16800 Feather Craft Ln Houston, TX 77058-2608

Property Details for 16800 Feather Craft Ln

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.83 lot acres

Property size

40,705 SF

Property type

Automotive properties

APN

985980000007

APU

985980000007

Description

This exceptional 41,905-square-foot industrial property, situated on a 2.83-acre lot (123,179 sq ft) in Houston, Texas (77058), presents a unique investment opportunity. The property, located at 16800 Feather Craft Ln, features two buildings, each two stories high, constructed in 1975. Currently vacant, the property is available for sale at $5,000,000 with a lease commencement date of January 1, 2025. The property boasts a large service warehouse and parts area, complemented by numerous offices, making it ideal for a variety of uses. Its previous use as a long-standing auto dealership highlights its suitability for similar businesses or redevelopment projects. Potential uses include a used car dealership, large equipment rental facility, entertainment venue, or even multi-family housing. The property's prime location outside the flood zone, near Highways 3 and 45 in the bustling Clear Lake area, adds significant value. The sale is offered under a NNN lease type, with a corporate guarantee for tenant credit. The property is classified as Class D, with a mixed-use designation encompassing industrial, retail, and special purpose categories. The property is offered as an owner/user investment and includes two units. Occupancy is available December 10, 2024.

Location Insight

City

Houston

County

Harris

State

Texas

Longitude

-95.123

Latitude

29.5508

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments