Historical Industrial Sale Listing - Huffsmith Industrial Park

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Huffsmith Industrial Park

22111 Huffsmith Kohrville Rd., Tomball, TX 77375

N/A

22,900 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
22,900 SF
Property Type:
Industrial
Property Sub-type:
Industrial-Business Park
Additional Sub-types:
Flex Space
Industrial (land)
Retail (land)
Property Use Type:
Investment
Cap Rate:
9.50%
Tenancy:
Single
Year Built:
2002
Lot Size:
8.14 AC
Listing ID
14365919
Last Updated
over 1 year ago

Highlights

  • Development Opportunity - 6 Acres
  • 6 Acres Undeveloped
  • Road Expansion
  • Retail Conversion
  • Tomball Area
  • 2002 Construction

Description

Huffsmith Industrial Park is a great development opportunity that also has existing building available that will add cash flow to the investment. The property consists of three industrial bildings totaling 22,900 square foot and well as 6 Acres of land to be developed. The building are priced on a 9.5% CAP Rate and the excess land is at $2.75 per foot.

Land values in the area are ranging from $2-6 per foot and increasing fast due to the amount of developent in the area.

The building sit on a tract of land consisting of 8.14 acres in size; approximately 6 acres are undeveloped. This location is in an area of Tomball that is growing rapidly. Literally across the street fom this property, several tracts of land are being developed into high-end, single family homes.

Additionally, Huffsmith-Kohrville Road is being is planned to be expaned into 4 lanes in the near future.

Map of 22111 Huffsmith Kohrville Rd., Tomball, TX 77375 (Harris County)

Research for 22111 Huffsmith Kohrville Rd., Tomball, TX 77375 (Harris County)

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