SALE WITH TENANT IN PLACE, BUILD TO SUIT OR PURCHASE VACANT LAND. 27,725 Sq. Ft. warehouse building on 10 acres with tenant in place utilizing the building and 3 acres of land currently. 5.5% Cap Rate with escalation lease in place. Property has 3 phase electricity, multiple loading docks, and office area. Property is in a secluded location within close proximity to the Brazos River with easy access via Interstate 20.
This impressive office and warehouse building, situated on over 2 acres just east of Millsap, TX, offers an excellent mixed-use space ideal for future business ventures. With approximately 8,000 SF of warehouse space and 1,000 SF of office area, it currently serves as a cabinet manufacturing facility and construction office.Conveniently located less than an hour from Fort Worth, this property is perfect for businesses looking to expand from the metroplex. Its strategic location offers easy access for shipping and services to several rapidly growing communities, including Millsap, Brock, Mineral Wells, Santo, Possum Kingdom, and more.The office space includes a fully equipped kitchen, showroom, designated offices, and two restrooms, one of which features a shower. The warehouse boasts high ceilings with spray foam insulation throughout and multiple work areas, making it suitable for various operations.All square footage and measurements are approximate and should be verified by the Buyer and Buyer's Agent. Please note that showings are not available during business hours.
The median home value in Millsap, TX is $217,200. This is lower than the county median home value of $393,700. The national median home value is $338,100. The average price of homes sold in Millsap, TX is $217,200. Approximately 76.61% of Millsap homes are owned, compared to 15.21% rented, while 8.19% are vacant. Millsap real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Millsap real estate agent to arrange a tour today!
Millsap, Texas has a population of 396. Millsap is less family-centric than the surrounding county with 26.73% of the households containing married families with children. The county average for households married with children is 37.76%.
The median household income in Millsap, Texas is $43,438. The median household income for the surrounding county is $88,535 compared to the national median of $69,021. The median age of people living in Millsap is 47.7 years.
The average high temperature in July is 94.6 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 33.2 inches per year, with 0.5 inches of snow per year.