24301 Hwy 79 Thrall, TX 76578-8559
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.