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712 State Highway 78 S 4,680 SF Retail Building Farmersville, TX 75442 $4,378,759 CAD ($935.63 CAD/SF) 6.90% Cap Rate
Investment Highlights
- 6.9% CAP
- Profitable Auto Mechanic Business in a highly visible location in rapidly growing area (Farmersville Texad)
Executive Summary
Profitable Business with 6.9% cap rate. This company has great visibility, is located on 78 Highway Frontage, and right off Highway 380. With a traffic count of about 15,000 cars per day. Oil base are built to structurally hold heavy fire trucks. The second building has a 4 lift. Included in the sale is the current inventory, customer list and website. Great opportunity for owner operator or corporate l
Excludes: School Buses, personal Laptop and personal tools
Excludes: School Buses, personal Laptop and personal tools
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,680 SF
Building Class
C
Year Built
2006
Price
$4,378,759 CAD
Price Per SF
$935.63 CAD
Cap Rate
6.90%
NOI
$302,134 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.00 AC
Zoning
HC - Highway Commercial
Parking
12 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
150’ on US 78
Property Taxes
| Parcel Number | R-0790-000-00X1-1 | Improvements Assessment | $722,924 CAD |
| Land Assessment | $400,980 CAD | Total Assessment | $1,123,904 CAD |
Property Taxes
Parcel Number
R-0790-000-00X1-1
Land Assessment
$400,980 CAD
Improvements Assessment
$722,924 CAD
Total Assessment
$1,123,904 CAD
Contacts
-
MaryCarmen Esteso DDS -
Darrin Coles, CCIM -
Cristie Coles -
Peg Pannell Smith, CCIM -
Coldwell Banker Commercial Realty
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