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Property profile & analytics
OFF-MARKET
Commercial land

2222 State Hwy 64th W Henderson, TX 75652-7010

4.1 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US82-6122223
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.1 ac (178,596 SF)
APN 27456
UPID US82-6122223
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
  • TR Portables Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ALEXANDER & MCCAULEY INVESTMENTS LLC
ALEXANDER & MCCAULEY INVESTMENTS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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