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8299 US 67 5,625 SF Retail Building Winfield, TX 75493 $375,000 ($66.67/SF) 12.37% Cap Rate
EXECUTIVE SUMMARY
Solid Commercial grade Metal Building on slab. Great location just off I-30 near Mount Pleasant. New Silicon Roofing applied to provide energy efficiency. Four 20'x12' flex/metal doors and access doors. An apartment unit has been framed in the back with office. Established Bulk Herbal & Distribution business with Shopify driven eCommerce website produces the NOI number stated with lots more potential for Entrepreneur who knows how to perform marketing activities. Owner says to move it ready to turn over to fresh buyers who have a interest in providing healthy products or just want a building property. The Gross Income number is without any marketing. Building only discounted price not including business. OPEN for All Offers.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
5,625 SF
Building Class
C
Year Built
2008
Price
$375,000
Price Per SF
$66.67
Cap Rate
12.37%
NOI
$46,395
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.42 AC
PROPERTY TAXES
| Parcel Number | 9969 | Improvements Assessment | $219,994 |
| Land Assessment | $27,900 | Total Assessment | $247,894 |
PROPERTY TAXES
Parcel Number
9969
Land Assessment
$27,900
Improvements Assessment
$219,994
Total Assessment
$247,894
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Presented by
Ed Carter
8299 US 67
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