3061 State Highway 66, Caddo Mills, TX 75135
3061 State Highway 66, Caddo Mills, TX 75135
3061 State Highway 66, Caddo Mills, TX 75135
3061 State Highway 66, Caddo Mills, TX 75135
3061 State Highway 66, Caddo Mills, TX 75135
3061 State Highway 66, Caddo Mills, TX 75135
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$ 1,850,000
Est. payment | /mo

3.94 Acres Lot


$ 1,850,000
Est. payment | /mo

3.94 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Catherine Haven Surv Abs #488

MLS Listing ID 21419994

Total Fin. Sqft 22364

Year Built 1993

Annual Tax Amount $17,287

Lot Size 3.940 Acres

Acres 3.94

Lot Dimensions See Survey

Property Sub-Type Business

Property Description

This highly productive and 100% leased property is ideally suited for savvy investors looking for a stabilized income with long term tenants. The masonry and steel constructed improvements were originally designed and used as a church, later repurposed with 22,364 square feet of leasable area in two leased units. The long-term tenants include a bi-lingual day care and gymnastics and cheer facility utilizing the full-size gym and related office, conference, viewing areas and kitchen. This high traffic location is located just east of downtown Caddo Mills, Texas, one of the fastest growing communities in the DFW and Hunt County area, with excellent schools, significant residential development and prospects for continued growth and sustainability. This leased fee property is surrounded by commercial, retail and industrial uses with additional excess land available on the site that affords the opportunity to increase the income possibilities with additional improvements or other uses. Supporting lease and other statistical data available from the listing agent. Due to the nature of the current tenant uses, special showing arrangements will need to be made when possible. The seller is a licensed real estate agent.

Location

State TX

County Hunt

Zoning Commercial uses

Direction Located just east of the downtown area of Caddo Mills on the north side of State Highway 66. GPS directions should be valid.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Concrete, See Remarks

Heat Source Central, Electric

Exterior

Utilities Available All Weather Road, Asphalt, City Sewer, City Water, Master Water Meter, Overhead Utilities

Roof Type Metal,Shingle

Garage No

Building

Lot Description Acreage, Level, Lrg. Backyard Grass

Foundation Slab

Structure Type Brick,Metal Siding,Stone Veneer,See Remarks

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Survey Available, Utility Easement, Verify Rollback Tax, Verify Tax Exemptions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21419994

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Randall Tarpley • Tarpley, REALTORS
Nearby Locations
Hazel Moss

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3061 State Highway 66