83 Tbd Hwy Denver City, TX 79323
This exceptional Texas industrial property boasts 24,220 square feet of versatile space across multiple buildings situated on 7.046 acres of land with Highway 83 frontage in Denver City, Yoakum County, Texas, zip code 79323. The property includes a mix of office and warehouse/shop space, ideal for owner-users seeking a combination of administrative and operational areas. Building features vary, including insulated and heated shop spaces with high ceilings, multiple overhead doors, and cranes. Office spaces offer private offices, conference rooms, break areas, and ample room for staff. Lot 1 (1161 Hwy 83), encompassing approximately 3.146 acres, features a 1,920 square foot office building with four private offices, a reception area, break room, and conference room, along with a 4,800 square foot warehouse/shop building and a 5,000 square foot shop building. Lot 2 (1171 Hwy 83), covering 3.9 acres, offers 12,500 square feet of space under roof, including a shop area with a 2-ton crane and multiple grade-level doors. The entire site is fully fenced with an electric gated entrance. Utilities are serviced by a water well and septic system. This property presents a unique opportunity for businesses needing a significant amount of space with excellent highway visibility and access. The property is located within Denver City's city limits. The year of construction varies between 1990 and 1996. This is a NNN lease type property currently vacant.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.