Property profile

27603 Commerce Oaks Dr Oak Ridge North, TX 77385

OFF-MARKET
Warehouses
Property ID
US83-2451054
30,160 SF 2.33 ac lot Built 2014
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 25,200-square-foot warehouse facility is situated on a 2.33-acre lot within the Oak Ridge Commerce Park in Oak Ridge North, Texas. Its prime location offers easy access to I-45N at Robinson Road (Woodlands Parkway), ensuring convenient transportation and logistics. Built in 2015, this single-story, single-tenant building boasts a 28-foot clear ceiling height, ideal for various industrial uses. The property includes four overhead doors, enhancing operational efficiency. The warehouse is crane-ready, with a 10-ton capacity, further increasing its versatility. A significant advantage is the inclusion of 3,300 square feet of dedicated office space, equipped with a robust electrical system (400 Amps, 480V, 3PH). This flex office space is conveniently located near two of the four drive-in bays. Ample parking is provided with 35 total spaces. The property is in excellent condition and located in Montgomery County, Texas, with the address being 27603 Commerce Oaks Dr, Oak Ridge North, TX 77385. Please note that some property expenses are not included in the lease rate. This property presents a unique opportunity for businesses seeking a well-maintained, strategically located warehouse with substantial office space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2014
Total area 30,160 SF
Lot 2.33 ac (101,451 SF)
APN 7642-00-00800
UPID US83-2451054

Cap rate & NOI

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

Location

27603 Commerce Oaks Dr Oak Ridge North, TX 77385-4405
Oak Ridge North metro Census 692003 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
$934k
Blend (final) Blend
$930k

Owner & transaction history

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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