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    24862 Tx-494 Loop Porter, TX 77365

    Sponsored
    For Sale
    $1,200,000

    High-Visibility Warehouse, Auto Repair Business Included

    Property size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,400 square foot industrial warehouse, located at 24862 TX-494 Loop in Porter, Texas (77365), presents a unique owner-user opportunity. Built in 1996, this single-story building sits on a 1.083-acre lot and is priced at $1,200,000 ($222.22/sq ft). The property includes a fully functional auto repair business with most shop equipment included, offering immediate income potential. A significant advantage is the inclusion of a 900 square foot office space currently leased to a tenant, providing additional revenue streams. The property boasts high visibility due to its prime location on Loop 499, ensuring strong exposure to potential customers. The property's APN is R169660. This is a single-tenancy investment opportunity ideal for an owner-operator seeking to establish or expand their business in a thriving location. The property offers a blend of operational space and income-generating potential, making it an attractive investment for long-term growth. The land value is not factored into the price per square foot. This is a turnkey operation with established clientele and a strong foundation for future success.

    Property Features for 24862 Tx-494 Loop

    General Information

    Property type
    Automotive properties
    Square Feet
    5,400 SF
    Lot Size
    47,175 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1

    HighLights

    • 5,400 SF industrial warehouse on 1.08‑acre lot in Porter, TX.
    • Priced at $1,200,000 ($222.22/SF).
    • Includes a fully operational auto repair business with equipment included.
    • Features a 900 SF leased office space generating additional income.
    • High visibility location on TX‑494 Loop.
    • APN: R169660.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Porter
    County
    Montgomery
    State
    Texas
    Longitude
    -95.2356516
    Latitude
    30.0869763

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    FAQs

    What type of property is this?
    Automotive property - High-Visibility Warehouse, Auto Repair Business Included
    Where is this automotive property located?
    The property is located at 24862 Tx-494 Loop Porter, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 5,400 SF industrial warehouse on 1.08-acre lot in Porter, TX.; Priced at $1,200,000 ($222.22/SF).; Includes a fully operational auto repair business with equipment included.
    Request Owner's contact information
    24862 Tx-494 Loop Porter, TX 77365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24862 Tx-494 Loop Porter, TX 77365
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