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Investment Highlights

  • Attractive Basis: Offered at $918,750 (~$175/SF)
  • Stabilized Investment: Immediate income with reduced lease-up risk
  • Sellout Opportunity: Part of final inventory release at 1960 Industrial Park
  • In-Place Cash Flow: 57 months remaining on existing lease
  • Strategic Location: Proximity to Hardy Toll Road, I-45, Beltway 8, and I-69

Executive Summary

Located within 1960 Industrial Park in Humble, Texas, this ±5,250 SF industrial warehouse presents a compelling investment opportunity with in-place income and attractive pricing at $918,750 (approximately $175/SF). The property is leased with 57 months remaining, offering immediate and stable cash flow. The building features ±18’ eave heights, a fully insulated metal structure, one (1) 14’ x 16’ grade-level overhead door, and 480V 3-phase power—ideal for a wide range of industrial users. Strategically positioned with convenient access to the Hardy Toll Road (±3 miles), Interstate 45 (±4 miles), Sam Houston Tollway (±6 miles), and Interstate 69 (±6 miles), the asset benefits from strong connectivity across the Houston metro area. This offering provides investors the opportunity to acquire a stabilized asset within a growing industrial corridor as ownership sells remaining inventory.

Attachments

Bldg Main Flyer

Property Facts

Price $918,750
Price Per SF $175
Sale Type Investment or Owner User
Sale Condition Building in Shell Condition
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.49 AC
Rentable Building Area 5,250 SF
No. Stories 1
Year Built 2023
Tenancy Single
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 2
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
1360420020001
Land Assessment
$1,275,131
Improvements Assessment
$7,271,503
Total Assessment
$8,546,634
  • Listing ID: 34190056

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 4711 E Richey Rd, Humble, TX 77338

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