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Property profile & analytics
OFF-MARKET
Warehouses

20905 Tx-16 Von Ormy, TX 78073

8,309 SF 9.51 ac lot Built 1983
Property ID
Property summary
AI-generated overview

This exceptional 9.51-acre property in Von Ormy, Texas, presents a unique investment opportunity. The site boasts a Class B, 8,309-square-foot office/warehouse building, perfectly suited for owner-occupiers or developers. Built in 1983, the two-story structure features 18-foot ceilings and is currently 100% occupied. The property includes a fenced lot, ample parking for approximately 30 vehicles, and significant outdoor storage space ideal for equipment or trucks. Approximately 5 acres of undeveloped land offer substantial expansion potential for additional warehouse space, multi-family development, or other uses permitted under the OCL zoning. The existing building has served as administrative offices and equipment storage for an oil/gas company, showcasing its versatility. Located on State Highway 16 South, this property benefits from excellent visibility and accessibility. The asking price is $1,995,000, translating to $240.10 per square foot. This offering is structured for a 1031 exchange. The property's APN is 04200-000-0083. The building is air-conditioned.

Property profile
Verified
Property type Warehouses
Year built 1983
Total area 8,309 SF
Lot 9.51 ac (414,256 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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