20820 Park Row DrKaty, TX 77449

For Sale
$2,900,000

±3 Acres, High-Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
Exceptional investment opportunity in Katy, TX, featuring ±3.076 acres of fully fenced and lighted industrial land at 20820 Park Row Drive, 77449. This fully stabilized property boasts approximately 450 feet of frontage on Park Row Drive and includes a small on-site storage/office building. Currently generating a gross potential income of approximately $18,000 per month or $216,000 annually through approximately 80 truck spaces leased at below-market rates of approximately $225 per truck on a month-to-month basis. Annual expenses are estimated at approximately $27,500, encompassing insurance, taxes, repairs, and rock maintenance. The property is served by Castlewood MUD and features LED lighting. Owner financing will be considered. Asking price: $2,900,000. This prime location offers significant upside potential for future income growth.

Highlights

  • Flexible month-to-month leases available.
  • Owner financing considered.

Location Insight

City
Katy
County
Harris
State
Texas
Latitude
29.7928495
Longitude
-95.7422214
20820 Park Row Dr, Katy, Texas

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20820 Park Row Dr
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