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Property profile & analytics
OFF-MARKET Estimated value $710,000
Commercial real estate

7999 Fm 359th Rd Pattison, TX 77423-9787

12,500 SF 5 ac lot Built 2011
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US82-5660342
Property summary
AI-generated overview

This exceptional 12,500-square-foot industrial property, located at 7999 FM 359 in Pattison, Texas, presents a compelling owner-user opportunity. Situated on a five-acre lot in Waller County (zip code 77423), this flex warehouse boasts a versatile layout ideal for various industrial uses. The building features 1,250 square feet of dedicated office space, providing ample room for administrative functions. Heavy-duty equipment is already in place, including a five-ton bridge crane and a three-ton jib crane, significantly enhancing operational efficiency. The property also includes an air compressor and three-phase heavy power, catering to demanding industrial needs. A fenced-in gravel yard offers secure outdoor storage, while a well and septic system ensure self-sufficiency. The metal construction ensures durability and low maintenance. The asking price is $1,800,000, and the property benefits from low tax rates, making it a highly attractive investment. This turnkey operation is ready for immediate occupancy and offers significant potential for growth and profitability. The property's location in Pattison, Texas provides easy access to major transportation routes.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2011
Total area 12,500 SF
Lot 5 ac (217,800 SF)
APN 334500-001-003-100
UPID US82-5660342
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
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$928k
Blend (final) Blend
$710k
Owner & transaction history
Midstates Metal Supply LLC · 3 yrs held
Midstates Metal Supply LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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