Property profile

1200 Us-79 Henderson, TX 75652

OFF-MARKET
Warehouses
11,341 SF 0.9 ac lot Built 1953
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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

Location

1200 Us-79 Henderson, TX 75652
Henderson metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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