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Property profile & analytics
OFF-MARKET
Industrial properties

7000 Deer Run Kemp, TX 75143-3398

12,400 SF 1.22 ac lot Built 2007
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3738697
Property summary
AI-generated overview

This exceptional investment opportunity presents a 12,523-square-foot warehouse located at 7000 Deer Run in Kemp, Texas, within Kaufman County (zip code 75143). Built in 2007, this single-story building sits on a 1.216-acre lot and boasts a 20+ foot ceiling height, ideal for various industrial uses. The property features five loading docks, ensuring efficient operations. Currently occupied by a single tenant under a triple-net (NNN) lease, this asset offers significant long-term stability. The lease extends until 2033, with a built-in option for a five-year extension, and includes a 3% annual rent increase. The asking price is $1,375,000, representing a compelling $109.80 per square foot and a strong 5.72% capitalization rate based on a net operating income (NOI) of $78,689. The property is zoned for commercial and industrial use, providing flexibility for future development. The property's location offers easy highway access, enhancing its logistical advantages. This is a rare opportunity to acquire a well-maintained, income-producing warehouse with a long-term tenant and significant upside potential. The APN is 52988.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2007
Total area 12,400 SF
Lot 1.22 ac (52,969 SF)
APN 00.3753.0000.0104.00.04.00
UPID US82-3738697
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Summit Steel Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fourmont Properties LLC · 4 yrs held
Fourmont Properties LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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