309 W Archer RD new Save Request In-Person Tour Request Virtual Tour
Baytown,TX 77521
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 18,500 sqft
Price per Sqft $118
Subdivision East Of Garth
MLS Listing ID 2874286
Year Built 2020
Annual Tax Amount $26,618
Tax Year 2024
Lot Size 5.400 Acres
Acres 5.4
Property Sub-Type See Remarks
Source actris
Property Description
Built in 2022, this is an operating and growing investment with considerable year over year increases in revenue and occupancy. Additional covered spaces could be converted to increase the top-line potential revenue. Property has a current NOI of ~$105,000 and occupancy is now up to 78% (24% increase year over year). Tons of potential with this great investment!
Location
State TX
County Harris
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Total Parking Spaces 150
Building
Structure Type See Remarks
New Construction No
Others
Restrictions See Remarks
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard