25
See all 25 photos
$650,000
Est. payment /mo
79,714 SqFt
Price Dropped by $200K
201 Interstate W I-30 Mt Vernon, TX 75457
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UPDATED:
11/15/2024 07:31 PM
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 79,714 sqft
Price per Sqft $8
MLS Listing ID 24009887
Lot Size 1.830 Acres
Acres 1.83
Lot Dimensions 1.83 ACRES
Property Sub-Type Building
Property Description
Discover a unique business opportunity with Rooted: Lester's Plant Market, a well-established nursery strategically located off Interstate 30 in Mt. Vernon, Texas. This commercial property, spanning 1.83 acres, offers an excellent investment potential with a 23.85% cap rate and a proven income stream with ample room for expansion. Situated in a booming area experiencing significant growth and new housing developments, this nursery park is perfectly positioned to capitalize on the increasing demand for landscaping and gardening supplies. The property's prime location on I-30 ensures high visibility and easy access for customers traveling along the interstate. As part of this exceptional offer, the new owner will have the option to lease an additional nursery location in nearby Winnsboro, Texas, for $1,500 per month with profit margins that will stop you in your tracks. This expansion opportunity allows for increased market presence and potential revenue growth. The current operation of Rooted: Lester's Plant Market has built a strong reputation in the community, providing a solid foundation for future success. With its established customer base and room for expansion, this property presents an ideal opportunity for entrepreneurs looking to enter the thriving nursery and landscaping industry. The projected growth in the Mt. Vernon area and the nursery’s close proximity to other towns further enhance the appeal of this endeavor, drawing potential customers from surrounding communities. The nursery’s proximity to these towns creates additional foot traffic and exposure for the business. Don't miss this chance to own a turnkey nursery operation with proven success and room for growth. Schedule a viewing today to explore the full potential of this commercial property and take the first step towards owning a thriving business in the heart of Northeast Texas.
Location
State TX
County Franklin
Area Franklin
Zoning Commercial
Exterior
View Y/N No
Building
Sewer Public Sewer
Listed by Jennifer Hageman • Texas Ally Real Estate Group