Hitchcock, TX 77563
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.