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Tbd Fm 663 Midlothian, TX 76065

  • Investment properties
  • 4,800 SF
  • 4.34 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Investment properties

Property Details for Tbd Fm 663

Year built
2004
Lot size
4.34 lot acres
Property size
4,800 SF
Property type
Investment properties

Description

This exceptional 4.34-acre property in Midlothian, Texas, presents a unique investment opportunity. The centerpiece is a substantial 4,800-square-foot metal building, boasting 25-foot peaks and 16-foot interior walls. The building is well-insulated and features five offices, each equipped with its own air conditioning unit. Three bay doors provide convenient access, with one including a loading dock. The property is currently serviced by a 200-amp electrical system and a septic system, although sewer availability exists. The building's previous use was a blend of internet sales, parts repair, and light industrial operations, under a grandfathered Special Use Permit (SUP). Any future owner will need to obtain a new SUP or the land will revert to agricultural use. The property also includes some existing pallet racks and shelving, potentially available for sale separately. Satellite internet is currently installed. The seller is liquidating their business and requires 30 to 45 days to vacate the premises. A city-assigned address on FM 663 is forthcoming. The buyer will be responsible for securing a water meter and necessary connections. This versatile property offers limitless possibilities, from residential development to continued light industrial or agricultural use. The expansive acreage and substantial building provide ample space for a wide range of business ventures or personal projects.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Midlothian
County
Ellis
State
Texas
Longitude
-96.9952
Latitude
32.4598
More about this property
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