2624 Texas 72 Three Rivers, TX null
This exceptional Three Rivers, Texas industrial property offers 12.27 acres (534,481 square feet) with approximately 19,400 square feet of modern warehouse and office space. Built in 2011-2012, the complex features three buildings, each single-story, with a 22-foot ceiling height. Ten loading docks and ten dock-high doors provide efficient operations. The property boasts 76 feet of Highway 72 frontage, offering excellent visibility and access to major transportation routes including Highways 281 and Interstate 37. The site includes well-maintained caliche roads, perimeter fencing, public utilities (electricity and water), and an on-site septic system. The property is located outside of a FEMA flood hazard area (Zone X) and has stable soil conditions. The buildings feature steel frame construction, concrete slab foundations, R-panel steel exteriors and roofing, and professional-grade aluminum frame windows. Interior finishes include office and apartment spaces, and an equipment storage canopy is also present. The OCL zoning permits various industrial uses, including storage, warehousing, equipment and trailer storage, transit facilities, and self-storage. The impressive 25:1 land-to-building ratio allows for substantial expansion. This turnkey opportunity is ideally suited for oil and gas support operations, given its proximity to the Eagle Ford Shale. The minimal easement impact from overhead electrical transmission lines further enhances its appeal. The property has a clean environmental history with no known hazardous materials. This prime location offers excellent connectivity and visibility, making it an attractive investment with significant growth potential.
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.