Current Use by Public Records
- Warehouses
Property Details for 20905 Tx-16
- Year built
- 1983
- Lot size
- 9.51 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Von Ormy
- County
- Bexar
- State
- Texas
- Longitude
- -98.5849
- Latitude
- 29.211
