$600,000
●
Commercial -
Off Market
2408 W Strader Road #3
Justin, TX 76247
Studio
0 Bath
$516,956
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
SOLD WITH MLS#20105748 ON 1 CONTRACT FOR $600,000* 5 acres of
commercial land less than 5 mins away from downtown Justin! Buyers,
get your agents over here to write an offer fast! Do not
waste this opportunity to snag this business lot. This would be a
great investment to own a piece of property located in the booming
town of Justin. There is currently COMMERCIAL ZONING PROCESSED, so
seize this opportunity! This is right off Strader Rd and still
visible from FM 156. So what are you waiting for....bring your
imagination and make your dreams into reality with this lot! *There
is also TRACT 4 which has 6.5 more acres FOR SALE too*By
APPOINTMENT ONLY WITH REALTOR To Access. GPS 2408 Strader Rd.,
Justin, TX , Pull Into Access Road, this tract is located on the
left of the road & the buildings towards the front of the property
& fully fenced. Front part is the one with the lease with Atmos.
Atmos has 3 months lease for $3,500 per month. Can transfer to new
owner.
SURVEY PROVIDED*
SURVEY PROVIDED*
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
2000
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
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Principal + Interest:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20105752)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by CENTURY 21 JUDGE FITE CO. | $500,000 | |
| Listed by CENTURY 21 JUDGE FITE CO. | |||
| | |||
|
SOLD WITH MLS#20105748 ON 1 CONTRACT FOR $600,000* 5 acres of commercial land less than 5 mins away from downtown Justin! Buyers, get your agents over here to write an offer fast! Do not waste this opportunity to snag this business lot. This would be a great investment to own a piece of property located in the booming town of Justin. There is currently COMMERCIAL ZONING PROCESSED, so seize this opportunity! This is right off Strader Rd and still visible from FM 156. So what are you waiting for….bring your imagination and make your dreams into reality with this lot! *There is also TRACT 4 which has 6.5 more acres FOR SALE too*By APPOINTMENT ONLY WITH REALTOR To Access. GPS 2408 Strader Rd., Justin, TX , Pull Into Access Road, this tract is located on the left of the road & the buildings towards the front of the property & fully fenced. Front part is the one with the lease with Atmos. Atmos has 3 months lease for $3,500 per month. Can transfer to new owner.
SURVEY PROVIDED*
| |||
Property Highlights
Parking Available
Garage
Parking Details
Parking Features: On Site, Open
Interior Details
Flooring Type: None
Exterior Details
Year Built: 1990
Construction Materials: Other
Lot Features: Acreage
Lot Size Area: 5
Lot Size Units: Acres
Lot Size Acres: 5
Lot Size Square Feet: 217800
Utilities Details
Cooling Type: None
Heating Type: None
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2023
| |
Loft
|
-
|
-
|
$2,490,000
Loft
-
|
-
-
|
Madison Villarreal
DHS Realty
|
|
02/01/2023
| |
8 Bed
|
1 Bath
|
4162 ft²
|
$1,200,000
8 Bed
1 Bath
4162 ft²
|
-
04/05/2023
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
|
|
07/06/2022
|
Loft
|
-
|
-
|
$250,000
Loft
-
|
$600,000
+140.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
07/06/2022
|
Loft
|
-
|
-
|
$500,000
Loft
-
|
$600,000
+20.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
07/05/2022
|
Loft
|
-
|
-
|
$500,000
Loft
-
|
$600,000
+20.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
07/05/2022
|
Loft
|
-
|
-
|
$250,000
Loft
-
|
$600,000
+140.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
09/22/2021
| |
Loft
|
9 Bath
|
4162 ft²
|
$1,200,000
Loft
9 Bath
4162 ft²
|
-
-
|
Conner Nielsen
John Hill, Broker
|
|
07/23/2021
|
Loft
|
-
|
-
|
$260,000
Loft
-
|
-
-
|
Conner Nielsen
John Hill, Broker
| |
|
07/23/2021
|
Loft
|
-
|
-
|
$350,000
Loft
-
|
-
-
|
Conner Nielsen
John Hill, Broker
| |
|
07/22/2021
|
Loft
|
-
|
-
|
$420,000
Loft
-
|
$411,000
-2.14%
12/21/2021
|
Conner Nielsen
John Hill, Broker
| |
|
12/06/2020
| |
Loft
|
2 Bath
|
4162 ft²
|
$1,900,000
Loft
2 Bath
4162 ft²
|
-
-
|
-
|
|
05/02/2020
| |
Loft
|
-
|
-
|
$2,000,000
Loft
-
|
-
-
|
-
|
Building Info
About DISH
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Listed by: Melissa Sanches, CENTURY 21 JUDGE FITE CO.
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20105752
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20105752
Details provided by NTREIS and may not match the public record
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