115 Norma Jean Blvd
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115 Norma Jean Blvd
6,400 SF Light Industrial Building Smithville, TX 78957 £622,723 (£97/SF)
Executive Summary
With over 200 feet of State Highway 71 frontage between Bastrop and Smithville, this is an easily accessible warehouse, office, and finished living space. This property is well placed in the urban triangle - 30 minutes from Austin city limits, and 90 minutes from San Antonio and Houston. Built in 2017, approximately 700 sq ft is currently office space, approximately 700 sq ft above that finished out as a fully occupiable one-bedroom apartment with laundry, and the remaining 4,800 sq ft on the ground floor is split equally between two warehouse areas. One side of the warehouse space is insulated and air conditioned and has a large roll up door. The second side has four roll-up doors, a 50amp RV hook up, a utility room, and is plumbed for a bathroom. The office, apartment and conditioned warehouse are currently leased at $3,000/mo through August 2028. Use the income to offset your payments and build out the remaining 2,400 sq ft warehouse space to suit your needs. Due to the warehouse height, you could add a second floor and increase that to 4,800 sq ft of usable space. A workshop? More offices? More apartments? A combination of all? On 2.6 acres with streets on 3 sides, there is plenty of room to add more buildings. The sellers even have engineered plans to add nearly 11,000 sq ft of storage units on the acreage to add revenue – these plans will convey to you with the purchase.
Property Facts
Price | £622,723 | Lot Size | 2.63 AC |
Price Per SF | £97 | Rentable Building Area | 6,400 SF |
Sale Type | Investment or Owner User | Number of Floors | 2 |
Property Type | Light Industrial | Year Built | 2017 |
Property Subtype | Light Distribution | Tenancy | Single |
Building Class | B | Parking Ratio | 2.66/1,000 SF |
Price | £622,723 |
Price Per SF | £97 |
Sale Type | Investment or Owner User |
Property Type | Light Industrial |
Property Subtype | Light Distribution |
Building Class | B |
Lot Size | 2.63 AC |
Rentable Building Area | 6,400 SF |
Number of Floors | 2 |
Year Built | 2017 |
Tenancy | Single |
Parking Ratio | 2.66/1,000 SF |
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PROPERTY TAXES
Parcel Number | 60542 | Improvements Assessment | £175,561 |
Land Assessment | £224,582 | Total Assessment | £400,143 |
PROPERTY TAXES
Parcel Number
60542
Land Assessment
£224,582
Improvements Assessment
£175,561
Total Assessment
£400,143
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115 Norma Jean Blvd
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