2222 State Hwy 64th W Henderson, TX 75652-7010
Exceptional investment opportunity: a 5.5-acre commercial land parcel in Henderson, Texas, located at 2222 State Hwy 64, zip code 75652, within Rusk County. This property boasts a highly visible location on a major state highway, offering easy access and significant traffic exposure, ideal for a variety of commercial uses. Currently generating substantial income, the site includes five mobile home pads, each leasing for $250 per month, and an additional $650 monthly lease for storage building sales, resulting in a total gross monthly income of $1900. The property is zoned C-2 General Commercial District, providing flexibility for diverse commercial ventures. The asking price is $350,000, projecting a 7.00% pro-forma cap rate and a $10,500 pro-forma NOI. This presents a rare chance to acquire a profitable, established business with significant upside potential in a thriving Texas market. The property's strategic location and current income stream make it an attractive investment for both seasoned and new commercial property owners. Serious inquiries are encouraged.
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TR Portables Production Facility Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.