Nevada, TX 75173 550 S FM1138
$495,000
22 more
Presented By: Jay Fang with U Property Management; 214-407-8907
SQFT • 3,136
Garage • 1
Home Details
A rare investment property in a fast-growing part of Collin County. This former AT&T unique microwave equipment center building boasts 24” rhubarb concrete walls, 15’ ceilings. Over 3,000 sq foot wide open space that can be designed for all uses. The power supply system has been newly updated by the latest tenant for crypto mining use (Total 3 EATON Panels, Model: PRL1a, each panel supports Phase 3 Wire 4, 208Y 120V, $10,000 worth of electrical cable are still available there). Already plumbed has electrical for kitchen, bathrooms, and office space. 1.4 acres of land, including fenced parking makes it very private and secure.
Presented By: Jay Fang with U Property Management; 214-407-8907
Interior Features for 550 S FM1138
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete
Heating Y/NNo
Total Stories1
General for 550 S FM1138
Additional Parcels Y/NNo
Attached Garage No
AttributionContact214-407-8907
Business TypeMixed
Carport Y/NNo
CityNevada
Construction MaterialsConcrete
CoolingNone, Other
CountyCollin
DirectionsGoing East on FM 6, turn Right onto FM 1138. A little less then a mile down, the property is to your Left.
Electric On Property Y/NNo
ExclusionsTenant FF&E
Garage Y/NYes
Gross Income42000.0
HOANo
HeatingNone, Other
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area3136.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionABS A0312 J W FOOTE SURVEY, TRACT 1, 1.436 AC
Lot Size Square Feet62726.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-30T18:29:13.533-00:00
Net Operating Income42000.0
New ConstructionNo
Number Of Units Total1
PossessionCloseOfEscrow, Closing
Possible UseOther
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
RoofConcrete
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameABS A0312 J W FOOTE SURVEY, TRACT 1
Tax Annual Amount8862.0
Tenant PaysAllUtilities, GroundsCare, Other
UtilitiesSeparateMeters, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1974
Year Built DetailsPreowned
Zoning DescriptionJ4
Exterior for 550 S FM1138
Building Area Total3136.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsBusiness
Irrigation Water Rights Y/NNo
Lot Size Acres1.44
Lot Size Area1.44
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesGarageFacesFront, Garage, Oversized, GarageFacesRear, Unassigned
Road Surface TypeGravel
SpaNo
