12446 State Highway 205, Lavon, TX 75166
- Commercial real estate
- 15,500 SF
- 1.60 lot acres
Current Use by Public Records
- Keder Screens / Industrial Manufacturer / Production Facility
Property Details for 12446 State Highway 205
- Year built
- 2017
- Construction
- FRAME
- Lot size
- 1.60 lot acres
- Property type
- Commercial real estate
- APN
- R-6794-002-0240-1
- APU
- R679400202401
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 12, 2021 | — | Justin Collins | — | Deed · related | $477k · Guaranty Bank & Trust NA |
| Sep 17, 2018 | — | Justin Collins | — | Deed · related | $20k · Guaranty Bank & Trust |
| Sep 4, 2018 | — | Justin Collins | — | Deed · related | $304k · Guaranty Bk |
| Feb 12, 2018 | — | Justin Collins | — | Deed · related | $304k · Guaranty Bk |
| Jul 14, 2017 | — | Justin Collins | Mendez,daniel R & Lidia E | Warranty Deed | $304k · Guaranty Bk |
| — | — | Justin Collins | — | Loan Modification · related | $304k · Guaranty Bk |
| — | — | Justin Collins | — | Loan Modification · related | $304k · Guaranty Bk |
| — | — | Justin Collins | — | Deed Of Trust · related | $20k · Guaranty Bk |
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $530,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $744,000
Market price range: $744k - $1.70M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- 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
