550 S Fm 1138 Nevada, TX 75173
- Commercial real estate
- 3,136 SF
- 1.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 550 S Fm 1138
- Year built
- 1974
- Lot size
- 1.44 lot acres
- Property size
- 3,136 SF
- Property type
- Commercial real estate
Description
This unique 3,136 square foot building presents a rare investment opportunity in Nevada, Texas, a rapidly developing area of Collin County. The property, formerly an AT&T microwave equipment center, features robust 24-inch rhubarb concrete walls and impressive 15-foot ceilings. The expansive open floor plan offers exceptional flexibility for a wide range of uses, from industrial to commercial. The building's electrical system has undergone a recent upgrade by a previous tenant, specifically for cryptocurrency mining operations. This upgrade includes three Eaton PRL1a panels, each supporting three-phase, 208Y/120V power. Approximately $10,000 worth of electrical cabling remains on-site. Plumbing is already in place for kitchen, bathroom, and office spaces, simplifying future build-outs. The property sits on a sizable 1.44-acre lot, providing ample space and enhanced privacy, further secured by a perimeter fence and dedicated parking area. This combination of features, location, and infrastructure makes this property an exceptional investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nevada
- County
- Collin
- State
- Texas
- Longitude
- -96.37276
- Latitude
- 33.02886
