2222 State Hwy 64th W Henderson, TX 75652-7010
- Commercial land
- 4.10 lot acres
Current Use by Public Records
- TR Portables / Portable Building Manufacturer
Property Details for 2222 State Hwy 64th W
- Lot size
- 4.10 lot acres
- Property type
- Commercial land
- APN
- 27456
- APU
- 27456
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Rusk
- State
- Texas
- Longitude
- -94.827
- Latitude
- 32.1688
- CBSA code
- 30980
- CBSA name
- LONGVIEW, TX METROPOLITAN STATISTICAL AREA
