3916 Us Highway 287Henrietta, TX 76365

This exceptional 10.32-acre property in Henrietta, TX, offers significant investment potential. Located on US Highway 287 N, it boasts a prominent 17,375 square foot, single-story retail building currently at 100% occupancy, built in 2001. The building sits on approximately 8 acres, with an additional 2 acres available for development. The property features 18 parking spaces per 1,000 square feet and substantial air rights (354,404 sq ft). The asking price is $1,450,000, translating to $83.45 per square foot. The property is zoned for County outside ETJ use. The current tenant, Laguna Madre Traders, is open to a lease-back arrangement, allowing for a smooth transition. This unique offering combines existing income with substantial development opportunities, making it ideal for owner-occupancy or investment. The elevated location provides stunning views of the surrounding countryside. A three-month vacancy period is requested for the current tenant. The APN is 004020030700910000000. High traffic counts (over 24,000) on Highway 287 further enhance the property's value. This is a rare opportunity to acquire a prime commercial property with significant upside potential.