11639 Highway 175 E Kemp, TX 75143
For Lease
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This exceptional 5-acre commercial property in Kemp, Texas, offers immediate revenue and significant growth potential. The property boasts a 7,500 sq ft office warehouse with a large, enclosed gravel yard, secured by an electronic gate with 100 access codes. A substantial 9,000 sq ft area houses 60 fully leased self-storage units generating $54,000 in annual income (30 - 10x10 units and 30 - 10x20 units). The property also includes 1,700 sq ft of attractive office space featuring a stone and granite entry, wood-like flooring, reception area, conference room, three executive offices, a break room, and LED lighting. A 5,800 sq ft insulated warehouse offers approximately 20' clear height, four oversized 14x16 roll-up doors, five entry doors, LED lighting, and a restroom with a shower. Located on SH 175 with convenient access, this property presents a compelling investment opportunity with ample space for future expansion to meet increasing demands. The asking price is $1,950,000. The total square footage of the buildings is 16,500 sq ft. The property is zoned for commercial and industrial use. The zip code is 75143.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.