1608 W Moore Avenue, Terrell, Texas 75160

TX, Terrell
$3,900,000
  • 3.08 Acre
  • Commercial Sale Property Type
  • 1963 Year Built
  • Active Status
Juan Carlos Cruz
Juan Carlos Cruz Texas Investment Properties
  • + 214-666-6062
  • Info@texasinvestment.properties
  • 15280 Addison Rd Suite 120 Addison
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.

Listing Information
  • Co List Agent Full Name: Frank Roberts
  • List Agent Mls Id: 0524424
  • List Office Mls Id: RMLM01
  • Listing Term: Cash, Conventional, Other
  • Mls Status: Active
  • Modification Timestamp: 2024-09-30T17:57:31Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2023-05-23T13:54:00Z
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20321787
  • Price: $3,900,000
  • Year Built: 1963
  • Lot Area: 3.08 Acre
  • Status: Active
  • Listing Status: Active
  • Office Name: RE/MAX Landmark
  • Agent Name: Frank Roberts
  • Property Sub Type: Retail
  • Roof: Metal, Asphalt, Mixed
Features
  • Heating System Electric
  • Cooling System Central Air
  • Parking Garage Door Opener, Garage, Garage Faces Front, Open, Asphalt, Paved
  • Utilities Sewer Available, Electricity Connected, Water Available
  • Flooring Carpet, Ceramic Tile, Concrete
  • Sewer Public Sewer
Address Map
  • Country US
  • State TX
  • County Kaufman
  • City Terrell
  • Subdivision Terrell Rev
  • Zipcode 75160
  • Street: Moore
  • Street Number: 1608
  • Street Suffix: Avenue
  • Longitude: W97° 41' 56''
  • Latitude: N32° 44' 17.6''
  • Directions: From Dallas take US Hwy 80 to Terrell, building at corner of US 80 and SH 205 Hard Corner, previously Ford Dealer.
  • Street Dir Prefix: W
Additional Information
  • Building Size: 28420
  • Business Type: Auto Body,Auto Dealer,Auto Parts,Auto Repair-Specialty,Auto Service
  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • Lot Features: Acreage, Corner Lot
  • Number Of Units Total: 4
  • Stories Total: 2
Financial
  • Tax Annual Amount: 29106.0

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