6585 Fm 1417 Denison, TX 75020-8843
- Commercial real estate
- 3,838 SF
- 18.92 lot acres
May 07, 2021
Current Use by Public Records
- R&P International Welding, LLC / Metal Fabricator
- Twisted Communications / Telecommunications Contractor
- DK Discount Storage / Self-Storage Facility / Storage Facility
- R&D Bargains / Store
- R&P International Welding LLC / Metal Fabricator
Property Details for 6585 Fm 1417
- Year built
- 2019
- Lot size
- 18.92 lot acres
- Property size
- 3,838 SF
- Property type
- Commercial real estate
- APN
- 099 7285001
- APU
- 997285001
Description
This exceptional investment opportunity encompasses a substantial 18.92-acre industrial property ideally situated in Denison, Texas, at 6585 N FM 1417. The property boasts a diverse range of warehouse space, perfectly suited for a variety of business needs. The complex includes two 10,000 square foot warehouses, providing ample room for large-scale operations or storage. In addition, there are two 5,000 square foot warehouses, one of which is conveniently subdivided into two 2,500 square foot suites, offering flexibility for smaller tenants or businesses requiring more compartmentalized space. The property also features climate-controlled storage and non-climate-controlled storage options, catering to a wide array of storage requirements. The expansive 18.92-acre lot presents significant potential for future expansion, allowing for the addition of further buildings or the development of supplementary projects to meet evolving business demands. This property represents a rare opportunity to acquire a well-established and versatile industrial complex in a thriving location with substantial room for growth. The asking price for this significant investment is $5,650,000. This is a turnkey operation with significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $465,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $635,000
- 6.5%
- $585,000
- 7%
- $545,000
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Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.6504
- Latitude
- 33.7151
- CBSA code
- 43300
- CBSA name
- SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA