16216 FM 529 Rd
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16216 FM 529 Rd
7,820 SF 100% Leased Retail Building Houston, TX 77095 £1,356,345 (£173/SF) 5.76% Net Initial Yield
Investment Highlights
- Value add opportunity, Perfect for owner user
- Frontage on FM 529
- Just across the street from Walmart
Executive Summary
Buyer can redevelop car wash or continue leasing to current tenant
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Retail
Building Size
7,820 SF
Building Class
C
Year Built/Renovated
2002/2005
Price
£1,356,345
Price Per SF
£173
Net Initial Yield
5.76%
NOI
£78,125
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.13
Lot Size
1.39 AC
Zoning
None - Commercial
Parking
14 Spaces
Frontage
58 ft on FM 529
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1161760120041 | Improvements Assessment | £684,220 |
Land Assessment | £551,882 | Total Assessment | £1,236,103 |
PROPERTY TAXES
Parcel Number
1161760120041
Land Assessment
£551,882
Improvements Assessment
£684,220
Total Assessment
£1,236,103
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16216 FM 529 Rd
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