4896 Co Rd Pleasanton, TX 78064
This exceptional investment opportunity presents a 9,300-square-foot office and warehouse facility situated on approximately 2.998 acres in Pleasanton, Texas. Built in 2013, the property boasts a 28-foot ceiling height, eight 12' x 12' roll-up doors, and sufficient footing to accommodate a 10-ton bridge crane (not included). The building is a pre-fabricated metal structure with a fully fenced perimeter. Approximately 1,800 square feet is dedicated to office space, complementing the expansive warehouse area and wash bay. Currently 100% leased to Falcon View Energy Products, LLC under a triple-net (NNN) lease with 1.5 years remaining on a 10-year term (commenced November 30, 2013). The lease includes a 10% rent increase after three years. The property generates a net operating income (NOI) of $114,000, resulting in an attractive 9.12% capitalization rate. The asking price is $1,250,000. Located in Atascosa County, Pleasanton benefits from its proximity to the Eagle Ford Shale, a major oil and gas producing region, and is strategically positioned 37 miles south of San Antonio. This property offers a strong return on investment in a thriving industrial market. The ground lease has 1.5 years remaining on a 10-year term, commencing December 2013.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.