Current Use by Public Records
- King's Garage / Auto Repair Shop
- Cash for Cans / Recycling Center / Waste Management Facility
Property Details for 4632 County Road 617
- Lot size
- 6.44 lot acres
- Property type
- Warehouses
- Property subtype
- Office Spaces
Description
This exceptional investment opportunity presents a 10-building industrial business park situated in Alvarado, Texas, within Johnson County. The park encompasses 6.44 acres of land and features a total of 16 individual suites, offering diverse options for tenants. Currently, there is 7,500 square feet of vacant space available, presenting immediate potential for increased revenue. The property's classification includes Office, Industrial, Flex, Warehouse, Distribution, and Manufacturing space, catering to a wide range of business needs. The multi-tenant configuration provides a stable income stream and diversification of risk. The park's location in Alvarado offers access to key transportation routes and a growing business community. This is an ideal acquisition for investors seeking a well-established, multi-building industrial portfolio with significant upside potential. The existing occupancy rate, coupled with the available vacant space, provides a compelling opportunity for immediate returns and future growth. The diverse range of building subtypes ensures flexibility and adaptability to evolving market demands. This property represents a rare chance to acquire a substantial industrial asset in a thriving Texas market. The 10 buildings offer a robust and scalable platform for long-term investment and growth. The substantial land acreage provides ample room for future expansion or development.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alvarado
- County
- Johnson
- State
- Texas
- Longitude
- -97.1429
- Latitude
- 32.5167
