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This exceptional Spring, Texas industrial property offers 27,894 square feet of versatile flex space across four buildings situated on a 2.38-acre lot (103,620 sq ft). Built in 1978 and renovated in 2020, the property boasts a mix of office and warehouse space, ideal for owner-users. The main building features approximately 4,000 square feet of professional office space, including multiple offices, a conference room, breakroom, and employee amenities. The warehouse areas, totaling approximately 23,894 square feet, are fully insulated, equipped with energy-efficient lighting, grade-level roll-up doors, and additional carport storage. The primary production warehouse space is located in the rear buildings, providing ample interior and exterior storage. A convenient semi-circular driveway ensures easy access for heavy trucks, and the property is fully secured with fencing. The property includes 30 parking spaces and features 1200 AMP/480V heavy power. The property is currently 100% occupied by an owner-occupant who will vacate upon closing. This prime location in Spring, Texas, offers easy access to Beltway 8 and the Grand Parkway (SH-99), providing convenient north and south access via toll roads. The asking price is $2,995,000, representing a pro-forma cap rate of 8.38% and a pro-forma NOI of $251,040. The property is zoned for commercial buildings and is offered as a fee-simple ownership opportunity. The property's utilities include a septic sewer system, a well water system with an enclosed pump room, and a wastewater collection system serviced by a wastewater company.
Highlights
27,894 SF industrial building on a 2.38-acre lot, built in 1978, renovated in 2020.
Currently owner-occupied, vacant at closing.
Features office space, breakroom, warehouse space, and employee amenities.
Warehouses include insulation, energy-efficient lighting, grade-level roll-up doors, and carport storage.
Primary warehouse space offers ample interior and exterior storage.
Semi-circular driveway allows easy truck access; property is fenced for security.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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