27703 Calvert Rd Tomball, TX 77377-6120
- Warehouses
- 8,520 SF
- 0.68 lot acres
Current Use by Public Records
- Warehouses
Property Details for 27703 Calvert Rd
- Year built
- 1993
- Construction
- METAL FRAME
- Lot size
- 0.68 lot acres
- Property size
- 8,520 SF
- Property type
- Warehouses
- APN
- 430410000036
- APU
- 430410000036
Description
This exceptional 17,472-square-foot warehouse, situated on a 1.76-acre lot in Tomball, Texas, presents a compelling investment opportunity. The property boasts a 20-foot clear height ceiling, four drive-in doors, and a covered outdoor storage area, enhancing functionality and operational efficiency. An on-site retention pond effectively manages stormwater runoff. The building, constructed in 1993, is currently vacant, offering immediate occupancy for owner-users or a blank canvas for lease-up strategies. The property's strategic location provides convenient access to major thoroughfares, including Highways 249 and 99, within a rapidly growing submarket. The substantial lot size allows for potential expansion or outdoor storage, adding significant value. Additional features include a secondary access point via an easement, ensuring dual ingress and egress, and an on-site septic system with a leach field. The property is offered fee simple, providing complete ownership and control. With a price per square foot of $105.88, this warehouse represents a strong value proposition in the thriving Tomball industrial market. The property's Class C designation reflects its solid functionality and potential for upgrades. This is a rare opportunity to acquire a well-located, versatile industrial property with significant upside potential. The 20% building coverage ratio leaves ample room for future development or expansion.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $355,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $322,000
Market price range: $298k - $770k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $510,000 Current use
- AUTO REPAIR, GARAGE
- $540,000 Change: +5% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $460,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Tomball
- County
- Harris
- State
- Texas
- Longitude
- -95.644
- Latitude
- 30.078
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA