Listed by Matthews
$1,895,000
2409 W 2nd St
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 32,905
Price per SqFt $58
Year Built 1979
Buildings 4
Acreage 3.830
Investment Type Value Add
3.83-Acre Industrial Site | Immediate Interstate Access
Investment highlights
- Strategically positioned on a high-visibility, high-traffic corridor, 2409 W 2nd St represents an exceptional value-add opportunity for forward-thinking investors and industrial operators in the heart of the Permian Basin.
- Comprising four distinct buildings totaling 32,905 square feet situated on an expansive 3.83-acre lot, this versatile compound provides unmatched logistical efficiency and immediate connectivity to both Loop 338 and Interstate 20.
- Offered at $1,895,000, the asset boasts an incredibly rare and advantageous price point of just $57.59 per square foot. This remarkably low-cost basis provides a buyer with an insulated day-one equity cushion, a lower barrier to market entry, and immense operational leverage.
- Whether the owner chooses to utilize the generous acreage for equipment yard storage, optimize the site for a high-capacity logistics hub, or leverage the cost savings to attract premium tenants through highly competitive lease rates, the property is well-positioned for rapid equity growth and strong long-term asset appreciation.
Listing Contacts
Listed by Matthews
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Zoning
LI IndustrialLight IndustrialLight Industrial District
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