$2,400,000
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1.69 Acres Lot
SOLD DATE : 11/21/2024
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Subdivision Kwik-Trinity Addition
MLS Listing ID 20691593
Sold Date 11/21/24
Total Fin. Sqft 14014
Year Built 2018
Annual Tax Amount $28,000
Lot Size 1.688 Acres
Acres 1.6885
Property Description
Amazing opportunity for an investor looking to add solid passive income into their investment portfolio. Car wash AND fully leased industrial warehouse in Fort Worth-Euless area. Over a 6% cap rate. 2018 built warehouse is a total 11,550 sf with 11 individual units ranging from 450 sf to 1350 sf. All units are leased through mid 2025. The busy 2002 built self serve car wash is fully functional, operational with pumps, spray guns, and foam brushes. Total land area is over 1.6 AC. High density of auto repair and auto parts with retail in the immediate area. Total income on Warehouse is $166,200 and $84,000 on Car Wash, with 41% operating expenses. Seller financing offer available.
Location
State TX
County Tarrant
Zoning Mixed Use Commercial
Direction NW corner of Trinity Blvd and S Main St - 1.5 miles south of Hwy 183 and 1.5 miles west of Hwy 360
Interior
Heating Electric, Natural Gas
Cooling Central Air, Electric
Flooring Concrete
Heat Source Electric, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Connected
Roof Type Metal
Garage No
Building
Lot Description Level, Sprinkler System
Foundation Slab
Structure Type Aluminum Siding,Brick,Concrete
Others
Ownership see tax
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Seller Financing
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Bought with Jp Findley • Rogers Healy and Associates
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States