For Sale

615 FM 371, Gainesville, TX for sale

615 FM 371,
Gainesville, TX 76240
Represented by
SVN | Verus Commercial

Asset Snapshot

Assisted Living
Industrial Subtype
33.33%
Occupancy

Offering Summary

Investment Overview

Offering a high-performance environment and immediate cash flow for businesses or investors seeking a professional operational base in Gainesville, TX. With two 1,800 SF units recently leased, the property produces $38,400 in annual in-place NOI, leaving 7,200 SF available for an owner-user to occupy immediately or lease out for additional revenue upside. Engineered for maximum utility, the building features a 17’ clear height and 14’ overhead doors, accommodating large equipment and high-density storage with ease. Each unit is optimized for year-round efficiency with spray foam insulation and includes a dedicated private office and restroom to support administrative needs on-site. The property provides ample yard space and lower operating costs than traditional metro-area parks, making it an ideal choice for light manufacturing, service trades, or regional distribution with passive income already locked in.


Investment Highlights

  • 7,200 SF Vacant for Owner-User
  • 2, 1,800 SF, Suites Leased
  • Current NOI of $38,400

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,800,000
Asking Price

Investment Sales Broker

Bryson Hudgens
SVN | Verus Commercial