Property profile

10938 Us Highway 60 Canadian, TX 79014

OFF-MARKET
Commercial real estate
3,741 SF Built 2007
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Property summary

AI-generated overview

This exceptional commercial property in Canadian, TX, presents a unique investment opportunity. Spanning approximately four acres of fully fenced land, the property boasts two substantial buildings ideal for a variety of uses. The main building, totaling 3,741 square feet, features a spacious lobby and conference room, perfect for client interaction. Four private offices provide ample space for administrative functions, complemented by two restrooms and a convenient shower room. Attached to the main building are three garage bays, a carport, and two wash bays, offering versatile storage and maintenance capabilities. The second building, a remarkable addition constructed in 2022, is a 48' x 98' all-steel mechanic shop. This modern structure includes six bays, four of which offer pass-through functionality, enhancing operational efficiency. Five bays are equipped with remote openers for convenient access, and one bay features a practical oil pit. All bays are built on a robust 5-inch concrete foundation, designed to accommodate even the heaviest trucks. The shop's superior construction includes spray foam insulation, ensuring optimal climate control. The property benefits from both a private well and city water access, providing reliable water supply. Furthermore, two septic systems are in place, ensuring efficient waste management. This property's combination of substantial buildings, ample land, and modern amenities makes it an outstanding opportunity for a discerning investor or business owner seeking a well-equipped and versatile commercial space.

Property profile

Verified
Property type Commercial real estate
Year built 2007
Total area 3,741 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10938 Us Highway 60 Canadian, TX 79014
Canadian metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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