20 28th 1/2 St S - Warehouse FOR SALE


Texas City, TX 77590
$395,000 USD
281-222-6088
20 28th 1/2 St S, Texas City, TX for Sale
$395,000 USD
Warehouse - FOR SALE
1/24
null | 10.93% Cap Rate

20 28th 1/2 St S
Texas City, TX 77590


HIGHLIGHTS

  • Nice Glass Storefront Windows
  • Easy Access off Main Hwy
  • Heavy Power Supply to Bldg.
  • Fenced Storage Yard
  • Major Industrial Activity in Area
  • Good Ratio of Office to Warehouse Space

OVERVIEW

Fantastic opportunity here for Owner/User or Investor for Rental Income....Very Nice Building that was Renovated Inside in 2021 and Roof Replaced...Multiple Offices and Storage Areas...Large Warehouse Area WITH A/C... Building Appears to have TWO 200-amp services...10.9% CAP RATE IS PRO-FORMA BASED ON PURCHASE FOR RENTAL INVESTMENT...Current Owner/User is willing to lease back for a short period as he transitions out...SEE PROFORMA CAP RATE in Attachments... This is a Must See to appreciate Property!... Call Agent for Market Rent Rates and for Appointment to Tour...Come by, take a look!

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

10.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Great Price! - Warehouse/Office Combo

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront, Manufacturing, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.31

LAND SF

13,504

ZONING

COMMERCIAL

APN/PARCEL ID

7048-0001-0011-000

ASK ABOUT THIS PROPERTY

Sean DennisUTR-Texas RealtorsMore Info
281-222-6088

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Sean DennisUTR-Texas RealtorsMore Info
281-222-6088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.