Address
1608 W Moore Avenue, Terrell, TX
Price
$ 3,900,000
Property Attributes
  • MLS#20321787
  • TypeCommercial
  • CountyKAUFMAN
  • CityTerrell
  • NeighborhoodTerrell Rev
  • Zip75160
  • StyleRetail
  • Year Built1963
  • Taxes$ 29106
  • Price$ 3,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.081 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

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.

Price History
5/23/2023 Listed $3,900,000

General Features

Heating Electric
Cooling Central Air
Utilities Asphalt,City Sewer,City Water,Concrete,Electricity Connected,Master Water Meter
Ceiling Height 15 to 20 Feet
Possession Negotiable
Roof Asphalt,Metal,Mixed
Exclusions All personal property currently stored in buildings.
Year Built 1963
Tenant Pays Other
Business Type Auto Body,Auto Dealer,Auto Parts,Auto Repair-Specialty,Auto Service
Unexempt Taxes 29106
Building Use Automotive,Building Services,Office/Warehouse,Retail,Storage Warehouse,Wholesale,Other
Will Subdivide No
Gross Annual Expenses 999.00
Property SubType Retail
Subdivision Name Terrell Rev
Zoning Description Commercial Main
County Kaufman
Property Type Commercial Sale
Construction Materials Aluminum Siding
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions From Dallas take US Hwy 80 to Terrell,building at corner of US 80 and SH 205 Hard Corner,previously Ford Dealer.
City Terrell
Buyer Agent Compensation 3
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20321787
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Ceramic Tile,Concrete
Total Stories 2
Total Units 4
SQFT Gross 21056
Lock Box Type Combo

Exterior Features

Lot Features Acreage,Corner Lot
Freight Doors Grade Level
Lot Size Source Appraiser
Parking Features Asphalt,Garage,Garage Door Opener,Garage Faces Front,Open,Paved
Lot Size 3 to < 5 Acres
Foundation Slab
Lot Size Area 3.0810
Lot Size Units Acres
Construction Materials Walls Brick
Building Area Total 28420.00
Road Frontage Type City Street,Highway
Lot Size Square Feet 134208.3600
Lot Size Acres 3.0810

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75160

Price
AVG $930K
$3.9M
Taxes
AVG $7,160
$29,106
Visits
AVG 148
514
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1963
Walkscore
AVG 26
52
Data Provided by Walkscore® not using MLS data

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