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309 W Archer Rd 18,500 SF Specialty Building Offered at $2,200,000 at a 6.41% Cap Rate in Baytown, TX 77521

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Investment Highlights

  • Excellent Location
  • Turn-Key
  • Investment

Executive Summary

Built in 2022, this is an operating and growing investment with considerable year over year increases in revenue and occupancy. Additional covered spaces could be converted to increase the top-line potential revenue. Property has a current NOI of ~$141,000 and occupancy is now up to 80% (27% increase year over year). Tons of potential with this great investment!

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $235,000 $12.70
Other Income - -
Vacancy Loss - -
Effective Gross Income $235,000 $12.70
Taxes - -
Operating Expenses - -
Total Expenses $130,000 $7.03
Net Operating Income $105,000 $5.68

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $235,000
Annual Per SF $12.70
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $235,000
Annual Per SF $12.70
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $130,000
Annual Per SF $7.03
Net Operating Income
Annual $105,000
Annual Per SF $5.68

Property Facts

Price $2,200,000
Price Per SF $118.92
Sale Type Investment or Owner User
Cap Rate 6.41%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Parking Garage
  • Specialty Parking Lot
  • Specialty Trailer Camper Park
Building Class C
Lot Size 5.40 AC
Building Size 18,500 SF
No. Stories 1
Year Built 2020

Property Taxes

Property Taxes

Parcel Number
0421670000009
Land Assessment
$328,836
Improvements Assessment
$668,621
Total Assessment
$997,457
  • Listing ID: 35910883

  • Date on Market: 5/18/2025

  • Last Updated:

  • Address: 309 W Archer Rd, Baytown, TX 77521

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