1608 W Moore Avenue, Terrell, Texas 75160

TX, Terrell
$3,900,000
  • 3.08 Acre
  • Commercial Sale Property Type
  • 1963 Year Built
  • Active Status
Tracy Hammons
Tracy Hammons AT Home Texas Real Estate
  • 9034542824
  • tracy.hammons@athometx.com
  • 7902 Traders Circle Suite A
Property Description

Located in Opportunity Zone: Occupied by a new car dealership in Terrell, just 30 miles east of Dallas, this property presents a lucrative opportunity. Ideal for car or equipment dealerships, distribution centers, or retail ventures, it is strategically located at the major intersection of SH 205 and US Hwy 80. The building offers a service bay, showroom, parts department, offices, and ample parking. Recently renovated, it meets all Certificate of Occupancy guidelines set by the City of Terrell. Currently under a one-year lease to a Hyundai Dealer, the property is operating at approximately an 8% cap rate. Situated at a major highway intersection, this property ensures prime visibility and accessibility in a thriving area. The ongoing lease with a reputable tenant adds to the investment appeal, making it an ideal opportunity for those seeking a stable and income-generating commercial property in a strategic location.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20321787
  • Price: $3,900,000
  • Year Built: 1963
  • Lot Area: 3.08 Acre
  • Status: Active
  • Office Name: RE/MAX Landmark
  • Agent Name: Frank Roberts
  • Property Sub Type: Retail
  • Roof: Metal,Asphalt,Mixed
Features
  • Heating System Electric
  • Cooling System Central Air
  • Parking Open,Asphalt,Garage Faces Front,Garage,Garage Door Opener,Paved
  • Flooring Concrete,Carpet,Ceramic Tile
  • Sewer Public Sewer
  • Utilities Sewer Available,Electricity Connected,Water Available
Address Map
  • Country US
  • State TX
  • County Kaufman
  • City Terrell
  • Zipcode 75160
  • Street: Moore
  • Street Number: 1608
  • Street Suffix: Avenue
  • Longitude: W97° 41' 56''
  • Latitude: N32° 44' 17.6''
  • Street Dir Prefix: W
Additional Information
  • Lot Features: Acreage,Corner Lot
  • Stories Total: 2
  • Number Of Units Total: 4
  • Foundation Details: Slab
  • Construction Materials: Aluminum Siding
  • Business Type: Auto Body,Auto Dealer,Auto Parts,Auto Repair-Specialty,Auto Service
  • Building Size: 28420
Financial
  • Tax Annual Amount: 29106.0
Listing Information
  • Co List Agent Full Name: Frank Roberts
  • List Agent Mls Id: 0524424
  • List Office Mls Id: RMLM01
  • Mls Status: Active
  • Modification Timestamp: 2024-09-30T17:57:31Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
MLS On The Fly