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Porter Ln
Porter, TX 77365
Specialty Property For Sale
·
46,000 SF
PROPERTY FACTS
| Property Type | Specialty | Construction Status | Demolished |
| Property Subtype | Building Size | 46,000 SF | |
| Building Class | C | No. Stories | 1 |
| Lot Size | 17.52 AC | Year Built | 1950 |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 17.52 AC |
| Construction Status | Demolished |
| Building Size | 46,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
ABOUT PORTER LN , PORTER, TX 77365
17.52 Acres - Porter Ln. - Value Add Opportunity North Houston Airport sits just 10 miles from Bush Intercontinental Airport. This airport provides ideal General Aviation access to the north side of Houston including the Woodlands and Kingwood. Currently with the Grand Texas Theme Park project in the planning stages nearby and now Houston' s Grand Parkway 184 mile loop around Houston passes just to the south of the airport. Many new business and residential developments have already sprung up in Montgomery County and the surrounding area, North Houston Airport is poised to become a vital General Aviation destination for the north Houston area. Controlled Gate Access 50 hangars fully leased. 7 total Hangar buildings Occupancy: 100% with waiting list Current rental income: $222,601 Runway Length: 3,594 ft Runway Surface: Asphalt Runway Width: 46 ft The Cap Rate is calculated based on the current rental income. This does not include value add income for the additional 10 acres of vacant land.
PROPERTY TAXES
| Parcel Number | 0053-00-00110 | Improvements Assessment | $1,198,079 |
| Land Assessment | $1,626,090 | Total Assessment | $2,824,169 |
PROPERTY TAXES
