23515 FM1314 - Restaurant FOR SALE


Porter, TX 77365
$1,400,000 USD
713-240-6822
23515 FM1314, Porter, TX for Sale
$1,400,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

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23515 FM1314
Porter, TX 77365


OVERVIEW

Take advantage of this rare chance to complete a project that is approximately 80% finished. The current owner was forced to halt construction due to funding limitations, creating a prime opportunity for an investor or builder to step in and finish the job. Estimates suggest it will take around $200,000 to bring the property to completion. With land in this area trading at approximately $10 per square foot, this property is being offered at nearly land value—making it a highly attractive deal. Located in the rapidly growing Porter area, the site offers excellent visibility and convenience to Hwy 59, making it ideal for a variety of potential uses.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rigoberto JuarezGlobal Investment RealtyMore Info
713-240-6822

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Rigoberto JuarezGlobal Investment RealtyMore Info
713-240-6822

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