14437 Fm 346Bullard, TX 75757

  • Warehouses
  • 7,380 SF
For Sale
$775,000 View listing

Property Details for 14437 Fm 346

Year built
2008
Construction
STEEL FRAME
Lot size
4.00 AC
Property size (Sq ft)
7,380 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
1-79630-0000-00-005000
APU
179630000000005000

Description

This exceptional 7,500-square-foot industrial building, situated on a 4-acre lot in Bullard, Texas, presents a compelling investment opportunity. Located at 14437 FM 346, this Class A property offers a versatile space ideal for various uses, including distribution, warehousing, and manufacturing. Built in 2008, the single-story structure is impeccably maintained and features a robust steel frame, ensuring durability and ample weight capacity. The building boasts a 16-foot ceiling height (26 feet at the center), two loading docks, and one dock-high door conveniently located under a pavilion. The interior is fully heated and cooled by five modern 3-phase commercial-grade units, creating a comfortable and efficient work environment. The property includes 250 feet of road frontage and a sealed concrete floor. The 4-acre lot provides ample space for expansion or future development. Three-phase power is available, and the property is currently vacant, allowing for immediate occupancy. This property is outside city limits, offering a tranquil setting while remaining conveniently accessible to major areas. The asking price is $775,000, translating to $103.33 per square foot. The property's features, including its size, condition, and location, make it an attractive investment for businesses seeking a functional and expandable space in a desirable location. The APN is 179630000000005000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,666,520
    6.5%
    $3,384,480
    7%
    $3,142,740
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,727,060
    Geo Method
    $3,535,200
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,728,300
    Mixed-Use / Specialty
    $1,716,430
    Hospitality / Lodging
    $1,251,860
    Office
    $1,700,280
    Institutional / Educational
    $1,782,350
    Residential Income
    $2,085,350
    Multifamily
    $2,532,720
    Automotive / Energy
    $1,527,730
    Parking / Income-Based Land
    $532,843
    Restaurant / Food Service
    $880,542
    Healthcare / Senior Housing
    $1,766,020

Location Insight

City
Bullard
County
Smith
State
Texas
Latitude
32.1453
Longitude
-95.4044
CBSA code
46340
CBSA name
TYLER, 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
2024
$3,803
$70,000
$158,513
$228,513
-
$70,000
$158,513
$228,513

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