605 Tool Dr Tool, TX 75143
- Commercial real estate
- 2,854 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 605 Tool Dr
- Lot size
- 1.00 lot acres
- Property size
- 2,854 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property in Tool, Texas, presents a unique investment opportunity. Situated on a one-acre lot directly on Highway 274, this property boasts excellent visibility and convenient access. The property features a combined 2,854 square feet of space, including a 1,964 square foot updated residential component and a 900 square foot office space. The residential area offers three bedrooms and two bathrooms, benefitting from a recently updated roof (installed within the last two years) and HVAC system (also installed within the last two years). The office space features a durable metal roof. Adding to the property's functionality is a 40x30 foot steel garage located behind the office, providing ample storage or workshop space. This property is ideally suited for a variety of uses, making it an attractive option for both established businesses seeking expansion and entrepreneurs looking to establish a new venture within the city limits of Tool. The asking price for this versatile property is $475,000. Its combination of residential and commercial space, coupled with its prime location and recent upgrades, makes it a compelling investment opportunity in the thriving Texas market.
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
- Tool
- County
- Henderson
- State
- Texas
- Longitude
- -96.1777863
- Latitude
- 32.2762985