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    Warehouses

    3377 Sotol Way, Verhalen, TX 79772

    5,000 SF 2.12 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A industrial warehouse, totaling 5,000 square feet, presents a compelling investment opportunity. Located in the prestigious First Keystone Pecos Industrial Park in Verhalen, Texas (79772), this property boasts a prime location near TX17 and I-20, within the Delaware Basin region. Built in 2023, the building features all utilities including city water, fiber, and electric. The interior includes office space, restrooms, a breakroom, HVAC, ADA compliance, natural light, recessed lighting, and a drop ceiling. The warehouse area offers a 16-foot eave height, while the office area has a 12'3" eave height. Four 14-foot overhead doors provide ample access, supported by a robust 400-amp, 3-phase power system and fiber broadband. The exterior features crush and screened caliche grading, compaction, and fencing. The property sits on a 2.12-acre lot and is currently leased under an Absolute NNN lease to a successful mid-stream service company for a 3-year term commencing August 14, 2023, and expiring August 13, 2026, leaving approximately 1.7 years remaining. The asking price is $1,250,000, representing a 9.75% cap rate. The property is zoned for industrial use and offers potential for expansion with an adjacent 1-acre lot available to the tenant. Key features include RV hook-up potential and insulation. This is a rare opportunity to acquire a high-quality, income-producing asset in a rapidly growing market.

    Property profile
    Verified
    Property type Warehouses
    Year built 2023
    Total area 5,000 SF
    Lot 2.12 ac (92,347 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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