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    Hitchcock, TX 77563

    Sponsored
    For Sale
    $1,069,943

    Shovel-ready warehouse; excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 171,191 square foot warehouse, situated on a 3.93-acre lot in Hitchcock, Texas (77563), presents a compelling investment opportunity. Priced at $1,069,943 ($6.25/sq ft), the property boasts significant advantages. Located on the east side of FM 2004, north of Hwy 6, it offers convenient access and high visibility. The site is fully prepared for immediate development, being shovel-ready with 100% offsite detention and impact fees already paid. A curb cut and driveway are already installed, and city utilities are readily available. Importantly, the land has been filled two feet and is outside the floodplain, mitigating risk. The property benefits from frontage on FM 2004 and is situated within an opportunity zone, offering potential tax advantages. Preliminary city approval has been obtained for light industrial or self-storage use, expanding development possibilities. The property is approximately 12 miles from Interstate 45, providing easy access to major transportation routes. This exceptional warehouse site is ideal for businesses seeking a strategic location and a streamlined development process.

    Property Features for 0

    General Information

    Property type
    Distribution properties
    Lot Size
    171,191 SF

    HighLights

    • Shovel‑ready site.
    • 100% offsite detention; impact fees paid.
    • Curb cut and driveway installed.
    • City utilities available.
    • Filled 2 feet, outside floodplain.
    • FM 2004 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Hitchcock
    County
    Galveston
    State
    Texas
    Longitude
    -95.02812575
    Latitude
    29.36673279

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    FAQs

    What type of property is this?
    Distribution property - Shovel-ready warehouse; excellent access.
    Where is this distribution property located?
    The property is located at Hitchcock, TX.
    What is the asking price?
    The asking price for this property is $1,069,943.
    What are key features of this property?
    This property features: Shovel-ready site.; 100% offsite detention; impact fees paid.; Curb cut and driveway installed.
    Request Owner's contact information
    Hitchcock, TX 77563
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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
    Hitchcock, TX 77563
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