2407 N Preston St Ennis, TX 75119
For Sale
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This Ennis, Texas industrial property, located at 2407 & 2411 N Preston Street, offers 66,500 square feet of warehouse and distribution space for sale. The property consists of two buildings: a large 62,500 square foot building and a smaller 4,000 square foot building, built in 1961, 1980, and 1994 respectively. Situated on a 3.21-acre lot (139,827 square feet), this Class C property features 6 dock-high doors and 1 grade-level door, providing ample loading and unloading capabilities. Ceiling heights range from 14 to 20 feet, offering versatile storage options. The property includes 30+ parking spaces and benefits from 3-phase, 240v, 200-amp power. Conveniently located with easy access to I-45 and 287, this property is zoned for industrial use and is offered at $5,250,000 ($78.95/sq ft). The sale is a Net Net lease (NN) with the property currently vacant. This presents a significant opportunity for light industrial manufacturing or warehousing operations.
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Creep It Cheap Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
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
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.