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Property profile & analytics
FOR SALE
Auto shops

23210 Fm 1485 Rd New Caney, TX 77357

11,400 SF 1.45 ac lot Built 1976
Individually Owned 5-yr Hold Free & Clear
Property ID
US83-2331384
Property summary
AI-generated overview

This exceptional 11,400-square-foot industrial property in New Caney, Texas, presents a compelling investment opportunity. Situated on a spacious 1.45-acre lot, this single-tenant warehouse boasts a strategic location at a high-traffic, signalized intersection in Montgomery County, ensuring excellent visibility and accessibility. The property comprises three buildings totaling 11,400 square feet, with 10,400 square feet dedicated to warehouse space and 1,000 square feet of well-appointed office space. Office amenities include restrooms, private offices, and additional storage. Nine overhead doors facilitate efficient loading and unloading: five measure 12 feet wide by 14 feet high, two are 12 feet wide by 12 feet high, and two are 14 feet wide by 14 feet high. The property features heavy power and a fully fenced lot, enhancing security and operational efficiency. Further enhancing its versatility, the property includes a paint booth and a car lift, ideal for various automotive or industrial applications. The asking price is $1,975,000, and the lease type is NNN. This property is perfect for a business seeking a well-equipped, strategically located warehouse in a thriving Texas market. The zip code is 77357, and the address is 23210 FM 1485.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1976
Total area 11,400 SF
Lot 1.45 ac (63,162 SF)
Zoning code 5
APN 0652-00-01000
UPID US83-2331384
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$625k
Blend (final) Blend
$550k
Owner & transaction history
Joyce J Tullos · 5 yrs held
Joyce J Tullos
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
5 · New Caney, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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