2407 Preston StEnnis, TX 75119

  • Industrial properties
  • 62,500 SF
For Sale
$5,250,000 View listing

Property Details for 2407 Preston St

Year built
1962
Lot size
2.13 AC
Property size (Sq ft)
62,500 SF
Property type
Industrial properties
APN
25.0383.000.055.00.103
APU
25038300005500103

Description

This Ennis, Texas industrial property, located at 2407 & 2411 N Preston Street, offers 66,500 square feet of warehouse and distribution space for sale. The property consists of two buildings: a large 62,500 square foot building and a smaller 4,000 square foot building, built in 1961, 1980, and 1994 respectively. Situated on a 3.21-acre lot (139,827 square feet), this Class C property features 6 dock-high doors and 1 grade-level door, providing ample loading and unloading capabilities. Ceiling heights range from 14 to 20 feet, offering versatile storage options. The property includes 30+ parking spaces and benefits from 3-phase, 240v, 200-amp power. Conveniently located with easy access to I-45 and 287, this property is zoned for industrial use and is offered at $5,250,000 ($78.95/sq ft). The sale is a Net Net lease (NN) with the property currently vacant. This presents a significant opportunity for light industrial manufacturing or warehousing operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,201,142
    Hospitality
    $11,176,181
    Educational
    $9,298,451
    Medical
    $9,618,239
    Retail
    $14,464,257

Location Insight

City
Ennis
County
Ellis
State
Texas
Latitude
32.3472
Longitude
-96.6462
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, 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
2018
$10,503
$286,699
$388,301
$675,000
-
$286,699
$388,301
$675,000

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