20 28Th 1/2 St, Texas City, TX 77590

4,500 SF | Industrial Building | Texas City, TX 77590 | $395,000 ($88/SF) | 10.93% Cap Rate

Asking Price $395,000

Property Type
Industrial
Price / Square Foot
$88

Listing Contacts

Sean Dennis

Property 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!

Property Details

Class
B
Year Built
1981
Stories
1
Property Subtype
Distribution, Storefront, Manufacturing
Lot Size (sq. ft)
13,504 SF

Highlights

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

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