1608 W Moore Avenue, Terrell

$3,900,000

0 Beds
0 Baths
0 Sqft
3.08 Acres
0 Garages

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.

Essential Information
MLS® #20321787
Price$3,900,000
Bathrooms0.00
Acres3.08
Year Built1963
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address1608 W Moore Avenue
SubdivisionTerrell Rev
CityTerrell
CountyKaufman
StateTX
Zip Code75160-2308
Amenities
Utilities

Asphalt, City Sewer, City Water, Concrete, Electricity Connected, Master Water Meter

Garages

Asphalt, Garage Door Opener, Garage, Garage Faces Front, Open, Paved

Interior
HeatingElectric
# of Stories2
Stories2
Exterior
Lot DescriptionAcreage, Corner Lot
RoofAsphalt, Metal, Mixed
ConstructionAluminum Siding
FoundationSlab
Additional Information
ZoningCommercial Main
Listing Details
AgentFrank Roberts
OfficeRE/MAX Landmark

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Listing information last updated on November 25th, 2024 at 9:31am CST.

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