An exceptional opportunity to acquire a versatile, income-producing commercial property in the rapidly growing Newark area of Wise County or owner-occupy the property at tenant's lease expiration in 2027. Located along FM 3433 just approximately 1,600 feet north of the FM 718 intersection, this offering combines a substantial industrial facility with an adjacent residential property, creating a unique investment, owner-user opportunity. 1600 FM 3433 features approximately 7,500 SF of Class B industrial improvements on approximately 0.337 acres, with a highly functional layout designed to accommodate contractors, trades, automotive users, manufacturing, warehouse operations, and a variety of industrial users. The building includes six overhead doors, approximately 1,300 SF of finished office space, a kitchenette and half bath, loft space, industrial shelving, air-compressor plumbing connections, and crane-ready structural beams. Additional improvements include a 20' x 50' five-stall shed with approximately 200 SF of finished, electrically equipped space, providing valuable additional storage, workspace, or fleet capacity. The property also benefits from an on-site water well and sewer, concrete construction, metal siding, and abundant parking. This property offers significant flexibility for a variety of commercial and industrial uses. 1615 FM 3433 adds approximately 1.475 acres and two water wells, and three septic systems.

Newark is located in Texas. Newark, Texas has a population of 1,100. Newark is less family-centric than the surrounding county with 32.66% of the households containing married families with children. The county average for households married with children is 36.71%.
The median household income in Newark, Texas is $45,313. The median household income for the surrounding county is $75,482 compared to the national median of $69,021. The median age of people living in Newark is 31.8 years.
The average high temperature in July is 95.8 degrees, with an average low temperature in January of 33.3 degrees. The average rainfall is approximately 38.1 inches per year, with 1.6 inches of snow per year.