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333 Salvage Way 22,000 SF Industrial Building Luling, TX 78648 $1,250,000 ($56.82/SF)



EXECUTIVE SUMMARY
Property has massive inventory of vintage lumber, windows, doors, wood shop, manufacturing areas for welding, electrical, stained glass work, and 2,000 sf of offices, along with an upper floor ready to add a thousand more square feet of living space. Upstairs has an 1 bedroom apartment for living quarters, full bath and a half downstairs.
Property has a well for water that will be shared with adjoining land which shares the well. The power is 440 and 220 three phase on site as well as having two meters, one ready for very large sign on highly visible hill on the side of IH 10. This is a very visible property and can be seen from a mile away. Ideal for manufacturer who wants tons of exposure and advertising at no cost.
Building needs new doors and some roofing work to be fully functional. Upgrades to update and expand are ready and can be built into pricing.
The owner will sell to a business the inventory if possible, or will need 6 months to liquidate and vacate the building.
Leaseback or price adjustment to accommodate that situation, depending on the tax benefits to the buyer.
Some of the maintenance issues are to drop the tax values and save $40,000 annually, rather than having the property fully valued at $1.35 mil, which will eventually be the goal of the Guadalupe Tax men as soon as some fixes are made, if they know about them.
Also open to taking on a partner and giving inheritance rights if the buyer is also taking on the business and growing it, myself as a board member and advisor, but more to travel the world and send business back to younger people who can run the business I have proven viable, and have the reputation and brand to grow if the right party shows up to take on that business. Appoximately $10,000,000 in inventory between this location and 1020 North College St., Gonzales, Texas
Property has a well for water that will be shared with adjoining land which shares the well. The power is 440 and 220 three phase on site as well as having two meters, one ready for very large sign on highly visible hill on the side of IH 10. This is a very visible property and can be seen from a mile away. Ideal for manufacturer who wants tons of exposure and advertising at no cost.
Building needs new doors and some roofing work to be fully functional. Upgrades to update and expand are ready and can be built into pricing.
The owner will sell to a business the inventory if possible, or will need 6 months to liquidate and vacate the building.
Leaseback or price adjustment to accommodate that situation, depending on the tax benefits to the buyer.
Some of the maintenance issues are to drop the tax values and save $40,000 annually, rather than having the property fully valued at $1.35 mil, which will eventually be the goal of the Guadalupe Tax men as soon as some fixes are made, if they know about them.
Also open to taking on a partner and giving inheritance rights if the buyer is also taking on the business and growing it, myself as a board member and advisor, but more to travel the world and send business back to younger people who can run the business I have proven viable, and have the reputation and brand to grow if the right party shows up to take on that business. Appoximately $10,000,000 in inventory between this location and 1020 North College St., Gonzales, Texas
PROPERTY FACTS
UTILITIES
- Lighting
PROPERTY TAXES
| Parcel Number | 2G0022-0000-02620-0-00 | Improvements Assessment | $111,962 |
| Land Assessment | $106,224 | Total Assessment | $218,186 |
PROPERTY TAXES
Parcel Number
2G0022-0000-02620-0-00
Land Assessment
$106,224
Improvements Assessment
$111,962
Total Assessment
$218,186
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333 Salvage Way
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