3838 S Hwy 287
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3838 S Hwy 287
11,400 SF Industrial Building Waxahachie, TX 75165 £1,326,253 (£116/SF) 7.22% Net Initial Yield
Executive Summary
Great investment property for sale, with a net operating income of roughly 122k, taxes being approximately 12K and Insurance being 4,200k. Currently used by a mobile auto repair service. Contract expires in October 2026.
Property Facts
Price | £1,326,253 | Lot Size | 2.00 AC |
Price Per SF | £116 | Rentable Building Area | 11,400 SF |
Sale Type | Investment | Number of Floors | 1 |
Net Initial Yield | 7.22% | Year Built/Renovated | 2000/2021 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Opportunity Zone |
Yes
|
Building Class | C |
Price | £1,326,253 |
Price Per SF | £116 |
Sale Type | Investment |
Net Initial Yield | 7.22% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 2.00 AC |
Rentable Building Area | 11,400 SF |
Number of Floors | 1 |
Year Built/Renovated | 2000/2021 |
Tenancy | Single |
Opportunity Zone |
Yes |
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PROPERTY TAXES
Parcel Number | 219707 | Improvements Assessment | £274,480 |
Land Assessment | £1,097,921 | Total Assessment | £1,372,402 |
PROPERTY TAXES
Parcel Number
219707
Land Assessment
£1,097,921
Improvements Assessment
£274,480
Total Assessment
£1,372,402
zoning
Zoning Code | F1 (Commercial) |
F1 (Commercial) |
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3838 S Hwy 287
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