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$349,000

816 W State Highway 64, Henderson, TX, 75652

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths6,360 Sq Ft
IndustrialIndustrial
price_per_sqft$54.87 / sqft
Year BuiltBuilt in 1947

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size27,809 sqft

Building Information

Year Built1947

Land Information

APN29847
Lot Number14
Land UseCommercial
Legal DescriptionLT 14 BLK 525 E B WARREN SUR
Census Tract950700
Assessed Land Value$25,750
Assessed Improvement Value$149,840
Assessment Year2024

About this property

Excellent commercial opportunity with high visibility along Hwy 64 W. This property offers 6,360 sq. ft. of warehouse and office space on 0.6384 acres. The building includes a reception area, an office, break room area and one restroom with a shower. The spacious warehouse features an overhead lift system that extends throughout the entire building, a loading dock, and large sliding doors that allow vehicles or equipment to drive completely through for maximum convenience. Additional features include storage lofts/mezzanine areas on both sides of the warehouse, providing extra storage and functionality. The roof was recently replaced, and the yard is fully fenced, providing security and functionality for operations and storage. Ample parking and prime highway frontage offer excellent visibility and accessibility. An operating business currently occupies the property, and the business may be purchased separately, offering a potential turn-key opportunity for a new owner or investor. Seller would consider a building lease.

Investor Tools

$0Estimated Mortgage Balance
$175,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Benjamin Wooten

Coldwell Banker Home Place Realty - Henderson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,348
$175,590
2024
$25,750
$149,840
$175,590
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,348
$175,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$175,590
100%
0%
$0/mo

City: Henderson

816 W State Highway 64 | Property Details | No Agent List