3248 Hwy Frontage Rd Three Rivers, TX 78071
This exceptional industrial property, located at 3248 N. Hwy Frontage Rd., Three Rivers, TX 78071, presents a significant investment opportunity. The property encompasses 17.71 acres of land and features three separate buildings totaling 16,750 square feet of net rentable space. The main building, measuring 3,750 square feet, is a fully insulated shop with approximately 18-foot eave height and a small built-in office. This building boasts four oversized grade-level bay doors (12'W x 16'T), creating two drive-through bays. An additional 8,000 square feet of three-sided metal awning space is equipped with three-phase power. A 5,000 square foot metal warehouse completes the complex. The property includes six dock-high doors for efficient loading and unloading. The site benefits from well water, three-phase power, and municipal water access. The expansive lot is fully fenced with barbed wire and features two 40-foot rolling gates. Approximately 10 acres of the lot are rocked. Built in 2015, this property offers quick access to IH-37. The asking price is $1,200,000, with a potential lease rate of $14,583.33 per month. The property's location and features make it ideal for various industrial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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