3428 I-20, Stanton, TX, TX 79782

$2,074,000
5,033
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,074,000
MLS#
21353825
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2011
Construction Status
Preowned
Acres
1
Living Area
5,033
County
Martin
City
Stanton
Subdivision
Donelson Add

Property Description

USDA & FSA already in place. 7.5% CAP RATE on a GSA lease!!! They have been occupying this building since completion in 2012. Nice single-story first class building currently leased to Martin County USDA and FSA (local agricultural services). This location serves Martin and the surrounding four counties. Designed by architect James A. Stephenson. Right off frontage road to I-20. Build to suite for the USDA & FSA. This building was built with all the current tenant's programing considered. The building is segregated for both the USDA and the FSA. USDA side has 3 private offices, a large file and storage room, a large open concept big room for office staff and private offices for managerial staff. The FSA side has 2 private offices and a medium sized staff area. Both the USDA and the FSA have common shared bathrooms, conference room, kitchenette, utility room with enclosed garage for side by side and other ag equipment. They also share a common vestibule entrance. A secured and cooled server room and a shared janitorial closet with mop sink and storage. This building has been impeccably maintained. With a GSA lease in effect since 2012, the current lease was renewed in April of 2025 and is effective until end of April 2030. During all recent government shutdowns, this building has remained open and leased by the Federal Government and all rent is current. Rental payments are made electronically and are in arears. The USDA and FSA have been in Stanton for over 40 years serving this wonderful community. Ownership was commissioned by the USDA to build this for the USDA & FSA from the beginning and has amenities specifically for their needs. Agriculture and farming services are essential needs for the local and surrounding communities - counties. The current lot has additional acreage that enables the building to be easily expanded approximately 2,500 sf if need be.

Additional Information

Unexempt Taxes
$6,963
Tenant Pays
None
Lot Size
43,560
Acres
1
Lot Description
Flat
Flooring
Carpet, Combination, Tile, Vinyl
Foundation
Slab
Roof
Flat
Building Stories
1
Parking Garage
Circular Driveway, Paved, Driveway, Golf Cart Garage, Heated Garage, Lighted, On Site, Other, Garage Faces Rear
Possession
CloseOfEscrow
Business Name
Martin County USDA Service Center and FSA Farm Service Agency
Proposed Use
Office
Inclusions
Land & Improvements

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of John McMackin from CLARK REAL ESTATE GROUP. Contact: (817) 458-0402

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: