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2627 Ackerman Rd Kirby, TX

Auto shops Google Maps
4,000 SF 0.4 ac lot Built 2001
Individually Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$330k
Range $297k – $363k (±10%)
Property ID US82-4756837

Property summary

AI-generated overview

This exceptional 17,480-square-foot industrial property in Kirby, Texas, presents a remarkable opportunity for expansion. The warehouse, currently used as an upholstery business, boasts 4,000 square feet of versatile space, complemented by ample office areas. Situated on a sizable .41-acre lot, the property offers extensive parking. Inside, discover abundant storage, three large overhead garage doors (easily accommodating boats, trucks, or RVs), and a recently installed car lift (installed two years ago). The warehouse also features two restrooms and a full kitchen, adding to its functionality. A bonus room above the office could serve as a bedroom or additional office space. Energy efficiency is enhanced by 40 roof-mounted solar panels, significantly reducing electricity costs. The asking price encompasses the land, buildings, and fixtures, including the car lift and solar panels. While the existing upholstery business is not included in the sale price, the owner is open to negotiating a combined sale of the property and business. This property's adaptability makes it ideal for various businesses, including automotive, mechanical, fabrication, retail, or fitness ventures. The property's size and features make it a truly unique investment opportunity.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Total area 4,000 SF
Lot 0.4 ac (17,468 SF)
APN 05094-011-0091
UPID US82-4756837

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2023
2 recorded transactions
2024
Price N/A
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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