Improved Commercial Land for Sale in Fairfield, Texas
375 Ih 45 N Fairfield, TX 75840
Images
Map
Street
$1,400,000
4 acres
Active sale agoEst $8,702/mo
This 14800 s.f. industrial facility on 4 acres is positioned in a prime corridor between the Dallas Fort Worth and Houston metro areas, providing significant IH45 highway exposure with approximately 360' of frontage. The current owner will transition into a long term tenant with a signed 5 year lease that includes up front rent payment for the first six months and regular payments starting at lease commencement. This property offers a solid 9.54% cap rate, making it an excellent investment opportunity with immediate cash flow.
14,800
Sq feet
2005
Built
Directions
Property located 2.8 miles north of Love's Truck Stop at corner IH45 and Commerce St (FM 27). Property is located on left.
Location
- Street Address
- 375 Ih 45 N
- County
- Freestone County
- Community
- Fairfield
- Elevation
- 420 feet
Property details
- MLS Number
- NTREIS 20771071
- Date Posted
Parcels
- 54080
Legal description
E CLEMENTS A-142
Resources
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Industrial
- Franchise
- Keller Williams Realty
Structure
- Materials
- Metal Siding, Steel Siding
- Roof
- Metal
Exterior
- Parking
- Secured
Interior
- Floors
- Concrete
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 5, 2024 | New listing | $1,400,000 | — | NTREIS |
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