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310 5th N Ave, Texas City, TX 77590 310 5th N Ave

6,080 SF Vacant Light Industrial Building Texas City, TX 77590 £106,288 (£17/SF) 6.67% Net Initial Yield

Investment Highlights

  • 12 Self Storage Facility near Texas City Docks!

Executive Summary

Any agreement to the terms of this offering will be evidenced by a contract assignment or double-closing.
Cap Rate Listed is from the Proforma.*

Attachments

OM_310 5th Ave. Texas City TX_

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £106,288 Lot Size 0.40 AC
Price Per SF £17 Rentable Building Area 6,080 SF
Sale Type Investment or Owner User Number of Floors 1
Net Initial Yield 6.67% Year Built 1966
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
 Parking Ratio 1/1,000 SF
Property Type Light Industrial Clear Ceiling Height 12 ft
Property Subtype
R&D
  • Light Industrial Light Distribution
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class C
Price £106,288
Price Per SF £17
Sale Type Investment or Owner User
Net Initial Yield 6.67%
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
Property Type Light Industrial
Property Subtype
R&D
  • Light Industrial Light Distribution
Building Class C
Lot Size 0.40 AC
Rentable Building Area 6,080 SF
Number of Floors 1
Year Built 1966
Parking Ratio 1/1,000 SF
Clear Ceiling Height 12 ft
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Storage Space

Links

1 of 1

PROPERTY TAXES

Parcel Number 7030-0124-0006-000 Improvements Assessment £182,089 (2023)
Land Assessment £24,885 (2023) Total Assessment £206,975 (2023)

PROPERTY TAXES

Parcel Number
7030-0124-0006-000
Land Assessment
£24,885 (2023)
Improvements Assessment
£182,089 (2023)
Total Assessment
£206,975 (2023)

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
(713) 480-0002

  • Listing ID: 33597653

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: 310 5th N Ave, Texas City, TX 77590

The Light Industrial Property at 310 5th N Ave, Texas City, TX 77590 is currently available For Sale. Contact Sanmore Investments, LLC for more information.

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© 2024 CoStar Group

310 5th N Ave, Texas City, TX 77590 | 310 5th N Ave
(713) 480-0002 x

310 5th N Ave, Texas City, TX 77590 | 310 5th N Ave

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Boris Sanchez

(713) 480-0002

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Federico Medina

(713) 885-1292

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