306 Thomas Pl Everman, TX 76140
This exceptional 11,600-square-foot industrial property in Everman, Texas, presents a unique investment opportunity. Situated on a 0.45-acre lot, this warehouse boasts a prime location just five miles from the crucial intersection of Interstates I-20 and I-35, offering unparalleled access to major transportation routes. The property features a substantial concreted and fenced exterior storage area, providing ample space for equipment or materials. The 150 feet of private road frontage ensures easy access and maneuverability. Enhanced security is provided by a solid sheet metal fence encompassing the entire property, complete with 20-foot wide entry gates. The U-shaped warehouse itself is further divided into two distinct outside storage lots by a chain-link fence, featuring 12-foot wide double-door gates and a convenient single walk-in door. Each side of the warehouse includes a dedicated office and bathroom, offering practicality and convenience for occupants. The property's strategic location places it within a five-minute radius of significant corporate distribution centers, including Ben E. Keith, Tyson Foods, Mother Parker Coffee, Purina, Miller Coors Beer, Borden Dairy, and an Amazon Warehouse. Proximity to major truck stops like Love's Travel Stop and QuikTrip adds further logistical advantages. This property offers a blend of security, accessibility, and proximity to key logistical hubs, making it an ideal investment for businesses seeking a strategic location in a rapidly growing area. The asking price is $1,550,000.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.