12030 EAST HIGHWAY 158 (GARDENDALE, TX)

VACANT

12030 E HIGHWAY 158, GARDENDALE, TX 79758
Price :
$ 1,020,000
Lot Size :
2.17 acres
Year Built :
2013
Property Area :
6,800 sqft
Status :
UNDER CONTRACT
MARKETING PACKAGE

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

 

Investment Highlights

  • 6,800 Square-Foot Industrial Asset Situated on 2.17 Acres
  • Metal Construction Featuring 1,800 Square Feet of Office and Two Grade-Level Doors
  • Vacant Sale Ideal for Owner/User or Investor Lease-Up Opportunity
  • Fenced Lot with Electronic Gate and Ample Outside Storage Space
  • Frontage Along Highway 158 with Tenant Signage for High Visibility

 

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 12030 East Highway 158 in Gardendale, Texas. The subject property consists of approximately 6,800 square feet of space and is situated on 2.17 acres of land. The asset features metal construction, 1,800 square feet of office space, and two grade-level doors. The fenced lot features an electronic gate and ample outside storage space. This vacant sale is ideal for an owner/user or an investor as a lease-up opportunity. The subject property has high visibility with frontage along Highway 158 and tenant signage.

As the largest single source of oil and gas deposits in the United States, Odessa, Texas, has long been known for its rich resources. The oil market has historically been volatile. When supply and demand pressures level out, prices should rebound and real estate values are expected to follow. New businesses have come to the city that have helped diversify the economy, as well as reinforce the quality of life standards. Odessa proudly boasts world-class cultural and recreational facilities, as well as healthcare and transportation often associated with larger cities. It also serves as the crucial midpoint between Fort Worth and El Paso. Lucrative financial incentives, site selection, logistics, qualified workforce, easy access to foreign markets, and low cost-of-living make it easy to do business (odessatex.com). Major industries include: medical, energy, distribution, manufacturing, and technology.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap. All rights reserved. (Activity ID: ZAB0060212)

Exclusive Listing

Davis Cagle
(972) 755-5230
Lic # TX : 722097
Adam Abushagur
(972) 755-5223
Lic # TX : 661916

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