Commercial Sale For Sale

1608 W Moore Avenue, Terrell, Texas 75160

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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
Commercial Sale For Sale
  • Listing ID : 20321787
  • Lot Area : 3.08 Acre
  • Visits : 9
$3,900,000