375 I-45 Fairfield, TX 75840
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.