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Property profile & analytics
OFF-MARKET
Warehouses

16937 Derby Ave Gardendale, TX 79758

20,210 SF 5.56 ac lot Built 2015
Property ID
Property summary
AI-generated overview

This exceptional Gardendale, Texas industrial property offers 20,210 square feet on a 5.56-acre lot. The main building comprises a 1,800 square foot first-floor office, a 2,000 square foot mezzanine adaptable for a ten-bedroom apartment, and an 11,200 square foot shop area. The shop boasts impressive features including a 26-foot eave height, 16-foot insulated automatic overhead doors, heavy 3-phase power, and two 7.5-ton and one 12-ton bridge cranes. A separate 5,210 square foot mechanics shop includes three drive-through bays with 14-foot doors, a bay with a mechanics pit, and a 1,250 square foot covered wash bay complete with wash equipment. The property is zoned by Ector County and features a stabilized and fenced yard. Built in 2015, this owner-user investment opportunity is listed at $3,495,000, or $172.93 per square foot, and is currently vacant with a NNN lease type. The property consists of two buildings.

Property profile
Verified
Property type Warehouses
Year built 2015
Total area 20,210 SF
Lot 5.56 ac (242,194 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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