1608 W Moore Avenue Active Save Request In-Person Tour Request Virtual Tour
Terrell,TX 75160
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Terrell Rev
MLS Listing ID 20321787
Total Fin. Sqft 28420
Year Built 1963
Annual Tax Amount $29,106
Lot Size 3.081 Acres
Acres 3.081
Property Description
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.
Location
State TX
County Kaufman
Zoning Commercial Main
Direction From Dallas take US Hwy 80 to Terrell, building at corner of US 80 and SH 205 Hard Corner, previously Ford Dealer.
Interior
Heating Electric
Cooling Central Air
Flooring Carpet,Ceramic Tile,Concrete
Heat Source Electric
Exterior
Utilities Available Asphalt,City Sewer,City Water,Concrete,Electricity Connected,Master Water Meter
Roof Type Asphalt,Metal,Mixed
Parking Type Asphalt,Garage,Garage Door Opener,Garage Faces Front,Open,Paved
Garage No
Building
Lot Description Acreage,Corner Lot
Foundation Slab
Structure Type Aluminum Siding
Others
Ownership Of Record
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition Aerial Photo