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Property profile & analytics
OFF-MARKET
Office Spaces

9500 Glascock Dr Cresson, TX 76035

60,000 SF 13.45 ac lot Built 2009
Property ID
Property summary
AI-generated overview

This exceptional 60,000-square-foot office building, situated on a 13.45-acre lot in Cresson, Texas, presents a compelling investment opportunity. Constructed in 2009 and extensively renovated in 2022, the property boasts a primarily brick exterior with some metal siding and a pitched metal roof, replaced during the recent renovation. The single-story steel-frame structure features a conventional floor plan, ideal for a variety of office uses. The interior includes a welcoming foyer, numerous private offices, a conference room, large meeting rooms, three kitchen/break rooms, and multiple restrooms. The building is zoned for industrial use, offering flexibility for potential tenants. Ample parking is provided with 407 spaces, complemented by concrete paving and lot lighting. A significant added benefit is the presence of a cell tower on the premises, generating additional revenue potential. The property also includes a fire suppression sprinkler system, ensuring safety and peace of mind. Located at 9500 Glascock Drive, Cresson, TX 76035, this property offers a rare combination of size, modern amenities, and strategic location. The asking price is $9,750,000, translating to $162.50 per square foot. This represents a strong value proposition in the current market.

Property profile
Verified
Property type Office Spaces
Year built 2009
Total area 60,000 SF
Lot 13.45 ac (585,882 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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