18635 Telge Rd Cypress, TX 77429
- Manufacturing properties
- 26,068 SF
- 6.12 lot acres
Current Use by Public Records
- Aqua Jet Manufacturing / Machine Shop
- Traw Machine Works / Machine Shop
Property Details for 18635 Telge Rd
- Year built
- 1968
- Construction
- METAL FRAME
- Lot size
- 6.12 lot acres
- Property size
- 26,068 SF
- Property type
- Manufacturing properties
- APN
- 451290000015
- APU
- 451290000015
Description
This exceptional 30,000-square-foot warehouse, situated on a 6.104-acre lot in Cypress, Texas, presents a compelling investment opportunity. Built in 1968 and extensively renovated in 2016, this single-tenant, NNN-leased property boasts a 100% occupancy rate. The warehouse features a two-story design with 7,500 square feet of downstairs office and lab space, and an additional 7,000 square feet of upstairs office space. Further enhancing storage capacity is decked storage above the second-floor office, a 1,000-square-foot portable office building, a 1,500-square-foot shed, and 1,200 square feet of covered storage. The property is securely fenced and gated. The warehouse itself is equipped with three 10-ton overhead cranes (27-foot hook height), offering significant operational advantages. Ceiling heights vary, with 35-foot eaves in the 10-ton crane bay and 29-foot eaves in the second bay. Six dock-high doors, oversized doors measuring 16 feet wide by 18 feet high, sidelights, and drive-through capability provide exceptional flexibility. The property benefits from 3-phase, 480-volt, 1200-amp power. Located outside city limits, yet conveniently close to Highway 249 and the Grand Parkway, this warehouse offers unparalleled accessibility and functionality. The property's address is 18635 Telge Road, Cypress, TX 77429, within Harris County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $685,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $860,000
- 6.5%
- $1,010,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $895,000
- Geo Method
- $1,030,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $925,000
- Retail
- $970,000
- Mixed-Use
- $1,045,000
- Hospitality
- $825,000
- Educational
- $1,075,000
- Residential Income
- $1,075,000
- Energy
- $830,000
- Income-Based Land
- $1,085,000
- Food Service
- $1,055,000
Location Insight
- Map
- Local Demand
- City
- Cypress
- County
- Harris
- State
- Texas
- Longitude
- -95.6611
- Latitude
- 30.0445
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
