Current Use by Public Records
- Warehouses
Property Details for 0 Us-82
- Year built
- 1986
- Lot size
- 11.92 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a portfolio of seven industrial warehouses totaling 140,000 square feet on an expansive 11.92-acre lot in Nocona, Texas. Located on US Highway 82, this property boasts a prime location with high traffic volume, averaging 3,867 vehicles daily. The portfolio comprises seven single-story buildings, each approximately 20,000 square feet, constructed in 1986 and currently operating at 100% occupancy. The warehouses feature a mix of grade-level and dock-high doors (21 total), high ceilings (15 feet), and varying levels of office and shop space. Specific building features include shell space, electric and propane capabilities, multiple bathrooms, and in some cases, existing HVAC systems and septic sewage. The property is zoned ETJ and offers significant potential for owner-user occupancy or continued investment. The asking price is $5,499,000, representing a price per square foot of $39.28 and a price per unit of $785,571.43. This is a rare opportunity to acquire a substantial industrial portfolio in a high-traffic location with strong potential for future growth. Detailed specifications for each warehouse are available upon request.
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
- Nocona
- County
- Montague
- State
- Texas
- Longitude
- -97.6907
- Latitude
- 33.7806
