12308 Rendon Road, Burleson, TX 76028 - MLS#20760866

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Rhonda Brown

rhonda.brown@c21bowman.com +1(214) 414-2002

$3,999,999

Est. payment - /mo

7.52 Acres Lot

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UPDATED:

11/05/2024 09:10 AM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision J Rendon Surv Abs #1263

MLS Listing ID 20760866

Total Fin. Sqft 36000

Year Built 2024

Annual Tax Amount $40,000

Lot Size 7.520 Acres

Acres 7.52

Lot Dimensions 700x505

Property Description

Amazing Opportunity to purchase a New Construction Industrial Park Inside the DFW Metroplex! Strong 10.4% Cap Rate, with huge Value-Add potential through further expansion capabilities. Great Owner User Opportunity with established In-Place Cash Flow. Building #1 is 18,000SF and is 100% leased to 5 tenants. Building #2 is 18,000SF and currently under construction, with an estimated delivery of January 2025. Out of the city limits with NO Zoning or known restrictions, allows for infinite possibilities. Located In the County but still very central within the DFW Metroplex with convenient access to close by highways. High Grade Steel Construction with 6 inch Reinforced Concrete Slabs, 3 Phase Power, 8 inch Main Water Line with Fire Hydrants, Fire Sprinkler Suppression Systems, Spray Foam Insulation, 20 foot Ceiling Clear with 24 foot Center Height, and 16x14 Roll Up Doors. 1031 your money and come enjoy strong cashflows and assured future appreciation!

Location

State TX

County Tarrant

Zoning No Zoning

Direction From 1187 West, turn left on Rendon Rd, Property is on the right behind Rendon Meats

Interior

Heating Other

Cooling Other

Flooring Concrete

Heat Source Other

Exterior

Utilities Available Aerobic Septic, City Water

Roof Type Metal

Garage No

Building

Lot Description Acreage, Level

Foundation Slab

Structure Type Concrete,Metal Siding

Others

Ownership refer to broker

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Andrue Rountree • Live Oak Brokerage Group

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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