See all 21 photos

$2,700,000

Est. payment - /mo

8.56 Acres Lot

Active

517 Vaughan Lane Tioga, TX 76271

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Daniel Burke

homes@burkedfw.com +1(469) 305-0167

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision G-1079 Shoto Sarah A-G1079

MLS Listing ID 20889108

Total Fin. Sqft 900

Year Built 2024

Annual Tax Amount $13,345

Lot Size 8.558 Acres

Acres 8.558

Property Sub-Type Business

Property Description

JUST COMPLETED... BOAT RV STORAGE FACILITY ONE MILE FROM DNT GRAYSON PKWY. Unincorporated, NO restrictions. 4 large residential developments within 8 miles of site, some currently selling homes. All weather road access to property. 900sf warehouse with covered contractor storage, yard and separate entrance, can be leased separately. Small office with AC and 2 separate contractor storage yards that can be leased separately from boat & rv storage. Structures are complete with room for expansion, professionally set piers to expand covered parking along both sides of property. Seller will complete security gates. Minor items for buyer to complete and start leasing: security and septic, if desired. Water meter onsite but not connected to office bath. 220V onsite. Entire property graded to drain to the back of the tract with professional drainage system and retention pond. Currently 52 covered parking spaces that can be expanded based on need. Total of 323 developed parking spaces available, 52 covered spaces, uncovered spaces can be booked together to accommodate longer boats or RVs. Property is partially developed may be expanded as desired. Conservative projected income as built is $355K with potential of $532K+ annually. Seller willing to provide expansion plans upon request.

Location

State TX

County Grayson

Zoning None, Unincorporated Grayson County

Direction DNT & Grayson Parkway North to FM 121 in Grayson County. Left on FM 121, Right on Vaughan Lane, Property will be on the left. Approximately 0.6 miles north on Vaughan Lane and 1 mile from DNT Grayson Parkway at FM 121.

Interior

Heating Electric

Cooling Electric, Wall/Window Unit(s)

Flooring Concrete, Other

Heat Source Electric

Exterior

Utilities Available All Weather Road, Co-op Water, Electricity Available, Electricity Connected, Individual Water Meter, Outside City Limits, Sewer Not Available, See Remarks, No Sewer

Roof Type Metal,Shingle

Garage No

Building

Lot Description Acreage, Cleared, Level

Foundation Slab, Other

Structure Type Metal Siding,Siding

Others

Ownership See Agent

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20889108

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Terri Mccutcheon • Talley and Company, LTD

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Daniel Burke

Team Leader | License ID: 0671405

+1(469) 305-0167