Warehouses /TX /Montgomery County /Magnolia /20800 FM 1488 Rd
Warehouses /TX /Montgomery County /Magnolia /20800 FM 1488 Rd

20800 FM 1488 Rd - Auto Repair FOR SALE


Magnolia, TX 77355 | 
$1,500,000 USD
281-757-6412
20800 FM 1488 Rd, Magnolia, TX for Sale
$1,500,000 USD
Auto Repair - FOR SALE
1/32
null | 4.8% Cap Rate
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20800 FM 1488 Rd
Magnolia, TX 77355

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HIGHLIGHTS

  • Heavy Traffic/Demographic
  • Tenant in place 5 years

OVERVIEW

This business was built in 1997 by the current owner as his RV repair shop. Around 2020 he settled on retiring and leased out the business and the current tenant added the collision portion of the business.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

-

APN/PARCEL ID

7125-00-03400

ASK ABOUT THIS PROPERTY

Allison DoverRealm Real Estate Professionals NorthMore Info
281-757-6412

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Allison DoverRealm Real Estate Professionals NorthMore Info
281-757-6412

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

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