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5302 W 7Th St Wake Village, TX 75501

Commercial real estate Google Maps
12,733 SF 2.08 ac lot Built 1982
Individually Owned 13-yr Hold Free & Clear
Estimated value (blended)
$365k
Range $329k – $402k (±10%)
Property ID US82-4834057

Property summary

AI-generated overview

This exceptional 12,795-square-foot industrial warehouse, located at 5302 W. 7th St in Wake Village, Texas, presents a compelling investment opportunity. Priced at $665,340 ($52/sq ft), the property boasts a desirable location on a busy thoroughfare, surrounded by established businesses including Walmart Neighborhood Market, Albertsons, McDonald's, Discount Wheel and Tire, and Morrison Supply Company. The building itself is vacant and ready for immediate occupancy, offering significant potential for various uses. Key features include fourteen 14-foot roll-up dock high doors, providing ample access for loading and unloading. The property also includes two large offices, a retail and parts counter, a new air compressor and lines, and 15-foot walls. Adding to its appeal is a one-acre fenced-in yard, offering secure outdoor storage space. This property is situated in Bowie County, Texas, with a 75501 zip code. The combination of prime location, substantial square footage, and desirable features makes this warehouse an attractive proposition for investors and businesses seeking a well-equipped industrial space in a thriving commercial area. The property is ready for immediate use.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Total area 12,733 SF
Lot 2.08 ac (90,735 SF)
APN 15246
UPID US82-4834057

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$705k
Blend (final) Blend
$365k

Owner & transaction history

since 2013
1 recorded transaction
2013
$70,500

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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More about this property
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