228 US Highway 285 — Sale in Pecos, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Pecos, TX 79772
  • Year built: 2020

Investment Figures

Cap rate
10.24%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The property consists of a vacant two-building industrial portfolio totaling 40,201 square feet, situated on 7.31 acres of land. The portfolio offers a unique opportunity for investors or businesses looking to establish a presence in the area. With metal construction, the buildings feature 14 total grade-level doors, wash bays, and high-end office finishings. The buildings have direct water connections to city water, ensuring a reliable source of water for industrial operations. Additionally, the property features backup generators in case of a power outage, minimizing downtime and ensuring continuous operation. The property’s location and features make it an attractive option for companies in the oil and gas industry. The property’s proximity to a 100-room, 200-bed man camp and amenity center is also a significant advantage, as it provides convenient housing options for workers in the industry. This proximity can help reduce costs associated with employee housing and transportation. The man camp and amenity center offer a range of services and amenities, making it an attractive option for workers. The property’s location along Highway 285 is strategic, as it is a major route used for oilfield transportation from West Texas to New Mexico. The frontage along the highway provides easy access to the property and facilitates the transportation of goods and equipment. The property is available for sale or for lease as a portfolio or separately, providing flexibility for potential buyers or tenants. Investment Highlights: • Two Building Industrial Portfolio Totaling 40,201 Square Feet, Situated on 7.31 Acres • Metal Construction Featuring 14 Total Grade-Level Doors, Wash Bays, and High-End Office Finish Outs • Available For-Sale or For-Lease as a Portfolio or Separately • Direct Water Connections to City Water and Backup Generators in Case of Power Outage • The Buildings are Situated Next to a 100 Room, 200 Bed Man Camp and Amenity Center to Conveniently House Workers in

Market Context

This industrial in Pecos, TX is listed for sale. It is offered at an approximate 10.2% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2020. It has been on the market for 100 days. Compare it against other industrial listings for sale in Pecos, TX — view the full market.

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