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Property profile & analytics
OFF-MARKET
Industrial properties

305 Norton Ave Freer, TX 78357

3,017 SF 0.16 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This 3,017 square foot industrial property, situated at 305 S Norton Avenue in Freer, Texas, presents a unique investment opportunity. Located on a busy, high-traffic street, this property is perfectly positioned for a variety of business ventures or could be subdivided into suites. The building sits on a 0.16-acre lot, offering ample space for operations and potential expansion. The property is being sold "as is," reflecting its current condition. It's important to note that the sale of this property is contingent upon receiving approval from the bankruptcy court. Interested parties should be prepared to submit an offer or contract, at which point further details regarding the bankruptcy proceedings will be provided. This presents a chance to acquire a strategically located industrial space at a significantly reduced price, but prospective buyers should be aware of the conditions of sale and the necessary court approvals. The property's prime location and substantial square footage make it a compelling prospect for entrepreneurs and investors alike, despite the need for court approval. Serious inquiries only.

Property profile
Verified
Property type Industrial properties
Year built 1985
Total area 3,017 SF
Lot 0.16 ac (6,970 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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