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9870 N Highway 183

5,500 SF 55% Leased Office Building Florence, TX 76527 For Sale

Investment Highlights

  • Unique Warehouse with Fenced Yard
  • In the direct path of future growth
  • Value Add

Executive Summary

9+ Acres off hwy 183 in Florence with leases in place generating over $300,000 of annual income with several way to generate additional income. Hwy 183 is being expanded all the way to Lampasas over the next several years and this property will be in the prime location once it's all completed. New overpasses to the north and to the south to be constructed making this even more accessible & convenient. Additional 800 square foot buildings on site as well.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,500 SF
Building Class
C
Year Built
2005
Percent Leased
55%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
5,500 SF
Building FAR
0.01
Land Acres
9.16 AC
Parking
11 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Security System
  • Signage
  • Storage Space
  • Secure Storage
  • Yard
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R584057
Land Assessment
£442,138
Improvements Assessment
£880,940
Total Assessment
£1,323,078
  • Listing ID: 28675013

  • Date on Market: 06/06/2023

  • Last Updated:

  • Address: 9870 N Highway 183, Florence, TX 76527

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