12446 State Highway 205 Lavon, TX 75166

Property Details for 12446 State Highway 205

Year built

2017

Construction

FRAME

Lot size

1.60 lot acres

Property size

15,500 SF

Property type

Commercial real estate

APN

R-6794-002-0240-1

APU

R679400202401

Description

This exceptional 15,500 square foot industrial property, situated on a 1.6-acre lot in Lavon, Texas, presents a compelling investment and/or owner-user opportunity. Strategically located with high visibility frontage along State Highway 205, the property boasts two substantial warehouses. The front warehouse comprises a 2,000 square foot showroom featuring private offices with demisable walls, and a 7,500 square foot warehouse equipped with HVAC, full insulation, and two 12ft x 12ft grade-level loading doors. The rear 6,000 square foot warehouse is currently divided into three rentable suites. A 4,500 square foot suite benefits from HVAC, while two additional suites, each measuring 1,500 square feet, offer further flexibility. A 3,000 square foot suite (100-200) can be subdivided into two 1,500 square foot units, creating a total of four distinct rental spaces. Currently, three of these suites are occupied by tenants, providing immediate income generation. The property offers the unique advantage of utilizing approximately 9,500 square feet for operational use while simultaneously leveraging the remaining 6,000 square feet for rental income. The seller is open to a one-year leaseback agreement, providing a smooth transition for the new owner. This property offers a rare blend of operational space and passive income potential, making it an ideal investment for discerning buyers. The asking price is $3,099,900.

Location Insight

City

Lavon

County

Collin

State

Texas

Longitude

-96.4675

Latitude

32.9874

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments