Property profile

24301 Hwy 79 Thrall, TX 76578

OFF-MARKET
Industrial properties
Property ID
US83-0745179
6,064 SF 15.27 ac lot Built 1978
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 15.27-acre industrial property in Thrall, Texas, presents a significant investment opportunity. The site boasts a total of 13,865 square feet of industrial space, comprised of three metal shell buildings totaling 13,358 square feet and a separate 507 square foot office building. Strategically located on Highway 79, the property benefits from excellent visibility and accessibility, including a dedicated eastbound turn lane and 417 feet of road frontage. The property is situated outside of the 100-year floodplain, minimizing risk. Utilities are readily available, with city water and sewer services nearby, and an existing septic system on-site. Power is supplied by Shell Energy, featuring a deregulated three-phase system with three transformers providing 750 kVA capacity. A wholesale electrical contract is currently in place. An existing weigh scale adds further functionality. The property is conveniently located near the new Samsung plant, offering significant potential for growth and synergy. No easements or restrictions are in place, aside from standard utility easements. A fire hydrant is conveniently located nearby on Highway 79. This turnkey operation presents a rare opportunity to acquire a well-equipped and strategically positioned industrial property in a rapidly developing area. The asking price is $2,250,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Total area 6,064 SF
Lot 15.27 ac (665,161 SF)
APN R-01-0059-1000-0092A
UPID US83-0745179

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24301 Hwy 79 Thrall, TX 76578-8559
Thrall metro Census 20900 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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