510 Mustang DrAndrews, TX 79714

  • Other commercial real estate
  • 7,036 SF
For Sale
$550,000 View listing

Property Details for 510 Mustang Dr

Year built
1981
Lot size
3.17 AC
Property size (Sq ft)
7,036 SF
Property type
Other commercial real estate
APN
03880-00020-0000
APU
3880000200000

Description

This ±7,586 square foot industrial warehouse, situated on 3.17 acres in Andrews, Texas, presents a unique owner-user opportunity. The property, built in 1990 and zoned for industrial use, features a spacious layout including several private offices, a break area, and restrooms. The warehouse is divided into two sections. The first section boasts a 12-foot clear height, two 10' x 12' overhead doors, and a 2-ton trolley crane. The second section offers a 15-foot clear height, two 14' x 12' overhead doors, and a 2-ton bridge crane. Additional features include a wash bay, a pressure testing area, and a completely fenced and stabilized yard. The asking price is $550,000, translating to $72.50 per square foot. This NNN lease property is currently vacant and offers significant potential for a variety of industrial uses. The property's location at 510 NW Mustang Dr, Andrews, TX 79714, provides convenient access to key transportation routes. This is an exceptional opportunity to acquire a well-equipped industrial property in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,194,810
    Hospitality
    $1,094,440
    Educational
    $910,561
    Medical
    $941,877
    Retail
    $1,416,428
510 Mustang Dr, Andrews, Texas

Location Insight

City
Andrews
County
Andrews
State
Texas
Latitude
32.3184
Longitude
-102.568
CBSA code
11380
CBSA name
ANDREWS, 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
$917
$24,465
$210,302
$234,767
-
$24,465
$210,302
$234,767

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