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Property profile

24862 Tx-494 Loop Porter, TX 77365

OFF-MARKET
Warehouses
5,400 SF 1.08 ac lot Built 1996
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Year built 1996
Total area 5,400 SF
Lot 1.08 ac (47,175 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24862 Tx-494 Loop Porter, TX 77365
Porter metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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