212 N 16th St
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212 N 16th St
1,600 SF Flex Building La Porte, TX 77571 $460,000 ($288/SF)
Investment Highlights
- High Frequency Truck Route; Zoned Light Industrial; All industrial uses approved
Executive Summary
1600 SF on 0.501 acres; $460k Sales Price.
212 N 16th has had $12k in renovations spent April 2024 to include:
New interior paint job.
New ceiling tiles.
New laminate flooring.
Outside area facade and concrete pressure washed.
Everything inside cleaned out.
This is a prime-time Light Industrial (LI) zoned land on a High Frequency Truck Route in La Porte, minutes from Port of Houston activity. Excellent for warehousing/distribution redevelopment, truck terminal redevelopment, or small business trucking as is. Alternatively, an office/warehouse investor/user can occupy or lease to gain traction in the market, taking advantage of what will inevitably be a great exit strategy with this very unique land position.
212 N 16th has had $12k in renovations spent April 2024 to include:
New interior paint job.
New ceiling tiles.
New laminate flooring.
Outside area facade and concrete pressure washed.
Everything inside cleaned out.
This is a prime-time Light Industrial (LI) zoned land on a High Frequency Truck Route in La Porte, minutes from Port of Houston activity. Excellent for warehousing/distribution redevelopment, truck terminal redevelopment, or small business trucking as is. Alternatively, an office/warehouse investor/user can occupy or lease to gain traction in the market, taking advantage of what will inevitably be a great exit strategy with this very unique land position.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Signage
- Yard
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0240790880017 | Improvements Assessment | $111,206 (2023) |
| Land Assessment | $18,000 (2023) | Total Assessment | $129,206 (2023) |
PROPERTY TAXES
Parcel Number
0240790880017
Land Assessment
$18,000 (2023)
Improvements Assessment
$111,206 (2023)
Total Assessment
$129,206 (2023)
zoning
| Zoning Code | LI (Light Industrial asking $460k! Zoned LI and on rare High Frequency Truck Route.) |
| LI (Light Industrial asking $460k! Zoned LI and on rare High Frequency Truck Route.) |
-
Sammy Abuhamra -
TIG Real Estate Services, Inc.
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212 N 16th St
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