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4.33 acres I-45 and Tx 75 16751 TX-75 Hwy 3,759 SF 100% Leased Office Building Willis, TX 77378 $1,500,000 ($399.04/SF)
Investment Highlights
- Currently the 2nd location of Jim Morris Homes
Executive Summary
Prime Commercial Investment Opportunity. Frontage of 560 ft on Tx 75 North and 200+ ft on I-45 Feeder. Currently the second location of Jim Morris Homes, the structure has 7 private meeting rooms; a 1280 sq ft storage building; 2 entrances; concrete parking lot and over 2 acres unimproved and ready for expansion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,759 SF
Year Built
2016
Price
$1,500,000
Price Per SF
$399.04
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,759 SF
Building FAR
0.02
Lot Size
4.29 AC
Opportunity Zone
Yes
Parking
19 Spaces (5.05 Spaces per 1,000 SF Leased)
1 1
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
338
5,324
21,081
2024 Population
437
6,982
27,840
Population Growth '20-'24
29.3%
31.1%
32.1%
2020 Households
117
1,832
7,491
2024 Households
153
2,427
9,994
Household Growth '20-'24
30.8%
32.5%
33.4%
Average Age
41
38
39
Median Household Income
$84,285
$79,139
$74,033
Daytime Employees
221
666
7,700
Total Businesses
25
86
894
College Degree + Higher
16%
15%
16%
Property Taxes
| Parcel Number | 0262-00-01600 | Improvements Assessment | $263,630 |
| Land Assessment | $272,940 | Total Assessment | $536,570 |
Property Taxes
Parcel Number
0262-00-01600
Land Assessment
$272,940
Improvements Assessment
$263,630
Total Assessment
$536,570
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4.33 acres I-45 and Tx 75 | 16751 TX-75 Hwy
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