6110 Storey Dr - Stabilized Industrial Land
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6110 Storey Dr - Stabilized Industrial Land
1.8 Acres of Industrial Land in Humble, TX 77396
Executive Summary
We are the current tenant and this Trucking Company has been here at this facility for 7+ Years.
WE ARE LOOKING TO SELL THIS PROPERTY TO A INVESTOR AND SIGN A LONG TERM LEASE AT $6,000/acre NNN. This will provide approx. $10,000/mo in rent. We have owned this property and have not had much in annual expenses over the past 2-3 years, thus we expect that the NOI for future years to be approx. $120,000. We are looking for an investor to place a reasonable cap rate on that NOI.
We are also open to selling the yard at a similar price point and moving out entirely.
Single wide trailer on site (currently used as an Office), with water, plumbing and electricity. 360 degrees fenced with locking gate.
WE ARE LOOKING TO SELL THIS PROPERTY TO A INVESTOR AND SIGN A LONG TERM LEASE AT $6,000/acre NNN. This will provide approx. $10,000/mo in rent. We have owned this property and have not had much in annual expenses over the past 2-3 years, thus we expect that the NOI for future years to be approx. $120,000. We are looking for an investor to place a reasonable cap rate on that NOI.
We are also open to selling the yard at a similar price point and moving out entirely.
Single wide trailer on site (currently used as an Office), with water, plumbing and electricity. 360 degrees fenced with locking gate.
Property Facts
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 1.80 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 1.80 AC |
1 Lot Available
Lot
| Lot Size | 1.80 AC |
| Lot Size | 1.80 AC |
1.65 acres (per Survey, but there is 1.8 acres of usable space inside fence) currently being used for a Transportation Business. Located on 59 Feeder near Beltway 8.
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PROPERTY TAXES
| Parcel Number | 0710440120320 | Improvements Assessment | $12,227 |
| Land Assessment | $864,000 | Total Assessment | $876,227 |
PROPERTY TAXES
Parcel Number
0710440120320
Land Assessment
$864,000
Improvements Assessment
$12,227
Total Assessment
$876,227
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Chris Saporito - Mallini
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6110 Storey Dr - Stabilized Industrial Land
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