20086 Franz RdKaty, TX 77449
For Sale
$2,299,000
High-Yield Katy Warehouse, 7,200 SF
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 7,200 SF flex/warehouse building on a 3.02-acre lot in Katy, TX (77449).
- 22-foot ceiling height and 79 parking spaces.
- Strong NOI of $187,164 (8.14% cap rate), pro-forma NOI of $210,444 (9.15% cap rate).
- Asking price: $2,299,000; Seller financing available with 40% down payment.
- Two tenants on month-to-month leases, willing to extend for five years.
- Income-producing truck parking generating $12,875 monthly rent.
Property Details for 20086 Franz Rd
- Property type
- Other warehouses, Other industrial properties
- Square Feet
- 7,200 SF
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 131,638 SF
Location Insight
- City
- Katy
- County
- Harris
- State
- Texas
- Latitude
- 29.8044329
- Longitude
- -95.7323269
20086 Franz Rd, Katy, Texas
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
