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3587 FM 2668 2,100 sq ft Industrial Property Bay City, TX 77414 £164,711 (£78.43/sq ft)
INVESTMENT HIGHLIGHTS
- High Traffic Area
- Out of the City Limits
- Income Producing
EXECUTIVE SUMMARY
Fully Leased Income Producing Retail/Office/Warehouse available in Industrial area with good visibility. Tenant pays $1,700 per month with lease ending in 2027. Newly remodeled metal building with ~1,600 square feet office/retail space and an additional ~780 square feet of warehouse space with 8'x10' overhead door. Building was remodeled in 2018 with an addition on the back, complete new roof, and bathroom. 0.74 Acre lot gives room for plenty of customer parking up front and storage in the back. Located out of the city limits, resulting in lower property taxes. At the future intersection of Nile Valley Loop. Property has a shared well ($50/mo.) and new septic system.
PROPERTY FACTS
| Price | £164,711 | Total Plot Size | 0.73 ac |
| Price per sq ft | £78.43 | Net Internal Area (NIA) | 2,100 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Warehouse | Tenancy | Single |
| Costar Property Class | C | ||
| Use Class | None | ||
| Price | £164,711 |
| Price per sq ft | £78.43 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.73 ac |
| Net Internal Area (NIA) | 2,100 sq ft |
| No. Floors | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| Use Class | None |
AMENITIES
- Storage Space
- Air Conditioning
UTILITIES
- Water - Well
- Sewer - Septic Field
PROPERTY TAXES
| Parcel Number | 17326 | Improvements Assessment | £79,249 |
| Land Assessment | £32,747 | Total Assessment | £111,996 |
PROPERTY TAXES
Parcel Number
17326
Land Assessment
£32,747
Improvements Assessment
£79,249
Total Assessment
£111,996
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3587 FM 2668
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