15421 State Highway 198 Mabank, TX 75147

Property Details for 15421 State Highway 198

Year built

2010

Lot size

3.54 lot acres

Property size

3,600 SF

Property type

Investment properties

Description

This exceptional 3,600 square foot warehouse, situated on a 3.54-acre lot in Mabank, Texas, presents a compelling investment or owner-user opportunity. The property boasts prime highway frontage on State Highway 198, enjoying high visibility and traffic flow due to its adjacency to a busy gas station. The warehouse itself sits on approximately 1.04 acres of commercially zoned land, offering ample space for operations or expansion. An additional 2.5 acres of residentially zoned land directly behind the property provides further development potential. The current lease on the warehouse expires in November 2024, opening up various options for the new owner. While there is currently no sewer connection, the property has the potential for connection to city sewer at the buyer's expense. It's important to note that future uses are restricted and cannot include grocery retail. This property's strategic location and versatile zoning make it an attractive proposition for a wide range of businesses seeking high visibility and convenient access to major transportation routes. The combination of warehouse space and additional land presents a unique opportunity for both immediate use and future development. Priced at $495,000, this property offers significant potential for return on investment.