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$2,750,000

NAL Estimated Property Value

1315 S Hwy 75 Drive S, Denison, TX, 75021

Off MarketInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

About this property

Commercial building that has excellent location and visibility on HWY 75 in Denison. The property has been used as automotive repairing past. The business is closed. Lots of concrete parking and a brick fenced storage lot. The building has reports of 8725 sq ft, 8 14 by 20 overhead doors plus all heated and air conditioned. Sprinkler and alarm systems, excellent office and customer area, 4 restrooms, storage rooms, equipment room for systems. All attached equipment is included in the sale including 4 10,000 auto lifts and 2 18,000 lbs, alignment machine plus many others. Property is zoned commercial A new Conditional Use Permit will be required to operate as automotive use Butch Fife has been appointed as Receiver by the 59th District Court of Grayson County, TX to sell the property. All offers and final sale is is subject to Court approval

Investor Tools

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$2,750,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,750,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,500 /month
Positive
Cash Flow Estimate:
$5,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Denison

1315 S Hwy 75 Drive S | Property Details | No Agent List