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Property profile & analytics
OFF-MARKET Estimated value $1,275,000
Industrial properties

390 Reynolds St La Grange, TX 78945-2940

25,764 SF 0.99 ac lot Built 1993
Entity Owned Free & Clear
Property ID
US82-6030505
Property summary
AI-generated overview

This exceptional 25,764-square-foot industrial property in La Grange, Texas, presents a compelling investment opportunity. Located at 390 S Reynolds St, this Class B building boasts a single story and sits on a substantial 1,986-acre lot. Built in 1993 and renovated in 2015, the property features one unit with a total of 25,764 square feet of net rentable space, priced at $97.03 per square foot. The building's functionality is enhanced by one dock-high loading dock and one dock-high door, along with four exterior roll-up doors ranging from 8 to 15 feet in height. Ideal for distribution, manufacturing, or warehouse operations, the property includes four private offices, each with its own bathroom, plus multiple additional offices and employee restrooms throughout the facility. The building is fully climate-controlled and insulated. Its strategic location between Houston, Austin, San Antonio, and Bryan College Station offers easy highway access. The property is zoned for industrial use and benefits from three-phase power. This well-maintained facility is ready for immediate occupancy and presents a rare opportunity in the thriving Texas market. The asking price is $2,500,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1993
Total area 25,764 SF
Lot 0.99 ac (42,950 SF)
APN 37448
UPID US82-6030505
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.28M
Owner & transaction history
MIKUL REALTY LLC
MIKUL REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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