1.19 Acres Lot
1.19 Acres Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21409138
Total Fin. Sqft 3800
Year Built 2014
Lot Size 1.188 Acres
Acres 1.188
Property Sub-Type Business
Property Description
Value -add invester opportunity in Weatherford-Cool! This 1.118 acre prtoperty on high-traffic Mineral Wells Hwy (US180) features a 35 unit storage facility, a large 1800 Sq Ft commercial workshop, and a 600 sq ft 1bed 1 bath fixer upper home. Due strictly to past property managment challenges, the storage facility is heavily under rented ( only 4 units currently occupied), offering an incredible turnaround play. Storage infrastructure includes 31 (10x10) units at market rent of $85.00-mo and 4 (5x5) units at $55.00-mo, projecting a baselinestorages gross income of $2,855-mo ( $34,260-yr.) at full occupancy. The large, 1800 sq.ft workshop is perfectfor a contractor, mechanic, or owner operator, or leased out for additional income. The 1.188 acres offers execellent highway visibility, prominent signage potential, and ample open land( with 4 ingress-egress options) to expand into lucrative boat-rv parking. Bring your management skills to unlock this multi-stream income property.
Location
State TX
County Parker
Zoning not zoned
Direction From Weatherford travel west on Mineral Wells Hwy. Go past 113 North the property is on the North side of Hwy 180.
Interior
Heating Other
Cooling Other
Flooring Concrete
Heat Source Other
Exterior
Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Private Sewer, Septic
Roof Type Composition,Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding,Wood
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21409138
