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10060 Veterans Memorial Rd

18,601 SF 100% Leased Industrial Building Houston, TX 77038 $2,200,000 ($118/SF) 3.95% Cap Rate

Warehouses Texas Houston 10060 Veterans Memorial Rd, Houston, TX 77038

Investment Highlights

  • Located on the busy Veterans Memorial Drive.
  • Plenty of parking.
  • Property consist of two large buildings.
  • 2 miles from Hwy 45 and Beltway.

Executive Summary

Do not disturb tenants...Owner Occupies 1/2 of the existing building... Cape Rate is estimated off the front building only...The front few office spaces and warehouse spaces consist of a Law Firm, Hall, Auto Repair and Vehicle Upholstery shop... all with month-to- month leases... The front building has appx 10,000 sq ft and the back building is closed-in on three sides only...

Property Facts

Price $2,200,000 Lot Size 1.60 AC
Price Per SF $118 Rentable Building Area 18,601 SF
Sale Type Investment or Owner User No. Stories 1
Cap Rate 3.95% Year Built 2005
Property Type Industrial Parking Ratio 2.15/1,000 SF
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
 No. Drive In / Grade-Level Doors 8
Building Class B Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $2,200,000
Price Per SF $118
Sale Type Investment or Owner User
Cap Rate 3.95%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
Building Class B
Lot Size 1.60 AC
Rentable Building Area 18,601 SF
No. Stories 1
Year Built 2005
Parking Ratio 2.15/1,000 SF
No. Drive In / Grade-Level Doors 8
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 1030670000226 Improvements Assessment $719,795
Land Assessment $348,785 Total Assessment $1,068,580

PROPERTY TAXES

Parcel Number
1030670000226
Land Assessment
$348,785
Improvements Assessment
$719,795
Total Assessment
$1,068,580
(832) 419-4165

Contact

  • Listing ID: 34053725

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 10060 Veterans Memorial Rd, Houston, TX 77038

More public record information on 10060 Veterans Memorial Rd, Houston, TX 77038

The Industrial Property at 10060 Veterans Memorial Rd, Houston, TX 77038 is currently available for sale. Contact RE/MAX Integrity for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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10060 Veterans Memorial Rd
(832) 419-4165 x

10060 Veterans Memorial Rd

Robert Wood

(832) 419-4165

(832) 419-4165

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