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240 US-59 Bus - Rail Served - Transload Facility

44.75 Acres of Industrial Land in George West, TX 78022

Investment Highlights

  • Railroad
  • Union Pacific
  • Eagle Ford Shale
  • Rail Served
  • Transload

Executive Summary

+/- 44.758 Acres Total
Shared Access off of Business 59
Leased Premises
+/-28.99 Acres
+/-1,800 SF Office
+/-14,148 Linear Feet of Existing Rail Track
112-Pound Rail
12 Frac Sand Silos (500 ton capacity)
Nine (9) Internal Switches
Two (2) Mainline Switches (Northernmost switch sharable with existing tenant)
Five (5) Year Lease in Place (Expires 12/31/2027)
Average NOI: $450,823.55
Undeveloped Land for Future Expansion
+/-15.76 Acres

Financial Summary (Actual - 2022)

Annual Annual Per AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £3,527,469 £78,826.11

Financial Summary (Actual - 2022)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual £3,527,469
Annual Per AC £78,826.11

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Distribution
  • Healthcare
  • Self Storage
Total Lot Size 44.75 AC

1 Lot Available

Lot 1

Lot Size 44.75 AC

Description

Currently used as a frac sand transload facility ? +/- 44.758 Acres Total ? Shared Access off of Business 59 ? Leased Premises ? +/-28.99 Acres ? +/-1,800 SF Office ? +/-14,148 Linear Feet of Existing Rail Track ? 112-Pound Rail ? 12 Frac Sand Silos (500 ton capacity) ? Nine (9) Internal Switches ? Two (2) Mainline Switches (Northernmost switch sharable with existing tenant) ? Five (5) Year Lease in Place (Expires 12/31/2027) ? Average NOI: $450,823.55 ? Undeveloped Land for Future Expansion ? +/-15.76 Acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0193-0000-0036-00
  • 0193-0000-0040-00
Land Assessment
£39,853 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£40,628 (2024)

zoning

Zoning Code OCL
OCL
  • Listing ID: 26880978

  • Date on Market: 18/10/2022

  • Last Updated:

  • Address: 240 US-59 Bus, George West, TX 78022

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