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    FOR LEASE
    Commercial real estate

    835 Redwater Rd, Wake Village, TX 75501

    7,857 SF 1.19 ac lot Built 1992
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US82-2478488
    Property summary
    AI-generated overview

    This exceptional 10,000-square-foot property in Wake Village, Texas, offers a unique blend of office and warehouse space, ideal for a variety of businesses. Situated on a 1.19-acre lot at 835 Redwater Road, conveniently located off I-369, this property ensures excellent accessibility and connectivity. The building, constructed in 1992, comprises two single-story structures totaling 10,000 square feet. The layout features a well-designed 4,500-square-foot office area, providing a balance of open and private workspaces to suit diverse operational needs. Complementing the office space is a substantial 5,500-square-foot warehouse, fully air-conditioned, offering ample storage capacity. This versatile space is suitable for a wide range of uses, including but not limited to dance studios, daycare centers, and service companies. The property's strategic location and adaptable design make it an attractive opportunity for businesses seeking a functional and accessible space in a convenient location. The property's zoning allows for Traditional Office, Coworking, Executive Office, Medical Office, Creative Office, Warehouse, Manufacturing, Flex, Distribution, and R&D uses. This single-tenancy building presents a compelling investment opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1992
    Total area 7,857 SF
    Lot 1.19 ac (51,836 SF)
    APN 35167
    UPID US82-2478488
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $736k
    Blend (final) Blend
    $760k
    Owner & transaction history
    VIM PROPERTIES LLC
    VIM PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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