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6825 Us Hwy 87th E China Grove, TX 78263-6035

OFF-MARKET Commercial real estate Google Maps
3,782 SF 7.21 ac lot Built 1992
Entity Owned 23-yr Hold ~ Est. High Equity
Estimated value (blended)
$580k
Range $522k – $638k (±10%)
Property ID US82-2185154

Property summary

AI-generated overview

This exceptional income-producing multi-tenant property in China Grove, Texas, presents a compelling investment opportunity. Located at 6825 US Hwy 87 E, this 7+ acre site boasts seven individual buildings, each offering approximately 400,000 dollars in value. The property's strategic location offers excellent visibility and accessibility, situated off US Highway 87 E near Foster Road. Its proximity to major distribution hubs, including the HEB Super Regional Warehouse, Amazon Fulfillment Center, and Dollar General Distribution Center, ensures high traffic counts and strong tenant demand. The flexible space caters to a variety of industrial uses, making it an ideal investment for both seasoned and emerging investors seeking a diversified portfolio. The asking price for the entire portfolio is $2,800,000, representing a significant value proposition in a thriving industrial market. This multi-tenant property offers a stable income stream with potential for future appreciation, making it an attractive addition to any real estate portfolio. The property's seven buildings provide a diverse range of options for tenants, ensuring consistent occupancy and rental income. This is a rare opportunity to acquire a well-located, income-generating industrial property in a rapidly growing area of Texas.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Total area 3,782 SF
Lot 7.21 ac (314,155 SF)
APN 05127-000-0030
UPID US82-2185154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
$575k
Comparable Approach Comparable
$798k
Blend (final) Blend
$580k

Owner & transaction history

since 2003
6 recorded transactions
2019
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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