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3099 Columbia Memorial Pky

6,500 SF Industrial Building Kemah, TX 77565 $1,395,000 ($215/SF) 5.30% Cap Rate

Investment Highlights

  • HEAVY TRAFFIC/EASY ACCESS TO MAJOR ROADS/ROOM TO EXPAND/ 4.3 ACRES/ 5600 SQ FT WAREHOUSE & 1200 SQ FT OFFICE

Executive Summary

RARE INVESTMENT OPPORTUNITY! HIGH TRAFFIC AREA*+/- 4.3 ACRES*5600 SQ FT WAREHOUSE/ 1200 SQ FT OFFICE SPACE*PLENTY OF AREA TO EXPAND*EZ ACESS TO HWY 146.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $74,400 $11.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $74,400 $11.45
Taxes $11,915 $1.83
Operating Expenses - -
Total Expenses $11,915 $1.83
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $74,400
Annual Per SF $11.45
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $74,400
Annual Per SF $11.45
Taxes
Annual $11,915
Annual Per SF $1.83
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $11,915
Annual Per SF $1.83
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,395,000
Price Per SF $215
Sale Type Investment
Cap Rate 5.30%
Sale Conditions Ground Lease (Leasehold)
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
  • Industrial Service
Building Class C
Lot Size 4.30 AC
Rentable Building Area 6,500 SF
No. Stories 1
Year Built 1990
Tenancy Single
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Front Loading
  • Yard
  • Storage Space

Utilities

  • Lighting - Halogen
  • Gas
  • Water - City
  • Sewer - City
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • PROTECTO BURN
  • Manufacturing
  • 6,500 SF
  • $0.95
  • Industrial Gross
  • Mar 2025
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
PROTECTO BURN Manufacturing 6,500 SF $0.95 Industrial Gross Mar 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4235-0005-0019-001
Land Assessment
$374,620
Improvements Assessment
$325,380
Total Assessment
$700,000
Annual Taxes
$11,915 ($1.83/SF)
Tax Year
2023

zoning

Zoning Code Light Industrial (GC)
Light Industrial (GC)
  • Listing ID: 33675967

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 3099 Columbia Memorial Pky, Kemah, TX 77565

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