About 531 S Cherry Ln
Prime Commercial Opportunity in White Settlement Tx. This property offers an excellent location, currently operating as a gas station business. With the lease set to expire in less than 2.5 years, you have the flexibility to renew the lease or take over and run the business yourself. Additionally, this site presents a fantastic redevelopment opportunity in a sought-after area. The property boasts a strong 8% cap rate, ensuring a solid income stream. Don’t miss this income-generating asset with great potential for future growth!
Features of 531 S Cherry Ln
| MLS® # | 20786401 |
|---|---|
| Price | $750,000 |
| Bathrooms | 0.00 |
| Acres | 0.93 |
| Year Built | 1968 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 531 S Cherry Ln |
|---|---|
| Subdivision | SIMPSON, L W SURVEY |
| City | White Settlement |
| County | Tarrant |
| State | TX |
| Zip Code | 76108 |
Amenities
| Utilities | City Water, Electricity Connected |
|---|---|
| Garages | On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Other |
|---|---|
| Construction | Brick |
| Foundation | Other |
Additional Information
| Zoning | F1 |
|---|
Listing Details
| Agent | Rehan Kapadia |
|---|---|
| Office | 54 Realty Company LLC |