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12247 FM 1097 Rd 33,412 SF 100% Leased Industrial Building Willis, TX 77318 $5,500,000 ($164.61/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic Exposure, Great Further Development Potential.
EXECUTIVE SUMMARY
An outstanding income producing project with great growth potential situated in fast growing Montgomery County. Sitting at the corner of FM 1097 and Cude Cemetery Road, which is scheduled this year to be expanded to 4 lanes, this property has 5-10 acres available for future expansion of existing buildings. This property currently has 5 tenants creating an annual gross income of $348,000 with annual rental increases. An additional adjacent 5.74 acres is potentially available for development as well.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,500,000 | Property Subtype | Manufacturing |
| Price Per SF | $164.61 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 19.34 AC |
| Cap Rate | 5.60% | Rentable Building Area | 33,412 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2008 |
| Zoning | NONE | ||
| Price | $5,500,000 |
| Price Per SF | $164.61 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.60% |
| Sale Condition | Business Value Included |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 19.34 AC |
| Rentable Building Area | 33,412 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Zoning | NONE |
AMENITIES
- 24 Hour Access
UTILITIES
- Water - Well
- Sewer - Septic Field
ABOUT 12247 FM 1097 RD , WILLIS, TX 77318
The property includes a concrete batch plant operated by Transco Ltd. plus four other tenants and over $250,000 in soil stabilization. Situated on newly expanded to five lanes FM 1097, this property has tremendous potential for high profitability with future development.
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,627,274 (2025) | |
| Land Assessment | $1,034,749 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $592,525 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,034,749 (2025)
Improvements Assessment
$592,525 (2025)
Total Assessment
$1,627,274 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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12247 FM 1097 Rd
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