1824 Sawdust Rd Spring, TX 77380
- Commercial real estate
- 6,300 SF
- 1.80 lot acres
Current Use by Public Records
- Spectrum Review Services Inc / Medical Group
- Empower Behavioral Health / Mental Health Service / Mental Health Clinic
- frank berrier mediator / Legal Services
- lcg concrete / Construction Company
- Westfork Custom Homes / Home Builder
Property Details for 1824 Sawdust Rd
- Lot size
- 1.80 lot acres
- Property size
- 6,300 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two single-story, Class B office buildings totaling 6,300 square feet situated on a 1.8-acre lot in Spring, Texas. The property boasts a prime location on Sawdust Road, a signalized corner offering excellent visibility. Currently 100% occupied with a multi-tenant lease structure, the complex generates a substantial $14,000 monthly gross income ($144,959 annual NOI), representing a compelling 5.81% capitalization rate. Building 1 encompasses 3,300 square feet, while Building 2 offers 3,000 square feet. Lease terms include three years remaining on one lease and six months on another, with an option to extend. The property features desirable amenities such as remote-controlled gates, monitored security, professional signage, and convenient access to The Woodlands amenities, Hardy Toll Road, I-45, and the Grand Parkway. This is a turnkey investment with strong cash flow and significant upside potential. The asking price is $2,495,000. The property is located at 1824 Sawdust Rd, Spring, TX 77380, in Montgomery County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4715145
- Latitude
- 30.1269644
