Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1262 Eastgate Rd 5,299 SF Industrial Building Midlothian, TX 76065 $850,000 ($160.41/SF) 10.59% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Welcome to this exceptional commercial property located conveniently off Highway 287. This versatile industrial building offers endless possibilities with its spacious layout, featuring five office suites to accommodate your business needs. The property also includes five bay doors for easy access and efficient operations. Situated on a .5 acre lot, the building boasts a generous 5,299 square feet of functional space. This is a prime opportunity to establish or expand your business in a well-located and highly accessible area. Don’t miss out on the chance to take advantage of this remarkable commercial property. The celling height is 17' and the bay doors are 16'. Additional 1 acre is available. Lot will have to be subdivided to sell building on smaller parcel at this price.

ATTACHMENTS

1262 Eastgate Rd

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $850,000
Price Per SF $160.41
Sale Type Investment or Owner User
Cap Rate 10.59%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.50 AC
Rentable Building Area 5,299 SF
No. Stories 1
Year Built 2004
Tenancy Single

AMENITIES

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
150075
Land Assessment
$238,262 (2025)
Improvements Assessment
$382,204 (2025)
Total Assessment
$620,466 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 32666518

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 1262 Eastgate Rd, Midlothian, TX 76065

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}