3.56 Acres Lot
3.56 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Western Hills Add Sec 5
MLS Listing ID 21294842
Total Fin. Sqft 18885
Year Built 1983
Annual Tax Amount $53,684
Lot Size 3.560 Acres
Acres 3.56
Property Sub-Type Retail
Property Description
The property is commercially zoned and allows for professional offices, salon suites, recreational facilities, gym, retail shops (except smoking or vape shops), shopping, cafe, restaurants, and other businesses. The property is anchored by Casey's General Stores convenience store and gas station, providing strong traffic and visibility.
With a current pro-forma NOI potential of $265,226, this property offers significant value-add opportunity through leasing the vacant spaces. The property is diagonally located near Walmart Neighborhood Market, providing excellent co-tenancy and traffic generation.
Location
State TX
County Grayson
Zoning Retail
Direction Go towards north in US 75 , go towards west in Lamberth Rd until N heritage Pkwy, the property is on the left.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete, Other
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Roof Type Flat,Other
Garage No
Building
Foundation Slab
Structure Type Brick,Frame,Stucco,Other
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21294842
