212 N 16th St - Light Distribution FOR SALE


La Porte, TX 77571
$460,000 USD
832-758-9384
212 N 16th St, La Porte, TX for Sale
$460,000 USD
Light Distribution - FOR SALE
1/19
null | Request Cap Rate

212 N 16th St
La Porte, TX 77571


HIGHLIGHTS

  • High Frequency Truck Route; Zoned Light Industrial; All industrial uses approved

OVERVIEW

1600 SF on 0.501 acres; $460k Sales Price. 212 N 16th has had $12k in renovations spent April 2024 to include: New interior paint job. New ceiling tiles. New laminate flooring. Outside area facade and concrete pressure washed. Everything inside cleaned out. This is a prime-time Light Industrial (LI) zoned land on a High Frequency Truck Route in La Porte, minutes from Port of Houston activity. Excellent for warehousing/distribution redevelopment, truck terminal redevelopment, or small business trucking as is. Alternatively, an office/warehouse investor/user can occupy or lease to gain traction in the market, taking advantage of what will inevitably be a great exit strategy with this very unique land position.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Distribution, Truck Terminal, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

9 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

LI

APN/PARCEL ID

0240790880017

ASK ABOUT THIS PROPERTY

Sammy AbuhamraTIG Real Estate Services, Inc.More Info
832-758-9384

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Sammy AbuhamraTIG Real Estate Services, Inc.More Info
832-758-9384

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