Current Use by Public Records
- Warehouses
Property Details for 4491 Fm 1395
- Year built
- 1994
- Lot size
- 1.40 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
This exceptional 5,000-square-foot industrial/flex building presents a compelling investment opportunity in Wills Point, Texas. Situated on a spacious 1.4-acre lot in Van Zandt County, this single-story, Class B property boasts three dock-high doors and an impressive 18-foot ceiling height. Built in 1994, the building is currently 100% occupied, generating immediate income potential, with the lease expiring June 3rd, 2024. The property's versatile design caters to a variety of uses, including auto shops, flex space, and warehouse operations. Its prime East Texas location offers excellent accessibility and growth potential. The ample lot size allows for future expansion, making it an ideal choice for businesses seeking to scale their operations or investors looking to diversify their portfolio. The asking price is $700,000, translating to $140 per square foot. This turnkey investment offers a strong return and significant upside potential in a thriving market. The property's features include a single tenancy, one building, and convenient access to major transportation routes.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wills Point
- County
- Van Zandt
- State
- Texas
- Longitude
- -95.9314
- Latitude
- 32.7664
