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- LoopNet Team
5586 E US Highway 82
Gainesville, TX 76240
Flex Property For Sale
INVESTMENT HIGHLIGHTS
- Credit Commercial Tenant just signed a 5-year lease
- Expansion of business park available!
- Current septic will service 2 more office/warehouse buildings of similar size to existing
- Highway frontage on US Highway 82
- Upside future market value due to location and frontage
- There's more office/warehouse demand than supply - upside investment value
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
UTILITIES
- Water - City
- Sewer - Septic Field
ABOUT 5586 E US HIGHWAY 82 , GAINESVILLE, TX 76240
This investment property hosts 1 commercial office/warehouse and 4 residential houses on 5.87 acres. There's an opportunity to expand the commercial business park, allowing Tenants frontage on US Highway 82 (25,000 VPD). The property is only 5 minutes from I-35 and US 82 intersection. Septic system can service 2 more commercial warehouses. Tenants pay electric - all other utilities paid by owner. All residential Tenants are long-term Tenants who would like to sign a lease with new owner or can vacate. Aircraft Hardware West signed a 5-year lease, starting in June. They will occupy 2 of 3 commercial suites.
PROPERTY TAXES
| Parcel Number | 11895 | Improvements Assessment | $377,284 |
| Land Assessment | $389,336 | Total Assessment | $766,620 |
PROPERTY TAXES
