4230 Highway 67 Keene, TX 76031
This exceptional investment opportunity presents a fully leased industrial property ideally situated on Highway 67 in Keene, Texas. The property encompasses two parcels totaling 2.25 acres of land, offering significant frontage on the highway for optimal visibility and accessibility. The existing buildings comprise 11,500 square feet of usable space, currently generating a stable monthly income of approximately $11,000. The property also includes valuable outdoor storage areas, providing ample space for inventory or equipment. Beyond the existing structures, there's significant potential for expansion. The site allows for the construction of an additional 3,000 square feet of building space, catering to future growth or tenant needs. This presents a rare chance to acquire a well-located, income-producing industrial property with considerable upside potential in a thriving market. The property's strategic location on Highway 67 ensures easy access to major transportation routes, making it an attractive location for a variety of businesses. The combination of existing income, ample space, and expansion possibilities makes this a compelling investment opportunity for discerning buyers seeking a strong return on investment in the Keene, Texas area. The property is offered at $1,500,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.