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Building 1 21602 E Hardy Rd

17,700 SF Industrial Building Houston, TX 77073 $2,750,000 ($155/SF) 8% Cap Rate

Investment Highlights

  • Two 16 Ft high Roll up doors
  • Industrial Generator
  • 10000 sq ft of warehouse space
  • Climate Controlled
  • 2 story office building with elevator
  • Fenced property with plenty of nigh lighting in parking lot

Executive Summary

Office warehouse for sale. Property consists of one building with multiple uses includes a 10,000 sq ft climate controlled warehouse with 2 roll up doors, high pallet storage and plenty of office space with reception area, conference room, kitchens areas, storage room, copy room, 2 bathrooms, 12 offices, one open office space and an elevator to the second floor offices.
The property has an industrial generator, enough parking for 50+ cars. It is strategically located in the intersection of Hardy Rd and FM 1960 and it is fully gated with 2 entrances.

Property Facts

Price $2,750,000
Price Per SF $155
Sale Type Investment or Owner User
Cap Rate 8%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 1.75 AC
Rentable Building Area 17,700 SF
No. Stories 1
Year Built 2015
Tenancy Single
Parking Ratio 3.11/1,000 SF
Clear Ceiling Height 32 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Conferencing Facility
  • Fenced Lot
  • Reception
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1372120010001
Land Assessment
$434,844
Improvements Assessment
$2,489,455
Total Assessment
$2,924,299

zoning

Zoning Code N/A (Unrestricted)
N/A (Unrestricted)
  • Listing ID: 31587150

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 21602 E Hardy Rd, Houston, TX 77073

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