3.1 Acres of Improved Commercial Land for Sale in Terrell, Texas
1608 W Moore Ave, Terrell, TX 75160
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.
Directions
From Dallas take US Hwy 80 to Terrell, building at corner of US 80 and SH 205 Hard Corner, previously Ford Dealer.
Property details
- County
- Kaufman County
- Community
- Terrell Rev
- Elevation
- 502 feet
- MLS Number
- NTREIS 20321787
- Date Listed
Legal description
TERRELL REV BLOCK 708 LOT 3 PP#-SEE NOTES
Parcels
- 41585
Resources
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Aluminum Siding
- Roof
- Asphalt
- Cooling
- Central A/C
- Heating
- Electric
Interior
- Floors
- Carpet, Concrete, Tile, Tile - Ceramic
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 24, 2023 | New listing | $3,900,000 | — | NTREIS |