1004 Martin Luther King Ave Wortham, TX 76693
- Industrial properties
- 21.19 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1004 Martin Luther King Ave
- Year built
- 1981
- Lot size
- 21.19 lot acres
- Property type
- Industrial properties
Description
This exceptional industrial property, located at 1004 N Martin Luther King Avenue in Wortham, Texas, presents a significant investment opportunity. The expansive building, formerly occupied by CPI, boasts approximately 97,426 square feet of space, ideal for a variety of industrial uses. Constructed in 1978 and substantially renovated in 2005, the property is in good condition and ready for immediate occupancy. The substantial 21.19-acre lot provides ample room for expansion, storage, or additional development. Its strategic location offers convenient access to major transportation routes. Situated just 10 miles from Interstate 45 via Highway 14 and Richland, this property benefits from excellent connectivity to regional and national transportation networks, facilitating efficient logistics and distribution. The property's size and location make it an attractive option for businesses seeking a large-scale industrial facility in a well-connected area. This is a rare opportunity to acquire a substantial industrial property with significant potential for growth and return on investment. The property is priced at $2,950,000. Serious inquiries are encouraged.
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
- Wortham
- County
- Freestone
- State
- Texas
- Longitude
- -96.4584
- Latitude
- 31.7999