3061 State Highway 66, Caddo Mills, Texas, 75135
$1,850,000
22,364 Sqft
3.94 Acres
#21419994
This highly productive and 100% leased property is ideally suited for savvy investors looking for a stabilized income with long term tenants. The masonry and steel constructed improvements were originally designed and used as a church, later repurposed with 22,364 square feet of leasable area in two leased units. The long-term tenants include a bi-lingual day care and gymnastics and cheer facility utilizing the full-size gym and related office, conference, viewing areas and kitchen. This high traffic location is located just east of downtown Caddo Mills, Texas, one of the fastest growing communities in the DFW and Hunt County area, with excellent schools, significant residential development and prospects for continued growth and sustainability. This leased fee property is surrounded by commercial, retail and industrial uses with additional excess land available on the site that affords the opportunity to increase the income possibilities with additional improvements or other uses. Supporting lease and other statistical data available from the listing agent. Due to the nature of the current tenant uses, special showing arrangements will need to be made when possible. The seller is a licensed real estate agent.
PROPERTY FEATURES
- 2 Unit(s)
- Business Type: Athletic,Child Care,Church,Commercial,Distribution,Industrial,Manufacturing,Mixed,Warehouse
- Utilities : All Weather Road,Asphalt,City Sewer,City Water,Master Water Meter,Overhead Utilities
- Parking Features: Porte-Cochere,Concrete,Direct Access,Gravel,Oversized,Parking Lot
- Security Features : Security System,Smoke Detector(s)
- Lot Features : Acreage,Level,Lrg. Backyard Grass
- Lot Features : Metal,Shingle
- Road Frontage Type : Highway,State Road
- Building Use : Church,Other
- Cooling: Central Air,Electric
- Heating : Central,Electric
- Construction Materials: Brick,Metal Siding,Stone Veneer,See Remarks
- Construction Materials Walls : Brick,Metal
- Foundation Details: Slab
- Topography : Level
- Flooring : Ceramic Tile,Concrete,See Remarks
- Ceiling Height : 11 to 14 Feet,More than 20 Feet,Suspended
- Green Verification Count : 0
- Special Notes : Survey Available,Utility Easement,Verify Rollback Tax,Verify Tax Exemptions
- Zoning Description : Commercial uses
- Title Company Preferred: Kincy Sabine Title Co
PROPERTY DETAILS
ID: 21419994
Status: Active
Price: $1,850,000
Acres: 3.94 Acres
Price Per Acre: $469,543
Type: Commercial
Address: 3061 State Highway 66
City, State: Caddo Mills, Texas
County: Hunt
Zip Code: 75135
Lat/Long: 33.076501, -96.21356
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