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Property profile & analytics
FOR LEASE
Industrial properties
3002 Tem Tex Blvd Terrell, TX 75160
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-4018124
For Lease
1 / 2
$615,000
3002 Tem Tex Blvd, Terrell, TX 75160
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Property summary
AI-generated overview
This exceptional 5.1-acre industrial property in Terrell, Texas, offers 46,900 square feet of versatile space, ideally suited for manufacturing, warehousing, and commercial operations. Strategically located on Temtex Blvd, it boasts convenient access to major transportation arteries, including US 80 and Interstates 20 and 30, placing it within a 30-minute commute of Dallas' central business district. The property comprises multiple buildings constructed between 2006 and 2008, featuring high ceilings in the warehouse, ample parking, fenced storage, and multiple grade-level doors. The office space includes a luxurious finish, double-level offices, a break area, and restrooms. The property benefits from substantial three-phase power across all buildings (Building 1: ~1600 AMPS 240 Volts
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Total area
24,000 SF
Lot
1.83 ac (79,671 SF)
APN
00.2480.0002.0002.00.06.00
UPID
US82-4018124
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
-
Mechanical Sheet Metal Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$497k
Blend (final)
Blend
$615k
Owner & transaction history
Mechanical Sheet Metal INC · 7 yrs held
Mechanical Sheet Metal INC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Terrell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Terrell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$490,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$26 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,736
Tax year 2023
Assessed value
$1,220,178
Assessed 2024
Previous assessed
$1,220,306
0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$75,000
Assessed improvement
$1,145,178
Land market value
$75,000
Improvement market value
$1,145,178
Total market value
$1,220,178
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2008
Heating
NONE
Buildings
2
Stories
1
Total area
24,000 SF
Lot
1.83 ac (79,671 SF)
APN
00.2480.0002.0002.00.06.00
UPID
US82-4018124
Jurisdiction
KAUFMAN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$490,000
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
1
Buildings
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
Mechanical Sheet Metal INC
Entity
Mailing address
3002 TEM TEX BLVD, TERRELL, TX 75160-6593
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2019
—
Mechanical Sheet Metal INC
—
Grant Deed
related
$1,732,071 · Alliance Bk
Oct 19, 2017
—
Mechanical Sheet Metal INC
—
Trustees Deed
related
$150,000 · Alliance Bk
Apr 17, 2007
—
Mechanical Sheet Metal INC
—
Trustees Deed
related
$600,000 · First State Bank Mesquite
—
—
Mechanical Sheet Metal INC
—
Deed Of Trust
related
$125,000 · American Nat'l Bk/tx
—
—
Mechanical Sheet Metal INC
—
Loan Modification
related
$579,140 · American Nat'l Bk/tx
—
—
Mechanical Sheet Metal INC
—
Loan Modification
related
$600,000 · First State Bank Mesquite
—
—
Mechanical Sheet Metal INC
—
Deed Of Trust
related
$249,771 · First State Bank Mesquite
—
—
Mechanical Sheet Metal INC
—
Deed Of Trust
related
$169,808 · First State Bank Mesquite
—
—
Mechanical Sheet Metal INC
—
Deed Of Trust
related
$525,000 · American National Bank Texas
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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