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1605 Cottonwood 52,000 SF Vacant Industrial Building Bay City, TX 77414 $3,804,322 CAD ($73.16 CAD/SF) 16.05% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New roof with foam insulation.
  • Climate controlled storage (4 new 15 ton units).
  • Total repaint - interior and exterior.
  • All new electrical (600 Amp service).
  • Dock high with ramp access.
  • Camera security system with remote viewing.

EXECUTIVE SUMMARY

52,000 SF 1-story building on 2.07 acres for sale. Consists of 49,000 SF warehouse space and 3,000 SF office space that has been completely renovated. New updated fire suppression system.

PROPERTY FACTS

Price $3,804,322 CAD
Price Per SF $73.16 CAD
Sale Type Investment or Owner User
Cap Rate 16.05%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.07 AC
Rentable Building Area 52,000 SF
No. Stories 1
Year Built/Renovated 1967/2023
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning None

AMENITIES

  • Raised Floor
  • Storage Space

UTILITIES

  • Lighting - Mercury
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 52,000 SF
  • Industrial
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 52,000 SF Industrial Partial Build-Out Now

1st Floor

Size
52,000 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 52,000 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41207
Land Assessment
$146,086 CAD
Improvements Assessment
$2,533,104 CAD
Total Assessment
$2,679,190 CAD
  • Listing ID: 30958283

  • Date on Market: 2024-02-14

  • Last Updated:

  • Address: 1605 Cottonwood, Bay City, TX 77414

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