About 1608 W Moore Avenue
Located in Opportunity Zone: Occupied by a new car dealership in Terrell, just 30 miles east of Dallas, this property presents a lucrative opportunity. Ideal for car or equipment dealerships, distribution centers, or retail ventures, it is strategically located at the major intersection of SH 205 and US Hwy 80. The building offers a service bay, showroom, parts department, offices, and ample parking. Recently renovated, it meets all Certificate of Occupancy guidelines set by the City of Terrell. Currently under a one-year lease to a Hyundai Dealer, the property is operating at approximately an 8% cap rate. Situated at a major highway intersection, this property ensures prime visibility and accessibility in a thriving area. The ongoing lease with a reputable tenant adds to the investment appeal, making it an ideal opportunity for those seeking a stable and income-generating commercial property in a strategic location.
Features of 1608 W Moore Avenue
| MLS® # | 20321787 |
|---|---|
| Price | $3,900,000 |
| Bathrooms | 0.00 |
| Acres | 3.08 |
| Year Built | 1963 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1608 W Moore Avenue |
|---|---|
| Subdivision | Terrell Rev |
| City | Terrell |
| County | Kaufman |
| State | TX |
| Zip Code | 75160-2308 |
Amenities
| Utilities | Asphalt, City Sewer, City Water, Concrete, Electricity Connected, Master Water Meter |
|---|---|
| Garages | Asphalt, Garage Door Opener, Garage, Garage Faces Front, Open, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Lot Description | Acreage, Corner Lot |
|---|---|
| Roof | Asphalt, Metal, Mixed |
| Construction | Aluminum Siding |
| Foundation | Slab |
Additional Information
| Zoning | Commercial Main |
|---|
Listing Details
| Agent | Frank Roberts |
|---|---|
| Office | RE/MAX Landmark |
| Contact Info | 972-551-4014 |