80 Sorters McClellan rd - Warehouse FOR SALE


Kingwood, TX 77339
$2,050,000 USD
281-541-4294
80 Sorters McClellan rd, Kingwood, TX for Sale
$2,050,000 USD
Warehouse - FOR SALE
1/48
null | Request Cap Rate

80 Sorters McClellan rd
Kingwood, TX 77339


HIGHLIGHTS

  • Lot Size | 2.93 AC
  • Building Size | ±8,976 SF
  • City of Houston water and sewer
  • Easy access to I-69, Beltway 8, FM 1960, and Bush Intercontinental Airport
  • All 7 apartments are 100% occupied on month-to-month leases. 4,500 square foot warehouse is leased. Lease expiring March 31, 2027.
  • Potential for future improvements & enhancements to maximize revenue.

OVERVIEW

Introducing a prime commercial property located in a primary area near 59 featuring a spacious 4,000 sq. ft. warehouse complemented by a 500 sq. ft. office, totaling 4,500 sq. ft. This facility includes 2 bathrooms, 2 offices, a welcoming reception area, and 8 overhead bay doors (one of which is electric). The office is equipped with both air conditioning and heating for year-round comfort. Enjoy ample parking with 25 secure spots in the holding area and an additional 25 open parking spaces. Currently generating rental income of $6,750. Additionally, the property boasts 7 fully leased apartments on month-to-month leases. Among these, four are two-story, 2-bedroom, 1.5-bathroom units renting for $1,300 per month. One unit is a 1-bedroom, 1-bathroom apartment at $1,100 per month, while two studio apartments are leasing for $1,000 each. With a total income of $15,050 from the warehouse and apartments, this property presents a fantastic investment opportunity. The roof was sealed in 2016, ensuring durability and reducing maintenance concerns. Explore the potential for future enhancements to maximize revenue!

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

80 Sorters Mcclellan Rd, Kingwood, TX 77339

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1164630000005

ASK ABOUT THIS PROPERTY

Jay HoustonTexas Real Estate ProMore Info
281-541-4294

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Jay HoustonTexas Real Estate ProMore Info
281-541-4294

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