Listed by William Davis Realty
$975,000
103 Cochise Drive
Details
Property Type Industrial, Mixed Use
Sub Type Manufacturing, Commercial
Square Footage 3,932
Net Rentable (SqFt) 34,200
Units 2
NOI $34,200
Occupancy 50%
Tenancy Multi
Lease Type Gross
Pro-Forma NOI $66,000
Year Built 2022
Buildings 2
Lot Size (SqFt) 43,560
Zoning Commercial
Tenant Credit No Credit Rating
Ground Lease No
Dock High Doors 3
Investment or Owner use Available | 2,268 SF Industrial Bldg | 1,664 SF Mobile Home
Marketing description
LOCATION ADVANTAGES
- Strategic South Dallas / Ellis County location.
- Easy access to Interstate 45 for regional connectivity.
- Positioned in the Ellis County growth corridor.
- Convenient for service businesses needing yard space, warehouse space, and access to major routes.
- Commercially zoned setting supports multiple potential business uses, subject to city approval and buyer verification.
Investment highlights
- Income-producing commercial property with existing warehouse tenant in place.
- Current warehouse lease generates $3,500 per month / $42,000 per year.
- Value-add opportunity with vacant 1,664 SF mobile home that may provide additional rental income or owner/user flexibility.
- Potential gross income of approximately $66,000 per year if the mobile home is re-leased at prior rent.*
SITE & IMPROVEMENT HIGHLIGHTS
- 1.00 acre commercial site with existing improvements already in place.
- 2,268 SF metal building / warehouse currently leased.
- Fenced and stabilized yard with on-site parking and storage area.
- Frontage on Cochise Drive with easy access and visibility.
- Flexible layout for contractor, service, storage, warehouse, or owner/user operations.
Listing Contacts
Listed by William Davis Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,200.00
$2,850.00/mo
Valuation Metrics
0
DSCR
3.51%
Cap Rate
3.51%
ROI
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