28215 Vallie St Pinehurst, TX 77362
- Flex space
- 24,300 SF
- 1.00 lot acres
Current Use by Public Records
- Ace FX Tech / Foreign Trade Consultant
- Business Center / Warehouse
- ROYH Roofing & Construction / Construction Company
- The Truck Trunk / Auto Parts Market / Truck Accessories Store
- DMZ Auto / Vehicle Wrapping Service
Property Details for 28215 Vallie St
- Year built
- 2023
- Lot size
- 1.00 lot acres
- Property size
- 24,300 SF
- Property type
- Flex space
- Property subtype
- Distribution centers
Description
This exceptional 24,300-square-foot industrial flex space, built in 2023, is situated on a one-acre lot at 28215 Vallie Street, Pinehurst, TX 77362. Currently 100% occupied, generating a net operating income (NOI) of $279,625 and boasting a 7.77% cap rate, this property presents a compelling investment opportunity. The asking price is $3,600,000, translating to $148.15 per square foot. The property features a flexible floor plan, easily adaptable to various business needs. Its prime location offers convenient access via Highway 249's feeder road, experiencing over 33,000 vehicles per day. The building boasts modern amenities and brand-new office space. This thriving area anticipates a population increase exceeding 10% within the next three years. Furthermore, the property benefits from a dense retail corridor, with nearby establishments including Target, Walgreens, Starbucks, Chick-fil-A, Sonic, Popeyes, Exxon, and McDonald's, providing significant visibility and customer convenience. Prominent signage opportunities further enhance the property's appeal. This single-tenant property is a turnkey investment in a rapidly growing Texas market.
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
- Pinehurst
- County
- Montgomery
- State
- Texas
- Longitude
- -95.648938
- Latitude
- 30.128298
