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Property profile & analytics
OFF-MARKET
Warehouses

375 I-45 Fairfield, TX 75840

14,800 SF 4 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 14,800-square-foot industrial property, situated on a four-acre lot in Fairfield, Texas, presents a compelling investment opportunity. The Class B building, constructed in 2005 and boasting a 14-foot ceiling height, is currently 100% occupied by a single tenant under a five-year gross lease commencing November 1, 2024, and expiring October 31, 2029. The lease includes a five-year option. The property features a strong 9.54% cap rate, generating a net operating income (NOI) of $133,500. The asking price is $1,400,000, translating to a price per square foot of $94.59. Located at 375 I-45, with approximately 360 feet of highway frontage, this property benefits from its strategic position between the Dallas/Fort Worth and Houston metro areas, providing significant visibility and accessibility. The property is zoned for commercial use and includes two buildings on a single story. The sale includes a sale-leaseback option, allowing the current owner to remain as a long-term tenant. The lease includes upfront rent for the first six months. There are no loading docks. The property's APN is 54080. This is a rare opportunity to acquire a high-performing industrial asset with immediate cash flow and significant upside potential. The property can be purchased with or without the tenant in place.

Property profile
Verified
Property type Warehouses
Year built 2005
Total area 14,800 SF
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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