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Property profile & analytics
FOR LEASE
Commercial real estate

1635 N Fm 156 Ponder, TX 76259

24,000 SF 18.63 ac lot Built 2016
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US83-1804039
Property summary
AI-generated overview

This exceptional industrial property, located at 1635 N FM 156 in Ponder, offers a prime opportunity for businesses seeking versatile warehouse or manufacturing space. Built in 2018, this light industrial complex (zoned "LI") boasts two immediately available spaces totaling 10,000 to 14,200 square feet, with an additional 5,000 square feet currently vacant. The building features impressive 20-foot clear ceiling heights and convenient grade-level loading, ensuring efficient operations. Its strategic location just off FM 156 provides easy access to major transportation arteries, including US 380 and Interstate 35W, facilitating seamless logistics and distribution. Beyond the existing spaces, build-to-suit options are available, ranging from 6,000 to 30,000 square feet, catering to a variety of business needs and expansion plans. The property also offers the added benefit of outside storage, further enhancing its functionality and appeal. The precise timing for build-to-suit projects will be determined based on individual tenant requirements. This is an exceptional opportunity to secure modern, well-located industrial space in a thriving area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2016
Total area 24,000 SF
Lot 18.63 ac (811,566 SF)
APN R677741
UPID US83-1804039
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
Current use
Occupant on record · Public records
  • HGA Performance Auto Parts Store
  • Live Systems Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.34M
Blend (final) Blend
$3.07M
Owner & transaction history
Tillar Ponder Partners LP · 4 yrs held
Tillar Ponder Partners LP
since 2022
2 recorded transactions
2022
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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