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151 Legion Rd Angleton TX 151 Legion Rd

5,000 SF 100% Leased Industrial Building Angleton, TX 77515 £332,541 (£67/SF) 10.35% Net Initial Yield

Investment Highlights

  • Concrete parking area near building. Rmainder is crushed aggregate
  • 2 large open areas. 2500 sqft each. One is climate controlled
  • LED lights throughout building

Executive Summary

5000 sqft metal building on approximately 1.14 acres. New windstorm approved roof installed in 2021. 2500 sqft is climate controlled with 10 tons ac. 3 offices, 2 restrooms. 2500 sqft for mixed use. Currently leased thru 4/2027. $4500/month. 115ft county rd frontage. iImproved parking.

Property Facts

Price £332,541
Price Per SF £67
Sale Type Investment
Net Initial Yield 10.35%
Sale Conditions Sale & Leaseback
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Service
  • Light Industrial Light Distribution
Building Class C
Lot Size 1.14 AC
Rentable Building Area 5,000 SF
Number of Floors 1
Year Built/Renovated 1975/2024
Clear Ceiling Height 14 ft

Amenities

  • Yard
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Water - Well
  • Sewer - Septic Field
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4330-0034-000
Land Assessment
£122,985
Improvements Assessment
£134,957
Total Assessment
£257,942

zoning

Zoning Code CH (Commercial (County))
CH (Commercial (County))
  • Listing ID: 32708700

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 151 Legion Rd, Angleton, TX 77515

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