7207 Fm 696 Elgin, TX 78621
For Sale
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This exceptional 100,000-square-foot industrial complex in Elgin, Texas, presents a unique investment opportunity. Situated on an expansive 80-acre lot (APN 15126), this single-story property (built in 1981) features three buildings. The main building offers a fully functional office space, complete with multiple offices, conference rooms, open work areas, break rooms, and locker rooms. A second building provides versatile space adaptable to various needs, while a substantial warehouse offers ample storage. The property includes a security gate and existing industrial machinery. Located at 7207 FM 696, Elgin, TX 78621, this property benefits from its strategic location, providing easy access to major transportation routes and local amenities. While mining operations have concluded, limited reclamation is underway, ensuring compliance with all relevant regulations. The property's size and existing infrastructure make it ideal for manufacturing, distribution, or a variety of industrial uses. There is potential for expansion with the possibility of acquiring additional acreage. This well-maintained property is ready for immediate occupancy and represents a significant opportunity in the thriving Texas industrial market. The property's zip code is 78621 and it is located in Lee County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.
