16000 Wolff Crossing, Justin, TX 76247 – Distr/Transit/Warehouse/Truck Terminal

Warehouse and StorageYear Built 2020Total Assessed Value $78,757,932County Denton

Property Details

The Warehouse and Storage property 16000 Wolff Crossing, Justin, TX 76247 is located in Denton County. The specific property type is Distr/Transit/Warehouse/Truck Terminal. The total assessed value of this property is $78,757,932.

The gross building area is 702,000 square feet and the land area is 1,866,359 square feet for this Distr/Transit/Warehouse/Truck Terminal built in 2020.

Legal description: Dhl Addition Blk 1 Lot 1

$78,757,932

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 16000 Wolff Crossing, Justin, TX 76247, Warehouse and Storage

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Property Information

Property TypeWarehouse and Storage

Sub Property TypeDistr/Transit/Warehouse/Truck Terminal

Building Area702,000

Land Size1,866,359

Land Value$9,331,793

Improved Value$69,426,139

Total Assessed Value$78,757,932

Year Built2020

County NameDenton

Account Number958283

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Fireplace1

Parking Space1270

HeatingCentral

PoolN

Roof TypeFlat

Type ConstructionBrick

No of Stories1

Bedrooms3

Bathrooms2

Number of Units2

Elevator

Exterior WallsConcrete

Sales History

1/29/2025

Arms-lengthNot Disclosed

Buyer

15716 Wolff Crossing Llc

Seller

Lba Lvf Vii-company Ix Llc

Book Number

2025.9111

Recording Date

1/29/2025

Transaction Details

15716 Wolff Crossing Llc acquired the property from Lba Lvf Vii-company Ix Llc through a Arms-length transaction on 1/29/2025 for .

1/29/2025

Arms-length$77,033,600

Buyer

16000 Wolff Crossing Llc

Seller

Lba Lvf Viicompany Xx Llc

Book Number

2025.9109

Recording Date

1/29/2025

Transaction Details

16000 Wolff Crossing Llc acquired the property from Lba Lvf Viicompany Xx Llc through a Arms-length transaction on 1/29/2025 for $77,033,600.

1/29/2025

Arms-lengthNot Disclosed

Buyer

Wolff Crossing Lot 2 Llc

Seller

Lba Lvf Vii-company Ix Llc

Book Number

2025.9110

Recording Date

1/29/2025

Transaction Details

Wolff Crossing Lot 2 Llc acquired the property from Lba Lvf Vii-company Ix Llc through a Arms-length transaction on 1/29/2025 for .

3/31/2021

Arms-lengthNot Disclosed

Buyer

Lba Lvf Vii Co Xx Llc

Seller

Tibbett & Britten Group North America Llc

Book Number

2021.57848

Recording Date

3/31/2021

Transaction Details

Lba Lvf Vii Co Xx Llc acquired the property from Tibbett & Britten Group North America Llc through a Arms-length transaction on 3/31/2021 for .

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

1/29/2025

New construction residential transactions$57,920,000

Borrower

16000 Wolff Crossing Llc

Lender

Book Number

Recording Date

1/29/2025

Transaction Details

16000 Wolff Crossing Llc borrowed the property from through a New construction residential transactions transaction on 1/29/2025 for $57,920,000.

9/27/2024

Arms length residential transactions purchase or resales$175,120,000

Borrower

Lba Lvf Viicompany Xx Llc

Lender

Pgim Real Estate Finance Llc

Book Number

2024.105469

Recording Date

9/27/2024

Transaction Details

Lba Lvf Viicompany Xx Llc borrowed the property from Pgim Real Estate Finance Llc through a Arms length residential transactions purchase or resales transaction on 9/27/2024 for $175,120,000.

6/1/2021

Arms length residential transactions purchase or resales$49,800,000

Borrower

Lba Lvf Viicompany Xx Llc

Lender

Bank Of America Na

Book Number

2021.102206

Recording Date

6/1/2021

Transaction Details

Lba Lvf Viicompany Xx Llc borrowed the property from Bank Of America Na through a Arms length residential transactions purchase or resales transaction on 6/1/2021 for $49,800,000.

Property constructed in 2020

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$9,331,793	$69,426,139	$78,757,932	$78,757,932	16000 Wolff Crossing...	130 S 5th St Ste 267...	Dhl Addition Blk 1 L...	Wh15A1C36	Sj1422A	1,866,359	702,000
2025	$9,331,793	$42,668,207	$52,000,000	$52,000,000	16000 Wolff Crossing...	130 S 5th St Ste 267...	Dhl Addition Blk 1 L...	WH15A1C36	Sj1422A	1,866,359	702,000
2024	$9,331,793	$38,592,207	$47,924,000	$47,924,000	Lba Lvf Viicompany X...	Po Box 847	Dhl Addition Blk 1 L...	Wh15A1C36	Sj1422A	1,866,359	702,000
2023	$9,331,793	$44,115,861	$53,447,654	$53,447,654	Lba Lvf Viicompany X...	Po Box 847	Dhl Addition Blk 1 L...	WH15A1C36	Sj1422A	1,866,359	702,000
2022	$7,465,435	$29,395,016	$36,860,451	$36,860,451	Lba Lvf Vii-company ...	Po Box 847	Dhl Addition Blk 1 L...	WH15A1C36	SJ1422A	1,866,359	702,000
2021	$4,665,897	$27,390,103	$32,056,000	$32,056,000	Lba Lvf Vii-company ...	3347 Michelson Dr St...	Dhl Addition Blk 1 L...	WH15A1C36	SJ1422A	1,866,359	702,000

