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212 N 16th St

1,600 SF Light Industrial Building La Porte, TX 77571 £360,829 (£226/SF)

Investment Highlights

  • High Frequency Truck Route; Zoned Light Industrial; All industrial uses approved

Executive Summary

1600 SF on 0.501 acres; $460k Sales Price.
212 N 16th has had $12k in renovations spent April 2024 to include:
New interior paint job.
New ceiling tiles.
New laminate flooring.
Outside area facade and concrete pressure washed.
Everything inside cleaned out.
This is a prime-time Light Industrial (LI) zoned land on a High Frequency Truck Route in La Porte, minutes from Port of Houston activity. Excellent for warehousing/distribution redevelopment, truck terminal redevelopment, or small business trucking as is. Alternatively, an office/warehouse investor/user can occupy or lease to gain traction in the market, taking advantage of what will inevitably be a great exit strategy with this very unique land position.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £360,829
Price Per SF £226
Sale Type Owner User
Property Type Light Industrial
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Truck Terminal
  • Industrial Warehouse
Building Class C
Lot Size 0.50 AC
Rentable Building Area 1,600 SF
Number of Floors 1
Year Built/Renovated 1983/2024
Tenancy Single
Parking Ratio 4.38/1,000 SF
Clear Ceiling Height 9 ft

Amenities

  • 24 Hour Access
  • Signage
  • Yard
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0240790880017
Land Assessment
£14,119 (2023)
Improvements Assessment
£87,231 (2023)
Total Assessment
£101,350 (2023)

zoning

Zoning Code LI (Light Industrial asking $460k! Zoned LI and on rare High Frequency Truck Route.)
LI (Light Industrial asking $460k! Zoned LI and on rare High Frequency Truck Route.)
  • Listing ID: 31127688

  • Date on Market: 05/03/2024

  • Last Updated:

  • Address: 212 N 16th St, La Porte, TX 77571

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