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401 W Simonds Road, Seagoville, TX 75159

$1,255,000
  • 401 W Simonds Road, Seagoville, TX 75159 Main Photo

40 Photos

Active
MLS#21308571
STATUSActive PROPERTY TYPECommercial - Industrial SUBDIVISIONSEAGO-SIMONDS ADDITION

Property Description

Khalil Real Estate is pleased to present an exceptional investment opportunity to acquire a fully leased industrial outdoor storage (IOS) and office property located in Seagoville, Texas. Offered at $1,255,000, the Property provides investors with stable in-place cash flow, generating approximately $6,800 per month ($81,600 annually) in net operating income, representing an attractive 6.5% capitalization rate.Situated on 1.984 acres (86,423 SF), this fully fenced and secure industrially zoned property is positioned less than one minute from Highway 175, providing excellent access to the Dallas-Fort Worth Metroplex. Industrial Outdoor Storage (IOS) assets continue to experience strong investor demand due to their limited supply, increasing land values, and broad tenant appeal.The Property is improved with three separate buildings totaling approximately 5,180 square feet, including a fully renovated ±3,720-square-foot office building, a ±610-square-foot auxiliary building with a full kitchen, bathroom, and living quarters, and an ±850-square-foot two-bay mechanic workshop. The improvements are separately metered, providing operational flexibility and enhancing the long-term functionality of the asset.The current tenant utilizes the Property for towing, vehicle storage, dispatch operations, and fleet management, highlighting the versatility of the site for a variety of industrial users. The Property's industrial zoning, expansive outdoor storage area, and functional improvements position it well for continued occupancy by towing companies, contractors, fleet operators, equipment rental businesses, utility contractors, and other industrial outdoor storage users.With industrially zoned land becoming increasingly scarce throughout the Dallas-Fort Worth market, this offering provides investors the opportunity to acquire a stabilized, income-producing asset backed by a desirable IOS use, a strategic location, and long-term appreciation potential.

401 W Simonds Road | MLS# 21308571

This commercial property located at 401 W Simonds Road, Seagoville, TX 75159 is currently listed for sale with an asking price of $1,255,000. Search Seagoville real estate on www.kellyrealtors.com today.

Property Features

Property Type: Commercial - Industrial
Cooling: Other
Heating: Other
Lot Size: 2.00 Acres
Roof Type: Composition, Other
Stories: 1.0
Year Built: 2000

Feature Descriptions

Days on Site: 64
Exterior: Vinyl Siding, Wood, Other
Flooring: Other, Tile, Vinyl
Lot: Acreage, Cleared, Few Trees, Interior Lot, Landscaped, Level, Other
Parcel#: 202600009467
Parking: Additional Parking, Asphalt, Common, Direct Access, Drive Through, Electric Gate, Gated, Gravel, Lighted, Other, Parking Lot, Private, Secured
Parking Notes: Additional Parking, Asphalt, Common, Direct Access, Dr
Security: Burglar, Security Gate, Security Lights, Security System, Other
Topography: Leveled
Units: 1
Utilities: Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Other

Listed By / Shown By

Listed By

Agency Name: KHALiL REAL ESTATE
Agency Contact: 817-881-2662
Agent Name: KARAM KHALIL

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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