12247 FM 1097 Rd - Manufacturing FOR SALE


Willis, TX 77318
$5,500,000 USD
713-569-2114
12247 FM 1097 Rd, Willis, TX for Sale
$5,500,000 USD
Manufacturing - FOR SALE
1/8
null | 5.6% Cap Rate

12247 FM 1097 Rd
Willis, TX 77318


HIGHLIGHTS

  • High Traffic Exposure, Great Further Development Potential

OVERVIEW

An outstanding income producing project with great growth potential situated in fast growing Montgomery County. Sitting at the corner of FM 1097 and Cude Cemetery Road, which is scheduled this year to be expanded to 4 lanes, this property has 5-10 acres available for future expansion of existing buildings. This property currently has 5 tenants creating an annual gross income of $348,000 with annual rental increases. An additional adjacent 5.74 acres is potentially available for development as well.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.34

LAND SF

842,450

ZONING

NONE

APN/PARCEL ID

0012-00-01010,0012-00-06005

ASK ABOUT THIS PROPERTY

Blair SmithColdwell Banker Commercial RealtyMore Info
713-569-2114

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Blair SmithColdwell Banker Commercial RealtyMore Info
713-569-2114

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.