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$2,500,000

300 E Gibbs Blvd, Glen Rose, TX, 76043

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths29,625 Sq Ft
IndustrialIndustrial
price_per_sqft$84.39 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete, Other

Exterior

Lot Size6.18 acres

Building Information

Year Built1985

Land Information

APNR000049404
Lot Number2-4
Land UseCommercial
Legal DescriptionACRES: 6.177 LOT: 2-4 SUBD: GIBBS INDUSTRIAL PARK ABST: A136-GP
Census Tract000101
Assessed Land Value$132,810
Assessed Improvement Value$350,580
Assessment Year2025

About this property

Offering a 28,423 SqFt Building on approximately 6.8 Acres with additional 1,800 Sq. Ft. modular office in the Bo Gibbs Industrial park. There are three separate production areas. Entire property leased through April of 2027, please no unannounced visitors. Space 310A: 5,000 Square Feet. Space 310B. 5,500 Square Feet. This space comes with a rear entry door and a portion of covered outside storage. A 1 ton crane makes this space perfect for an automotive or light industrial application. Space 310C. 17,977 Square Feet. Approximately 16,500 Square feet in warehouse and 1,477 in office, five bay warehouse with offices, break room and rest rooms. Small dispatch office highlights this flexible workspace that can work as an industrial fabrication facility or truck shop. 20’ eave height walls are plumbed with lines for a compressor. The total property has a total of 8 powered 14' clear height overhead doors.

Investor Tools

$1,217,057Estimated Mortgage Balance
$483,390Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

Interested in this property?

Lori Mills

Clark Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,774
$483,390
2025
$132,810
$350,580
$483,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,774
$483,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Credit Line (Revolving) / Heloc
$1,408,000
No
First
Dec 20, 2019
Dec 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,217,057
N/A
0%
252%
$8,442/mo

City: Glen Rose

300 E Gibbs Blvd | Property Details | No Agent List