3118 Co Rd Weimar, TX 78962
This exceptional Weimar, TX property offers a unique blend of commercial and residential space, ideal for owner-users. Situated on 6.89 acres, the property includes three buildings totaling 15,821 square feet of flexible industrial space. The main building features 23-24 foot eaves, 3-phase electricity, and a 3.2-ton crane with a 14-foot hook height. A second building offers 16x16 garage doors, 3-phase electricity, and a 5-ton crane, perfect for heavy equipment. The attached carport/garage boasts 14x14 garage doors, 400-amp 240V power, and the potential for a 5-ton crane addition. The residential component includes three bedrooms, two and a half bathrooms, and a large covered patio with an outdoor kitchen and wet bar. Additional features include a 20x40 in-ground pool and ample storage. Built in 2016, this Class B property is available for occupancy September 1, 2024. The asking price is $1,050,000, with a price per square foot of $66.37 and a price per unit of $350,000. The property also includes significant air rights, totaling 300,128 square feet. This versatile property presents an unparalleled opportunity for a business owner seeking a combination of workspace and comfortable living. The property's location in Weimar, Texas (zip code 78962), offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a substantial industrial property with significant residential amenities.
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
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