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Investment Highlights
- Excellent investment opportunity with a sale and leaseback in place!
- Recently renovated!
- Located with great visibility!
Executive Summary
Situated along Business 59 South within the industrial hub of Diboll, this commercial property offers approximately 250 feet of frontage, excellent visibility, and close proximity to the regional airport. Tenant in place with potential for a sale-leaseback, providing immediate income and flexible exit strategies. The repurposed building has been upgraded on the interior with new offices and improved infrastructure; supporting current operations of Millenia Water and Ice while offering additional office build-out potential. The site also presents future redevelopment opportunities, including the ability to expand or reconfigure the building to fully leverage the frontage. An opportunity for investors seeking stable cash flow today with long-term value-add potential in a well-positioned industrial market.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $499,500 | Lot Size | 1.33 AC |
| Price Per SF | $111 | Building Size | 4,500 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1960 |
| Property Subtype | Religious Facility | Parking Ratio | 6.67/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | C - C-Commercial | ||
| Price | $499,500 |
| Price Per SF | $111 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 1.33 AC |
| Building Size | 4,500 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 6.67/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C - C-Commercial |
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 18796 | Improvements Assessment | $215,850 |
| Land Assessment | $24,700 | Total Assessment | $240,550 |
Property Taxes
Parcel Number
18796
Land Assessment
$24,700
Improvements Assessment
$215,850
Total Assessment
$240,550
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