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    OFF-MARKET
    Warehouses

    1200 Us-79, Henderson, TX 75652

    11,341 SF 0.9 ac lot Built 1953
    Property ID
    Property summary
    AI-generated overview

    This versatile 11,341 square foot commercial property, located at 1200 US-79 in Henderson, Texas, presents a unique investment opportunity. The property boasts a prime location on the southeast corner of a high-traffic intersection, with approximately 125 feet of frontage on US Highway 79, experiencing 19,542 vehicles daily in 2022. The building, constructed in phases (1953 and 1983), is classified as Class C and currently vacant, offering flexibility for redevelopment or immediate occupancy. Its mixed-use zoning (C-2 General Commercial) allows for a variety of uses, including QSR, traditional office space, and warehouse functions. The 0.903-acre lot provides ample parking (a 298:1 ratio), and the building features multiple entrances on both the first and second floors, facilitating easy subdivision. The property benefits from a recently installed roof (July 2024), minimizing immediate maintenance needs. The existing structure offers substantial square footage suitable for professional offices, medical practices, or retail businesses. This property's high visibility, convenient location, and adaptable layout make it an attractive investment for various commercial ventures. The APN is 14219. The asking price is $499,000, translating to $44 per square foot.

    Property profile
    Verified
    Property type Warehouses
    Year built 1953
    Total area 11,341 SF
    Lot 0.9 ac (39,335 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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