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3447 Highway 281 7,774 SF Retail Building George West, TX 78022 $1,800,000 ($231.54/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Highway Frontage: Direct access to U.S. Highway 281, a major commercial and logistics route.
- Proximity to Industrial & Energy Sectors: South Texas energy, logistics, and manufacturing companies drive demand.
- Regional Connectivity: Links key markets as Corpus Christi (1 hour), San Antonio (1.5 hours), Laredo (2 hours) and Houston (3.5 hour)
EXECUTIVE SUMMARY
The 7,774 SF warehouse at 3447 Highway 281, George West, TX 78022, is a prime investment opportunity located along U.S. Highway 281, a key north-south corridor in Texas. The property offers high visibility, easy accessibility, and strong regional connectivity, making it an attractive asset for investors seeking stable returns.
Including approximately 550 Sf of office space with air conditioning. Have two offices one bathroom and one reception.
This marketing and sales plan outlines a strategic approach to position the property effectively, identify the right buyer pool, and execute a successful transaction at a 6.5% cap rate.
Offering memorandum available upon to request.
Including approximately 550 Sf of office space with air conditioning. Have two offices one bathroom and one reception.
This marketing and sales plan outlines a strategic approach to position the property effectively, identify the right buyer pool, and execute a successful transaction at a 6.5% cap rate.
Offering memorandum available upon to request.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
7,774 SF
Building Class
C
Year Built
2010
Price
$1,800,000
Price Per SF
$231.54
Cap Rate
6.50%
NOI
$117,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
Commercial - Zoned for industrial and light manufacturing.
Frontage
179’ on County Road 454
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 2010-4000-0264-00 | Improvements Assessment | $60,306 |
| Land Assessment | $5,100 | Total Assessment | $65,406 |
PROPERTY TAXES
Parcel Number
2010-4000-0264-00
Land Assessment
$5,100
Improvements Assessment
$60,306
Total Assessment
$65,406
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3447 Highway 281
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