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Investment Highlights

  • Investment offering with a 7.7% cap rate and industrial utility already in place.
  • Includes an upgraded 4,750 SF warehouse with a fully insulated office and climate control.
  • Approximately 170 feet of road frontage along FM 646, ensuring visibility and accessibility.
  • Features crane, high bay ceilings, LED lighting, and built-in air systems for heavy-duty use.

Executive Summary

Positioned along FM 646 with approximately 170 feet of frontage, this industrial asset in Santa Fe, TX, presents a strong investment opportunity with a 7.7% capitalization rate. The property spans roughly 2.5 acres and includes a 4,750-square-foot upgraded warehouse featuring a fully insulated office, restrooms, and modern functional amenities. The facility is equipped with a crane, high ceilings, LED lighting, and air drops throughout to support industrial and mechanical operations.
Additional enhancements include a dedicated storage room with an exhaust fan, security fencing around nearly one acre, and multiple oversized insulated overhead doors for efficient workflow. The warehouse boasts triple-layer exterior walls, a 10-ton commercial HVAC system, and an instant hot water heater, ensuring consistent climate control for various operational needs.
Located in Galveston County, the property benefits from convenient access to major routes, including I-45, supporting connectivity to Houston and surrounding industrial infrastructure. Its configuration and upgrades position it as an attractive acquisition for investors seeking stable returns and long-term functionality in a growing industrial corridor.

Property Facts

Price $668,887 CAD
Price Per SF $140.82 CAD
Sale Type Investment
Cap Rate 6.73%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.00 AC
Rentable Building Area 4,750 SF
No. Stories 1
Year Built 2013
Tenancy Single
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 2
Zoning COMMERCIAL - VERIFY WITH CITY OF SANTA FE

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Yard
  • Accent Lighting
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Water - Well
  • Sewer - Septic Field
  • Heating - Electric
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
1095-0000-0196-012
Land Assessment
$164,116 CAD
Improvements Assessment
$167,257 CAD
Total Assessment
$331,373 CAD
  • Listing ID: 38918607

  • Date on Market: 2025-12-29

  • Last Updated:

  • Address: 6717 FM 646 Rd S, Santa Fe, TX 77510

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