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1605 Cottonwood 52,000 SF Vacant Industrial Building Bay City, TX 77414 $2,750,000 ($52.88/SF) 16.05% Cap Rate
Investment Highlights
- New roof with foam insulation.
- Climate controlled storage (4 new 15 ton units).
- Total repaint - interior and exterior.
- All new electrical (600 Amp service).
- Dock high with ramp access.
- Camera security system with remote viewing.
Executive Summary
52,000 SF climate controlled 1-story building on 2.07 acres for sale. Consists of 49,000 SF warehouse space and 3,000 SF office space that has been completely renovated. New updated fire suppression system. Dock high.
Property Facts
| Price | $2,750,000 | Rentable Building Area | 52,000 SF |
| Price Per SF | $52.88 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1967/2023 |
| Cap Rate | 16.05% | Clear Ceiling Height | 18’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 5 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 2.07 AC | ||
| Zoning | None | ||
| Price | $2,750,000 |
| Price Per SF | $52.88 |
| Sale Type | Investment or Owner User |
| Cap Rate | 16.05% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.07 AC |
| Rentable Building Area | 52,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2023 |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | None |
Amenities
- Storage Space
- Raised Floor System
Utilities
- Lighting - Mercury
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
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Property Taxes
| Parcel Number | 41207 | Improvements Assessment | $1,524,200 |
| Land Assessment | $125,800 | Total Assessment | $1,650,000 |
Property Taxes
Parcel Number
41207
Land Assessment
$125,800
Improvements Assessment
$1,524,200
Total Assessment
$1,650,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
David Cottrell Investments
1605 Cottonwood
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