42. Proximity to Harrison County Airport (2.5 miles) and major transportation hubs like Dallas/Fort Worth International Airport (176 miles), Shreveport (37 miles), Oklahoma City (343 miles), and the Port of Houston (219 miles) further enhances its logistical advantages. This property is ready for immediate occupancy.

    Property Features for 2938 Brown Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    528,750 SF
    Total Rate
    143203.13

    Building Details

    Year Built
    2001
    Stories
    1

    Unit(s) available at that property

    Space
    2938 Brown Rd
    Size
    528,750 SF
    Rate per SF
    $3

    HighLights

    • 528,750 SF industrial warehouse/distribution facility.
    • Single‑tenant occupancy, fully vacant.
    • Situated on a 38.5‑acre lot (11.1 acres potentially available across the street).
    • Built in 2001, featuring 15'-35' ceiling heights.
    • 72 dock‑high doors, 4 ramp‑level doors, and 300 paved parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Genpak Distribution Center Distribution Service

    Suggested Use

    Kitchen & Bath Accounting Firm Furniture Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Harrison
    State
    Texas
    Longitude
    -94.3139533
    Latitude
    32.4939708

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    FAQs

    What type of property is this?
    Distribution property - 528,750 SF Warehouse, 38.5 Acres
    Where is this distribution property located?
    The property is located at 2938 Brown Rd Marshall, TX.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 528,750 SF industrial warehouse/distribution facility.; Single-tenant occupancy, fully vacant.; Situated on a 38.5-acre lot (11.1 acres potentially available across the street).
    Request Owner's contact information
    2938 Brown Rd Marshall, TX 75672
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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
    2938 Brown Rd Marshall, TX 75672
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