1109 Mckinney StRice, TX 75155

  • Commercial real estate
  • 2,860 SF

Property Details for 1109 Mckinney St

Year built
2007
Lot size
1.00 AC
Property size (Sq ft)
2,860 SF
Property type
Commercial real estate
APN
80589
APU
80589

Description

This exceptional industrial property in Rice, Texas, presents a unique investment opportunity. Located on a substantial 11.94-acre lot, this facility offers a blend of agricultural and cold storage capabilities, ideal for a variety of businesses. Its strategic location near Interstate 45 ensures excellent accessibility and connectivity, making transportation and logistics seamless. The main building comprises a spacious 9,877 square feet on the first floor, complemented by an additional 1,358 square feet on the second floor, providing ample space for operations and storage. A dedicated 2,490 square foot cold storage area is perfect for preserving temperature-sensitive products. The property features four dock-high doors, each measuring 48 inches wide, facilitating efficient loading and unloading. Power is reliably supplied by a robust 600-amp, three-phase, 120-240-volt service, ensuring sufficient energy for diverse operational needs. With its expansive acreage, strategic location, and versatile features, this property is well-suited for businesses seeking to expand their agricultural operations or requiring specialized cold storage solutions. The total building square footage is 11,235 square feet. This property offers unparalleled potential for growth and profitability in a thriving market. The asking price is $2,000,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $558,324
    Hospitality
    $511,422
    Educational
    $425,497
    Medical
    $440,131
    Retail
    $661,884

Location Insight

City
Rice
County
Navarro
State
Texas
Latitude
32.2546
Longitude
-96.4998
CBSA code
18620
CBSA name
CORSICANA, TX MICROPOLITAN 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
$15,629
$43,560
$746,890
$790,450
-
$43,560
$746,890
$790,450

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