16369 Us Highway 82 Petty, TX 75470
This exceptional industrial property, located at 16369 US Highway 82 in Petty, Texas, offers 24,000 square feet of versatile warehouse space situated on a generous 9.35-acre lot. Boasting approximately 800 feet of frontage along US Highway 82, this property benefits from high traffic counts and exceptional visibility, making it ideal for a variety of commercial uses. The warehouse features a 20-foot clear height, providing ample room for storage and operations. Access is convenient with two 16' x 18' roll-up doors at the front and two sliding doors at the rear. The electrical service is robust, with a 300-amp, 120-240v system. The building comprises 18,000 square feet of enclosed space and an additional 6,000 square feet of covered area in the rear, offering flexibility for various needs. Ample parking is available on-site. The property's location offers convenient proximity to both Bois d'Arc Lake and Lake Ralph Hall. Currently occupied by a tenant, the property will be available on September 1st, 2024. A survey is available for review. This is a prime opportunity to acquire a well-located, spacious industrial property with significant highway frontage.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.