6585 Fm 1417Denison, TX 75020

  • Commercial real estate
  • 3,838 SF
For Sale
$5,900,000 View listing

Property Details for 6585 Fm 1417

Year built
2019
Lot size
18.92 AC
Property size (Sq ft)
3,838 SF
Property type
Commercial real estate
APN
099 7285001
APU
997285001

Description

This exceptional investment opportunity encompasses a substantial 18.92-acre industrial property ideally situated in Denison, Texas, at 6585 N FM 1417. The property boasts a diverse range of warehouse space, perfectly suited for a variety of business needs. The complex includes two 10,000 square foot warehouses, providing ample room for large-scale operations or storage. In addition, there are two 5,000 square foot warehouses, one of which is conveniently subdivided into two 2,500 square foot suites, offering flexibility for smaller tenants or businesses requiring more compartmentalized space. The property also features climate-controlled storage and non-climate-controlled storage options, catering to a wide array of storage requirements. The expansive 18.92-acre lot presents significant potential for future expansion, allowing for the addition of further buildings or the development of supplementary projects to meet evolving business demands. This property represents a rare opportunity to acquire a well-established and versatile industrial complex in a thriving location with substantial room for growth. The asking price for this significant investment is $5,650,000. This is a turnkey operation with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,146,433
    Hospitality
    $1,050,126
    Educational
    $873,693
    Medical
    $903,740
    Retail
    $1,359,077

Location Insight

City
Denison
County
Grayson
State
Texas
Latitude
33.7151
Longitude
-96.6504
CBSA code
43300
CBSA name
SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$40,342
$597,450
$2,397,862
$2,995,312
-
$597,450
$2,397,862
$2,995,312

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