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    2745 I-45 New Waverly, TX 77358

    For Sale
    $1,499,000

    Two Warehouses, High Visibility, I-45 Frontage

    Property size:
    16,329 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional industrial property in New Waverly, Texas, offers two warehouses totaling 16,329 square feet on a 2.12-acre unrestricted lot. The main warehouse boasts 11,764 square feet, including 1,410 square feet of office space, while the second warehouse provides an additional 4,565 square feet. The property features five drive-in bays and robust 3-phase power with a capacity of up to 800 amps. Built in 2004 and renovated in 2019, this single-story complex benefits from a gated entrance, fenced yard, and a prime location outside the flood plain. Enjoy exceptional visibility with 300 feet of frontage on Interstate 45, providing easy access to Huntsville, Willis, and Conroe. The asking price is $1,499,000 ($91.80/sq ft, $749,500/unit). The property includes a 13-foot ceiling height. Please note that any mobile homes on the premises are excluded from the sale. The APN is 62368. This is a high-demand location offering significant potential for various industrial uses.

    Property Features for 2745 I-45

    General Information

    Property type
    Distribution properties
    Square Feet
    16,329 SF
    Lot Size
    92,347 SF

    Building Details

    Year Built/Renovated
    2004/2019
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • 300 feet of I‑45 frontage.
    • High and dry location, outside flood plain.
    • High visibility from I‑45.
    • Convenient location near Huntsville, Willis, and Conroe.
    • 3‑phase power, up to 800 amps.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    New Waverly
    County
    Walker
    State
    Texas
    Longitude
    -95.499460402675
    Latitude
    30.557042200135

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    FAQs

    What type of property is this?
    Distribution property - Two Warehouses, High Visibility, I-45 Frontage
    Where is this distribution property located?
    The property is located at 2745 I-45 New Waverly, TX.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: 300 feet of I-45 frontage.; High and dry location, outside flood plain.; High visibility from I-45.
    Request Owner's contact information
    2745 I-45 New Waverly, TX 77358
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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
    2745 I-45 New Waverly, TX 77358
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