Current Use by Public Records
- Land
Property Details for 1425 Fm 115
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial property in Mount Vernon, Texas, presents a lucrative investment opportunity. Located at 1425 FM 115, zip code 75457, this land currently houses 59 storage units, generating immediate passive income. The property boasts chain-link fencing and additional storage features, enhancing its functionality and appeal. The existing storage units offer significant value-add potential for increased profitability. A buyer could further develop the site to maximize its income-generating capacity. This property is situated in Franklin County, Texas, offering easy access to local amenities and transportation routes. The property's location at 33.1590794 latitude and -95.2255358 longitude provides convenient access to the surrounding area. The asking price is $124,900, representing a compelling entry point into the Texas commercial real estate market. A virtual tour is available for a comprehensive view of the property. This is an ideal opportunity for investors seeking a high-return, low-maintenance investment with substantial upside potential. Don't miss this chance to acquire a thriving commercial property with significant future growth prospects.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Franklin
- State
- Texas
- Longitude
- -95.2255
- Latitude
- 33.1591
