77 17.8 Ac. Expy Loyola Beach, TX 78379
This exceptional 17.8-acre industrial property boasts prime location and accessibility. Situated on Expressway 77 in Riviera, Texas, this offering includes a 7,500-square-foot warehouse featuring concrete floors and roll-up doors. The property benefits from approximately 1,200 feet of frontage along US Expressway 77, providing excellent visibility and convenient access. In addition to the warehouse, there's roughly two acres of paved gravel parking. Railroad frontage adds further logistical advantages. The property is located outside Riviera city limits in Kleberg County, Texas, zip code 78379. Built in 1986, this versatile property is ideal for businesses requiring ample space, high visibility, and convenient transportation options. Owner financing is available with a 25% down payment, 8% interest, and a 10-year term. A lease option is also available at $2,500 per month with a minimum two-year lease commitment. This presents a unique opportunity for businesses seeking a strategic location with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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