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Seagoville, TX 75159
$1,255,000

About this home

Khalil Real Estate is pleased to present an exceptional investment opportunity to acquire a fully leased industrial outdoor storage (IOS) and office property located in Seagoville, Texas. Offered at $1,255,000, the Property provides investors with stable in-place cash flow, generating approximately $6,800 per month ($81,600 annually) in net operating income, representing an attractive 6.5% capitalization rate.

Situated on 1.984 acres (86,423 SF), this fully fenced and secure industrially zoned property is positioned less than one minute from Highway 175, providing excellent access to the Dallas-Fort Worth Metroplex. Industrial Outdoor Storage (IOS) assets continue to experience strong investor demand due to their limited supply, increasing land values, and broad tenant appeal.

The Property is improved with three separate buildings totaling approximately 5,180 square feet, including a fully renovated ±3,720-square-foot office building, a ±610-square-foot auxiliary building with a full kitchen, bathroom, and living quarters, and an ±850-square-foot two-bay mechanic workshop. The improvements are separately metered, providing operational flexibility and enhancing the long-term functionality of the asset.

The current tenant utilizes the Property for towing, vehicle storage, dispatch operations, and fleet management, highlighting the versatility of the site for a variety of industrial users. The Property's industrial zoning, expansive outdoor storage area, and functional improvements position it well for continued occupancy by towing companies, contractors, fleet operators, equipment rental businesses, utility contractors, and other industrial outdoor storage users.

With industrially zoned land becoming increasingly scarce throughout the Dallas-Fort Worth market, this offering provides investors the opportunity to acquire a stabilized, income-producing asset backed by a desirable IOS use, a strategic location, and long-term appreciation potential.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
5180.32
Living Area
0
Lot Size (Acres)
2
Property Subtype
Industrial
Property Type
Commercial Sale
Status
Active
Year Built
2000

Interior

Cooling
Other
Fireplaces
0
Flooring
Other, Tile, Vinyl
Heating
Other

Exterior & Construction

Construction
Other, Vinyl Siding, Wood Siding
Foundation
Other, Pillar/Post/Pier
Lot Features
Acreage, Cleared, Interior Lot, Landscaped, Level, Other, Few Trees
Roof
Composition, Other

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Seagoville
County
Dallas
ZIP Code
75159
State
TX
Subdivision
SEAGO-SIMONDS ADDITION

Financial

Price
1255000

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Electricity Connected, Other, Phone Available, Sewer Available, Water Available

Listing Details

Listing Agent
KARAM KHALIL
Listing Office
KHALiL REAL ESTATE
MLS #
21308571
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21308571

Listing agents

Listing AgentKARAM KHALILKHALiL REAL ESTATE

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