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Showing 1 to 6 of 6 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
16000 Wolff Crossing, Justin, TX 76247	958283	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	16000 Wolff Crossing Llc	Denton	-	$ 77,033,600	2025-01-29	$ 109.73	2020	702,000	2
2601 Petty Pl, Fort Worth, TX 76177	769784	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Sre Petty Place Owner Llc	Denton	1.7	$ 109,725,000	2025-11-14	$ 137.91	2020	795,626	1
14901 N Beach St, Fort Worth, TX 76177	630573	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Alliance North 1 Owner Llc	Denton	3.1	$ 77,140,000	2025-02-25	$ 69.40	2014	1,111,500	-
1000 Railhead Dr, Haslet, TX 76052	06993850	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Railhead Drive Industrial Lp	Tarrant	3.6	$ 73,150,000	2025-08-15	$ 99.99	1997	731,548	1
402 Westport Pkwy, Haslet, TX 94104	42550007	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	James Campbell Company Llc And Jcc Westport Parkway Llc	Tarrant	4.2	$ 26,543,800	2024-09-03	$ 30.08	2019	882,565	2
501 Henrietta Creek Rd Unit53, Roanoke, TX 76262	268299	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Sp 53 Gateway Owner Lp	Denton	5.9	$ 75,810,000	2024-08-28	$ 168.47	2003	450,000	53
600 Gateway Pkwy Unit61, Roanoke, TX 76262	241833	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Sp 61 Gateway Owner Lp	Denton	5.5	$ 75,810,000	2024-08-28	$ 124.70	2002	607,962	61
2900 S Valley Pkwy, Lewisville, TX 75067	648564	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Dfw Lewisville Partners Gp Etal	Denton	18.5	$ 51,892,532	2025-06-09	$ 50.38	2014	1,030,000	-
2710 Edmonds Ln, Lewisville, TX 75067	661808	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Majestic Lewisville Partners Lp	Denton	18.6	$ 87,745,780	2025-06-09	$ 92.63	2007	947,236	-
2701 S Valley Pkwy, Lewisville, TX 75067	661810	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Majestic Lewisville Partners Lp	Denton	18.4	$ 40,509,194	2025-06-09	$ 123.11	2015	329,060	-
2601 Valley Pkwy, Lewisville, TX 75067	744196	Warehouse and Storage	Distr/Transit/Warehouse/Truck Terminal	Majestic Lewisville Partners Lp	Denton	18.4	$ 20,315,320	2025-06-09	$ 65.85	2018	308,500	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	16000 Wolff Crossing, Justin, TX 76247	—	-	1,866,359	2020	702,000	$ 78,757,932	$ 9,331,793	-
Bank Of America Na	11085 Harmon Rd, Fort Worth, TX 76020	08/28/2025	$ 540,000,000	709,699	2022	280,435	$ 26,582,434	$ 2,661,371	Lba Ncccompany Xxxiv Llc
Bank Of America Na	440 S Royal Ln, Coppell, TX 75019	08/28/2025	$ 540,000,000	414,199	1996	179,778	$ 18,995,550	$ 3,313,590	Lba Ncc2 Company Vii Llc
Bank Of America Na	201 Northpoint Dr, Coppell, TX 75019	08/28/2025	$ 540,000,000	780,160	2003	377,228	$ 28,690,080	$ 6,241,280	Lba Ncc2company Vi Llc
Manufacturers & Traders Tr Co	151 165 S I 35 E, Denton, TX 76205	08/26/2025	$ 48,500,000	1,330,414	2022	447,180	$ 62,677,423	$ 3,991,242	-
Great Plains National Bank	6504 Midway Rd, Haltom City, TX 76117	08/25/2025	$ 10,000,000	78,408	1982	31,500	$ 1,933,136	$ 392,040	Bcgv Midway Road Llc
Jpmorgan Chase Bank Na	633 Westport Pkwy, Grapevine, TX 76051	07/23/2025	$ 310,000,000	152,734	2000	70,525	$ 4,400,760	$ 763,670	Exeter 633 Westport Lp
Jpmorgan Chase Bank Na	625 Westport Pkwy, Grapevine, TX 76051	07/23/2025	$ 310,000,000	741,200	2000	443,589	$ 27,950,400	$ 3,706,000	Exeter 625 Westport Lp
Pinnacle Bank	4710 Mercantile Dr, Fort Worth, TX 76137	06/30/2025	$ 1,875,000	345,196	1997	108,690	$ 9,127,776	$ 1,035,588	Mercantile Partners Lp
New York Life Insurance Co	8700 N Royal Ln, Irving, TX 75063	06/20/2025	$ 75,000,000	228,233	1981	108,240	$ 9,629,330	$ 3,423,500	Atlas Riverbend Llc
Incref Inv Ms Seller Llc	280 E Corporate Dr, Lewisville, TX 75067	06/09/2025	$ 354,550,000	595,321	2022	117,675	$ 14,427,862	$ 2,530,116	-

Mean$ 178,940,619

Median$ 79,750,000.0

Loan Amount Range$ 200,000 - $ 540,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

12054730325

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

4/20/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	CEVA FREIGHT, LLC
	Address Line	15350 vickery dr
	City / State / Zip	houston TX 77032
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48121
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77032
Registration Details	SOS Code

License Timeline

License Issued

4/20/2023

Currently Active

Status: -

Renewal Required

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