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Property profile & analytics
OFF-MARKET Estimated value $635,000
Commercial real estate

12446 State Hwy 205 Lavon, TX 75166-1851

15,500 SF 1.6 ac lot Built 2017
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-2705467
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Construction FRAME
Total area 15,500 SF
Lot 1.6 ac (69,696 SF)
APN R-6794-002-0240-1
UPID US82-2705467
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
Current use
Occupant on record · Public records
  • Keder Screens Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$744k
Blend (final) Blend
$635k
Owner & transaction history
Justin Collins · 9 yrs held
Justin Collins
since 2017
7 recorded transactions
2021
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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