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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