Property Details:
- County or Parish
- Dallas
- Lot Size
- 1 to < 3 Acres
- Lot Size (Acres)
- 2.0000
- Lot Size Area
- 2.0000
- Lot Size (Square Feet)
- 87120.0000
- Zoning Description
- Industrial
Interior Information:
- Ceiling Height
- 8 to10 Feet,Other
- Heating
- Other
- Cooling
- Other
- Flooring
- Other,Tile,Vinyl
- Stories Total
- 1
Exterior Information:
- Lot Features
- Acreage,Cleared,Few Trees,Interior Lot,Landscaped,Level,Other
- Lot Size
- 1 to < 3 Acres
- Acres
- 2.0000
- Waterfront
- No
Commercial Info:
- Building Area Total
- 5180.32
- Building Use
- Automotive,Industrial,Office,Office/Warehouse,Storage Warehouse,Wholesale,Other
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21308571
401 W Simonds Road
Seagoville, Texas
$1,255,000
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Type: Commercial Sale
Year Built: 2000
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.
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Listed by: KARAM KHALIL
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321