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    FOR SALE
    Commercial real estate

    5302 W 7Th St, Wake Village, TX 75501

    12,733 SF 2.08 ac lot Built 1982
    Individually Owned 12-yr Hold Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap 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
    $535k
    Owner & transaction history
    Lawrence P Gilbert · 12 yrs held
    Lawrence P Gilbert
    since 2013
    1 recorded transaction
    2013
    $70,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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