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7040 State Highway 75 S
Huntsville, TX 77340
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Highly accessible to IH-45, Hwy 19, and Hwy 30
- Single or multi-tenant commercial space
- Pylon Signage
EXECUTIVE SUMMARY
Vacant commercial building with residential duplex in highly visible/trafficked corridor off IH-45 and TX Hwy 19. Commercial building is ready for a single commercial occupant or multi-tenant occupancy. Sale includes the duplex unit at 7050 Hwy 75 South which is currently fully leased.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,793 SF
Building Class
C
Year Built
1986
Price
$885,000
Price Per SF
$90.37
Cap Rate
8.81%
NOI
$78,008
Percent Leased
20%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.59 AC
Zoning
None - No zoning restrictions
Parking
22 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
124’ on SH 75
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 24272 | Improvements Assessment | $304,220 |
| Land Assessment | $86,250 | Total Assessment | $390,470 |
PROPERTY TAXES
Parcel Number
24272
Land Assessment
$86,250
Improvements Assessment
$304,220
Total Assessment
$390,470
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