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Retail Investment For Sale 20203 FM 1485 Rd

2,680 SF 100% Leased Retail Building New Caney, TX 77357 $2,700,000 ($1,007/SF)

Investment Highlights

  • Income Producing
  • High Growth Area
  • Excellent Frontage

Executive Summary

2.16+Ac Retail/Office Investment opportunity!
* Property offers 2,680 SF Retail building with Tenants in place and 1,440 SF Self Service Car Wash
* Income Producing
* Excellent FM 1485 Frontage
* Fenced
* Located in Opportunity Zone
* High Traffic – High Growth Area
* Utilities through New Caney MUD
* Near Wal-Mart Supercenter
* Grand TX Theme Park within 4 miles North
* Easy Access to I-69 (Hwy 59)
* Shopping & Dining at Valley Ranch Town Center – 3 Min
* Grand Pkwy (Hwy 99) – 4 Min
* Houston & IAH Bush Airport – 18 Min
* Ground Lease Option available-Contact Agent for Details
Please Note: Mobile Home Not Included in Sale

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,680 SF
Building Class
C
Year Built/Renovated
1970/2016
Price
$2,700,000
Price Per SF
$1,007
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
2.16 AC
Opportunity Zone
Yes
Zoning
5
Parking
12 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
234 FT on FM 1485 Rd

Amenities

  • Fenced Lot
  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

Starbucks
Planet Fitness
La Michoacana Meat Market
Hartz Chicken Buffet
Chase Bank
Brookshire Brothers
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0308-02-00513
Land Assessment
$35,890
Improvements Assessment
$175,110
Total Assessment
$211,000
  • Listing ID: 29100430

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 20203 FM 1485 Rd, New Caney, TX 77357

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