For Sale
$695,000

5367 State Highway 97 Floresville, TX 78114

High-yield industrial flex space in Texas

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a single-tenant, 3,200 square foot flex space located at 5367 State Highway 97 E, Floresville, Texas, 78114. The property, built in 2016 and renovated in 2022, sits on a generous 2-acre unrestricted lot, offering significant potential for future expansion or development. The building is classified as Class C industrial and features a single story with a 14-foot ceiling height, ideal for a variety of uses. The property boasts one loading dock and two dock-high doors, ensuring efficient loading and unloading operations. Currently leased under a NNN lease, this property offers a compelling 10% capitalization rate, making it an attractive addition to any investment portfolio. The asking price is $695,000. This is a single-unit property with 3,200 square feet of net rentable space. The property's location in Wilson County, Texas provides easy access to major transportation routes. The 2022 renovation ensures the property is in excellent condition and ready for immediate occupancy. This is a privately owned asset offering a strong return on investment.

Highlights

  • 3,200 SF flex space on a 2-acre lot in Floresville, TX.
  • 2016 construction, renovated in 2022.
  • Class C industrial building with 14' ceilings, one loading dock, and two dock-high doors.
  • NNN lease with a 10% cap rate.
  • Asking price: $695,000.

Property Details for 5367 State Highway 97

Property type
Industrial properties, Flex space
Square Feet
3,200 SF
Class
C
Year Built/Renovated
2016/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
87,120 SF
Units
1

Location Insight

City
Floresville
County
Wilson
State
Texas
Latitude
29.2098065
Longitude
-98.0795835

FAQs

What type of property is this?
Industrial property - High-yield industrial flex space in Texas
Where is the industrial property located?
The property is located at 5367 State Highway 97 Floresville, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,200 SF flex space on a 2-acre lot in Floresville, TX.; 2016 construction, renovated in 2022.; Class C industrial building with 14' ceilings, one loading dock, and two dock-high doors.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5367 State Highway 97
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