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12720 Fm 1409
Old River Winfree, TX 77535
River Storage · Specialty Property For Sale
·
17,000 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 17,000 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Lot Size | 1.25 AC | Year Built/Renovated | 1996/2019 |
| Zoning | None | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 1.25 AC |
| Building Size | 17,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1996/2019 |
| Zoning | None |
ABOUT 12720 FM 1409 , OLD RIVER WINFREE, TX 77535
This is an excellent opportunity for an investor to take advantage of an up-side potential. This property was purchased in a package deal with a convenience store and shopping center. The buyer only wanted the convenience store and has no interest in the storage facility. The storage facility caught fire in 2019 and was rebuilt and renovated. The owner wishes to sale the facility vacant without releasing. The property is located on FM 1409 in Chambers County just outside of Mont Belvieu. The mini storage facility is comprised of 80 ea. 5X10', 20ea. 10X10', 20 ea. 10X15', 40 ea. 10X20’' units. Total land size is +/- 1.25 acres. The sales price of $475,000 is less than $30.00 SF, far less than replacement cost. The up-side potential is great.
PROPERTY TAXES
| Parcel Number | 00029-05800-00000-060001 | Improvements Assessment | $399,920 |
| Land Assessment | $285,080 | Total Assessment | $685,000 |
PROPERTY TAXES
