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603 Highway 418 W 57,439 SF Health Care Building Offered at $482,741 CAD at a 10% Cap Rate in Silsbee, TX 77656

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Executive Summary

Are you looking for a high-impact commercial asset with the square footage to bring a grand vision to life? Look no further than 603 Highway 418 W in Silsbee, Texas. Spanning over 50,000 square feet across four versatile structures on a sprawling 7.5-acre campus, this former hospital property is a blank canvas ready for its next chapter. Whether you are looking to expand an enterprise, launch a regional facility, or secure a massive footprint at a fraction of new-construction costs, this property offers incredible structural bones and limitless flexibility.
Ideal for a Machine shop, laydown yard and industrial outdoor storage.
Low holding cost.
City is eager for development.

603 Hwy 418 W, Silsbee, TX 77656 For Sale _ Crexi.com

Property Facts

Price	$482,741 CAD	Building Class	C
Price Per Bed	$482,741 CAD	Lot Size	7.53 AC
Sale Type	Investment or Owner User	Building Size	57,439 SF
Cap Rate	10%	No. Beds	1
Sale Conditions	1031 Exchange Ground Lease (Leased Fee) Build to Suit Lease Option Redevelopment Project Building in Shell Condition	No. Stories	1
Property Type	Health Care	Year Built	1968
Property Subtype	Hospital	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	F1 - F1

Price	$482,741 CAD
Price Per Bed	$482,741 CAD
Sale Type	Investment or Owner User
Cap Rate	10%
Sale Conditions	1031 Exchange Ground Lease (Leased Fee) Build to Suit Lease Option Redevelopment Project Building in Shell Condition
Property Type	Health Care
Property Subtype	Hospital
Building Class	C
Lot Size	7.53 AC
Building Size	57,439 SF
No. Beds	1
No. Stories	1
Year Built	1968
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	F1 - F1