12150 Us-70 Vernon, TX 76384
- Warehouses
- 25,000 SF
- 11.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 12150 Us-70
- Year built
- 1955
- Lot size
- 11.00 lot acres
- Property size
- 25,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This 11-acre industrial property in Vernon, Texas, offers 25,000 square feet of warehouse and distribution space across three buildings. Priced at $550,000 ($22/sq ft), this vacant property presents a unique owner-user opportunity. Built in 1955 (estimate), the buildings feature various ceiling heights, three loading docks, and three-phase, 600-amp electrical power in Buildings A & B. Building A boasts approximately 800 square feet of office space and restrooms. The property includes a 18,120 sq ft building (Building A) with heavy-gauge metal siding and roofing, a 600 sq ft building (Building C) with concrete exterior walls and metal roofing, and a 7,350 sq ft Quonset hut-style building. All buildings are solidly constructed with heavy-duty concrete foundations. Located on US Highway 70, this property is conveniently situated near new wind and solar farms and a planned $4 billion green hydrogen production facility. The absence of zoning and certificate of occupancy requirements offers flexibility for various uses, including manufacturing, distribution, wholesaling, secure storage, or even an RV park. The property consists of two adjoining tracts (6.21 and 4.84 acres), which may be sold separately. This distressed sale offers owner financing. The property is privately held and has a vacant occupancy date of October 1, 2024.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vernon
- County
- Wilbarger
- State
- Texas
- Longitude
- -99.3694
- Latitude
- 34.0849
