515 Fm 66 Itasca, TX 76055
This exceptional 7,750-square-foot metal building, constructed in 2021, presents a unique investment opportunity. Situated on approximately one acre of land at 515 FM 66 in Itasca, Texas (zip code 76055), this property boasts a prime location just outside city limits, offering freedom from zoning regulations and deed restrictions. The building features a 2,500-square-foot finished, heated, and cooled storefront complete with commercial doors, a counter, registers, office space, and a bathroom. This area could easily be repurposed for residential or commercial use, potentially as a store, multifamily dwelling, or bar. A brand-new, never-used 10x8 walk-in cooler is included. Negotiable items such as refrigerators, freezers, a fryer, dough machine, prep tables, and a hot dog warmer may also convey. The remaining 5,250 square feet comprises a warehouse area with three roll-up doors, a loading dock, and a lift in a 10x10 office space. Two separate electrical panels offer flexibility for dividing the space. The property also includes a gravel parking lot ready for asphalt paving, metal perimeter fencing, and several pecan trees. The property's APN is 155343. This vacant, gross lease property offers immense potential for a wide range of uses. The asking price is $500,000.
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U-Haul Neighborhood Dealer Car Rental Facility
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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