Property profile

464 Cool Jct Millsap, TX 76066

OFF-MARKET
Other office properties
Property ID
US82-3455996
18,310 SF 15.53 ac lot Built 2009
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located at 464 Cool Junction Road in Millsap, Texas, the property includes an approximately 12,550 sq. ft. industrial building and a separate approximately 3,000 sq. ft. office building on about 15 acres, positioned just outside Weatherford city limits with access off Highway 180. The industrial building is configured to support manufacturing, warehousing, or heavy equipment use and includes one private office, an IT room, a break room, and a storage closet. Loading and access are provided by four 20-foot overhead roll-up doors, two 25-foot sliding doors, and two 25-ton overhead cranes. The site is served by 3-phase electrical power. The office building includes a reception area, seven private offices, a conference room, a file room, two restrooms, and four storage closets, providing on-site administrative and support space. The property is structured for a triple-net (NNN) lease arrangement and combines production/warehouse functionality with dedicated office space.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 2009
Total area 18,310 SF
Lot 15.53 ac (676,269 SF)
APN 21538-004-001-00
UPID US82-3455996

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Factory

Location

464 Cool Jct Millsap, TX 76066-2141
Millsap metro Census 140601 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$515k

Owner & transaction history

since 2016
6 recorded transactions
2016
Price N/A
2009
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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