White Settlement, TX 76108,531 S Cherry Ln
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$ 750,000
Est. payment | /mo

0.93 Acres Lot


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$ 750,000
Est. payment | /mo
Save

0.93 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Simpson, L W Survey

MLS Listing ID 20786401

Total Fin. Sqft 1600

Year Built 1968

Lot Size 0.930 Acres

Acres 0.93

Property Description

Prime Commercial Opportunity in White Settlement Tx.

This property offers an excellent location, currently operating as a gas station business. With the lease set to expire in less than 2.5 years, you have the flexibility to renew the lease or take over and run the business yourself. Additionally, this site presents a fantastic redevelopment opportunity in a sought-after area. The property boasts a strong 8% cap rate, ensuring a solid income stream. Don’t miss this income-generating asset with great potential for future growth!

Location

State TX

County Tarrant

Zoning F1

Direction Use GPS

Interior

Heating Electric

Cooling Central Air

Flooring Ceramic Tile

Heat Source Electric

Exterior

Utilities Available City Water, Electricity Connected

Roof Type Other

Garage No

Building

Foundation Other

Structure Type Brick

Others

Ownership Sanjay Agarwal

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Rehan Kapadia • 54 Realty Company LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(254) 300-9933

info@envisionregrp.com

2201 Washington Ave, Waco, Texas, 76701, USA

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531 S Cherry Ln