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1.75 ACRES*I 30 w/IMPROVEMENTS*WORTH 1 MIL.*ASSUME NOTE*SELL 1/2 PRICE
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Property Description |
1.75 ACRES ON THE BUSIEST INTERSTATE IN TEXAS WITH OVER $500,000 IN IMPROVEMENTS. THE LAND WITH IMPROVEMENTS IS WELL WORTH OVER I MILLION. THIS INTERSTATE 30 FRONTAGE PROPERTY IS LOCATED IN THE FASTEST GROWING CITY IN THE USA AND IS LOCATED 5 MILES FROM DALLAS, TEXAS.
GIVEAWAY PRICED TO SELL TODAY. WE MUST RELOCATE TO ANOTHER CITY. JUST REDUCED FROM $750,000 TO $580,000. MY HUGE LOSS IS YOUR GAIN. I HAVE OVER $705,000 INVESTED IN IT. THIS PRICE WILL BE A NO HAGGLE PRICE. I AM ALREADY LOSING OVER $125,000 ON THIS PROPERTY. I DONT LIKE THE GAME OF NEGOTIATION BACK AND FORTH. IF YOU DO NOT WANT TO PAY THE NO HAGGLE PRICE OF $580,000-- THANKS FOR LOOKING AND HIT THE BACK BUTTON.
I DO HAVE A ASSUMABLE LOAN ON THIS PROPERTY, BUT YOU MUST HAVE GOOD CREDIT TO ASSUME IT. THIS WOULD SAVE SOMEBODY A LOT MONEY ON CLOSING COSTS. THIS ASSUMABLE LOAN IS AT A VERY GOOD INTEREST RATE TOO.
THIS PROPERTY HAS DOUBLED IN VALUE JUST IN THE LAST 3 YEARS. THIS PROPERTY IS LOCATED IN ROCKWALL, TEXAS. It has not been annexed by Rockwall yet, so you can put any kind of business you want here. There is no code enforcement, so you can do whatever improvements you want to. This is a very unique commercial property----The only property for sale in Rockwall on Interstate 30 right now that has not been annexed by the city.This alone makes this property that much more valuable.IT HAS A LIKE NEW 3 BEDROOM 2 BATH MODULAR HOME THAT IS CURRENTLY BEING OCCUPIED.HALF OF THE LAND AND HOUSE CAN BE HOMESTEADED.
IT HAS A VERY NICE BRAND NEW OFFICE / WAREHOUSE WITH A BATHROOM IN THE FRONT OF THE PROPERTY. IT ALSO HAS 40 ALMOST NEW WAREHOUSES TOTALING 4000 SQUARE FEET + 2 BRAND NEW 200 SQUARE FOOT OFFICES. BOTH OF THEM ARE ALREADY LEASED OUT. THE MINI STORAGES ARE 100% FULL. 8 INCH THICK CONCRETE ENTRANCE AND DRIVEWAY. CUSTOM BUILT FENCE WITH WIRELESS OR KEY PAD ENTRANCE. THE WHOLE 1.72 ACRES IS PAVED IN FLEX BASE.
THIS PROPERTY IS ALMOST NEW AND IS ALREADY BRINGING IN A POSITIVE CASH FLOW FROM MANY DIFFERENT SOURCES- 1. INDOOR ANTIQUE CAR STORAGE 2. RV STORAGE 3. BOAT STORAGE 4. OUTDOOR CAR STORAGE 5. TRAILER STORAGE 6. CAR SALES 7. TRAILER SALES 8. TWO OFFICE RENTALS 9. 1500 SQUARE FOOT WAREHOUSE/SHOP RENTAL 10. MINI STORAGE 11. PARK AND SELL RENTAL 12.THREE BEDROOM 2 BATH HOUSE RENTAL WITH THE BEST SCHOOL DISTRICT IN TEXAS-ROCKWALL/HEATH W/MULTI MILLION DOLLAR SCHOOLS. This also makes this ( not annexed yet and grand fathered in ) property highly unique and very desirable--- cash flow from so many differant sources. This is very important in a questionable economy.
IN CASE YOU HAVE HOT HEARD, RESIDENTIAL PROPERTY IS GOING DOWN IN VALUE BY THE DAY. COMMERCIAL PROPERTY IS RED HOT---ESPECIALLY INTERSTATE 30 FRONTAGE CLOSE TO LAKE RAY HUBBARD IN ROCKWALL. THIS PROPERTY WILL BE A GOLD MINE FOR ANYBODY LOOKING FOR AN SOLID INVESTMENT!!! |
| Contact person: |
DAVE |
| Seller Type: |
PrivateOwner |
| Phone: |
214-364-4244 |
| Email: |
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| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Industrial |
| Price($): |
580,000 |
| Street Address: |
4480 EAST INTERSTATE 30 at HIGHWAY 205 |
| City: |
ROCKWALL |
| Region: |
Texas |
| ZIP/Postal Code: |
75087 |
| Bedrooms: |
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| Bathrooms: |
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| Stories: |
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| Square Feet: |
75000 |
| Lot Size: |
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| Year Built: |
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| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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