Susan Godfroid - Coldwell Banker Apex Realtors
3978 N Us Highway 287
Alvord, TX 76225

Description

Income-producing commercial 4+ acres with highway frontage about 6 miles from downtown Decatur! Property has 4 buildings including a 2-bedroom, 2-bath house, a shop that was used for antique sales, and also 2 wells and 3 septic systems. One building is divided into 3 apartments. Another building was used as a church and is now leased to a distributor for manufacturing. Create an antique or flea market right on 287! Convert all units to rent as lodging or retail! Run a business with lodging for an employee onsite. Perfect for retirement: live in an apartment and rent the other units, or park your RV here and travel with great net income! Property also receives income from the ground lease of the billboard.

Details

MLS#13923350
Sub-TypeResale
StatusActive
Year1996
Days On Site22

Features

SQ Feet11,000
Story(s)1
Units4
ZoningCommerc

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Area Information

StateTX
CountyWise
CityAlvord
Zip Code76225
AreaWISE COUNTY (72)
Listing VS Median (in 76225)
Price:
$685,000
low | high
Med:
$180,000
100% of Average
SqFt:
11,000
low | high
Med:
3,700
100% of Average
$ / SqFt:
$62
low | high
Med:
$49
71.878082462023% of Average
On Site:
22
low | high
Med:
72
30.555555555556% of Average
Listing Updated: 09/18/2018
MLS Number: 13923350
Listing Provided By:
Laura Blackburn  of  Parker Properties

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.