Address
5416 E Highway 67, Alvarado, TX
Price
$ 2,500,000
Property Attributes
  • MLS#20394796
  • TypeCommercial
  • CountyJOHNSON
  • CityAlvarado
  • NeighborhoodVincent Anderson Surv Abs #1
  • Zip76009
  • StyleBusiness
  • Year Built1975
  • Taxes$ 7943
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.09 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Great commercial opportunity with so much to offer! Located on Hwy 67 with about 350 ft of highway frontage, traffic count is over 21,000 sitting on 4 acres. Property consists of a 2,400 sq. ft. tire shop that has eight roll up bay doors with an attached 11’x28’ office and bathroom, an insulated 60’x40’ metal shop used to store tires, with a roll up door, RV hookup and covered bay, a 48’x26’ metal building, and a three bedroom, two bathroom 2,059 sq. ft. brick house with a two bedroom, one bathroom apartment attached. The roof on the house has been recently replaced with solar panels added, and has an attached carport. There are 2 septics, 2 electric meters, 1 water meter and a water well that is next to the main shop, as well as a 32’ bumper pull RV with new flooring and a 32’ 5th wheel. This property has two entrances off Hwy 67, with a fenced perimeter, 25+ oak trees and 10+ pecan trees.

Price History
8/1/2023 Listed $2,300,000
11/15/2023 16% - $1,950,000

General Features

Heating Other
Cooling Other
Utilities Co-op Electric,Co-op Water,Electricity Available,Septic
Ceiling Height Other
Possession Negotiable
Roof Metal
Year Built 1975
Tenant Pays All Utilities
Business Type Auto Tires
Unexempt Taxes 7943
Building Use Automotive
Owner Pays All Utilities
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Vincent Anderson Surv Abs #1
Zoning Description Real Commercial
County Johnson
Property Type Commercial Sale
Construction Materials Metal Siding
Year Built Details Preowned
Status Active
Directions GPS
City Alvarado
Buyer Agent Compensation 2.5
Street Name Highway 67
Green Energy Generation Solar
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20394796
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Concrete
Total Stories 1
Total Units 1
SQFT Gross 2400
Lock Box Type None

Exterior Features

Lot Features Acreage,Many Trees,Oak
Lot Size Source Owner
Parking Features Additional Parking,Driveway,On Site
Lot Size 3 to < 5 Acres
Foundation Slab
Lot Size Area 4.0900
Lot Size Units Acres
Building Area Total 2059.00
Road Frontage Type Highway,State Road
Lot Size Square Feet 178160.4000
Lot Size Acres 4.0900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76009

Price
AVG $950K
$2.5M
Taxes
AVG $5,125
$7,943
Visits
AVG 105
19
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1975