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LBW Ranches LLC Professional Building 120 S Charlton St 4,360 SF 10% Leased Office Building Woodville, TX 75979 $343,639 CAD ($78.82 CAD/SF)
INVESTMENT HIGHLIGHTS
- located on courthouse square
- kitchen and ada bathrooms 10 office spaces left to rent out or own the entire building and keep the income for yourself
- heavey foot traffic
EXECUTIVE SUMMARY
Partially leased on a 2 year renewal basis. Just renewed on 03/01/2025 for another 2 years at $1280/month and tenant pays 50% of all utilities for entire building in December of each year. Every 2 years at renewal there is a 3% increase in rents and tenant has been utilizing lobby, offices 1-3 since 2020.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$21,155
|
$4.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$21,155
|
$4.85
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $21,155 |
| Annual Per SF | $4.85 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $21,155 |
| Annual Per SF | $4.85 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,360 SF
Building Class
B
Year Built/Renovated
1961/2006
Price
$343,639 CAD
Price Per SF
$78.82 CAD
Percent Leased
10%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,360 SF
Building FAR
1.00
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
N/A - No zoning, unrestricted
Parking
23 Spaces (5.28 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Hooks Title & Abstract
- Real Estate
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Hooks Title & Abstract | Real Estate | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | R23766 | Improvements Assessment | $270,447 CAD |
| Land Assessment | $6,643 CAD | Total Assessment | $277,090 CAD |
PROPERTY TAXES
Parcel Number
R23766
Land Assessment
$6,643 CAD
Improvements Assessment
$270,447 CAD
Total Assessment
$277,090 CAD
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LBW Ranches LLC Professional Building | 120 S Charlton St
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