602 Fairway St Fairfield, TX 75840-3020
This exceptional Fairfield, TX commercial property offers a unique opportunity for diverse business ventures. Situated on a generous 1.84-acre lot directly across from the local school, the property features two substantial metal buildings totaling 4,680 square feet. The primary building provides a functional office space with four individual offices, two bathrooms, and convenient overhead storage accessible by forklift. A large roll-up door allows for easy loading and unloading of materials. The secondary building is equally impressive, equipped with a crane for heavy lifting and two additional roll-up doors, providing ample space for storage, manufacturing, or workshop activities. The entire property is secured by a gated entrance, offering enhanced security and peace of mind. Ample parking is available for employees and clients. This property's prime location, combined with its versatile layout and substantial size, makes it an ideal investment for a variety of businesses. The property is priced at $245,000. A lease option is also available for qualified tenants, providing flexibility for potential buyers. Don't miss this chance to acquire a highly desirable commercial property in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
AA2 · Fairfield, TXFairfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.