14884 Highway 105 W
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14884 Highway 105 W
13,707 SF 100% Leased Office Building Montgomery, TX 77356 $1,650,000 ($120/SF) 7.02% Cap Rate
Investment Highlights
- Frontage on Highway 105 W
Executive Summary
- Prime office investment opportunity located in Montgomery, TX for $1,650,000
- Hwy 105 frontage
- Great visibility
- 2 Buildings totaling 13,707 SF
- Diverse tenant pool
- Below market rents
- Updated interior finish out
- Potential covered land play
- Hwy 105 frontage
- Great visibility
- 2 Buildings totaling 13,707 SF
- Diverse tenant pool
- Below market rents
- Updated interior finish out
- Potential covered land play
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
13,707 SF
Building Class
B
Year Built
1984
Price
$1,650,000
Price Per SF
$120
Cap Rate
7.02%
NOI
$115,759
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,707 SF
Building FAR
0.39
Lot Size
0.80 AC
Zoning
None - Commercial
Parking
20 Spaces (1.46 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 0037-00-02405 | Improvements Assessment | $455,730 |
| Land Assessment | $124,590 | Total Assessment | $580,320 |
PROPERTY TAXES
Parcel Number
0037-00-02405
Land Assessment
$124,590
Improvements Assessment
$455,730
Total Assessment
$580,320
Contacts
-
Zachary Young -
Grant Wisenbaker -
Abraham Richardson -
Stream Realty Partners, LP
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14884 Highway 105 W
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