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Listing 20 out of 164
$1,450,000 For Sale

1026 W Fm 121 Parkway
Van Alstyne, TX 75495

8 units |

1 acre lot
Commercial: Sale - MLS# 13749829
Property Photo
1/7

Description

Great income producing property with dramatic future potential. Located next to Independent Bank, Landmark Bank, McDonalds, Kwik Car, O'Reilly Auto Parts Regional Dr. offices Grayson College South Campus. FM 121 is the East West connector for US 75 and future NTTA. Future site of significant commercial development.

Features

  • Property Type: Commercial
  • Sub Type: Sale
  • Listing Status: Active
  • County/Area: Grayson County
  • Zip Code: 75495
  • Year Built: 2006
  • Subdivision/Neighborhood: Central 121 Add Ph I
  • Stories: 1
  • Units: 8 units
  • Baths: 0
  • Lot Size: 1 Acre To 2.99 Acres
  • Acres: 1 acre lot
  • Zoning: C-2
  • Area: GRAYSON AREA (37), Van Alstyne ISD (7)
  • Building Area Source: Tax
  • Building Use: Medical, Office, Retail
  • Ceiling Height: 8 To10 Feet
  • Commercial Features: Other, Security Lighting
  • Construction Materials Walls: Brick
  • Flooring: Carpet, Ceramic Tile, Concrete
  • Foundation Details: Slab
  • Gross Annual Expenses: 37000
  • Gross Annual Income: 124000
  • Heating: Central Air-Elec, Central Heat-Elec
  • Inclusions: Building Only
  • Income Expense Source: Owner
  • Lot Number: 1
  • Lot Size Area SQFT: 43560.00
  • Lot Size Source: Tax
  • Lot Size Units: Acres
  • Net Annual Income: 87000
  • Owner Pays: Lawn Care, Maintenance, Management
  • Parking Features: Common Lot
  • Road Frontage: Curbs/Gutters, Fm Road Ft.
  • Roofing: Metal
  • SQFT Building: 10000
  • SQFT Gross: 10000
  • SQFT Leasable: 9200
  • Tenant Pays: All Utilities
  • Topography: Level
  • Total Annual Expenses Include: Common Area, Electric, Insurance, Lawn Care, Maintenance
  • Utilities: City Sewer, City Water, Concrete, Curbs
  • Year Built Details: Preowned
Courtesy of Benton-Luttrell Real Estate Co

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