16937 Derby Ave Gardendale, TX 79758
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.
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
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.