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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20158463
20158472

1340 State Hwy 3, League City, TX 77573

$2,750,000
633 days on market
Updated 81 days ago

OWNER FINANCING AVAILABLE!! Building/Cold Warehouse & Land

Details
Property Type Industrial, Mixed Use (+2)
Sub Type Distribution, Refrigerated/Cold Storage (+1)
Square Footage 9,900
Cap Rate 0.91%
NOI $25,000
Tenancy Multi
Broker Co-Op Yes
Year Built 1997
Year Renovated 2021
Buildings 1
Stories 2
Lot Size (SqFt) 120,000
Investment Type Owner/User
Ceiling Height 20
Loading Docks 2
Dock High Doors 2

Warehouse/Cold Storage/Multi-Use/Office/Distribution/Catering, Etc.

Marketing description

OWNER FINANCE AVAILABLE!!

EXCELLENT LOCATION - Ready now - what a find approx total 125,500 sqft approximately on 2.88 acres - with set of plans for an additional 15K sqft Warehouse tied into this one! 2023 extensively built-out facility that could easily be anything! Great for warehouse, distribution, catering, commissary, construction, industrial building use or can be meat processing/butcher market, vegetable/fruit fresh food wholesale or distribution or specialty company or restaurant with plenty of room for front end cafe, restaurant with large warehouse/freeze/cool space optional. Front end with executive office spaces - full office/kitchen/breakroom/private offices/conference room/etc. Separate showroom and fully renovated 2023 with approx. 240 sqft cooler, approx. 480 sqft FDA approved processing facility, approx. 600 retail space and more optional freeze/warehouse space available, top of the line fixtures/build out, FDA approved facility, or storefront with trendy design, private areas - dividable, extensive parking, ADA compliant, 2 docks for shipping/receiving, commercial coolers/freezer area, fenced secure yard area for equipment storage, high ceilings throughout. Easy location with quick access from Galveston to Houston and Austin to Dallas!

Fully Built-Out with upstairs quarters / entertaining or meeting livable space for corporate events.

Full set of pans for expansion of LARGER warehouse tied into this one, higher ceilings, large open steel frame building.

  • 2 Loading Docks

  • Central Air and Heating

  • Kitchen

  • Private Restrooms

  • Freezer Space

  • Wi-Fi Connectivity

  • High Ceilings

  • Secure Storage

  • Recessed Lighting

  • Plug & Play

  • Centrally located from Galveston to Houston

  • Extensively outfitted 2023 with Trendy features

  • Custom showroom/storefront/cafe or client area

  • Lots of parking, open yard area for storage area

  • FDA approved facility setup, ready to do business!

  • All Utilities Included - Plug and Play ready to go

- measurements are approximate.

Investment highlights

ABOUT THE PROPERTY - measurements are approximate.

GREAT setup, Excellent Location! Complete Renovation / Rebuild 2023! 12K Sqft and FULL PLANS for additional 15K warehouse/building tied into this. 2.88 ACRES on Hwy 96/Hwy 3. So many uses on this one - huge cold storage facility with income producing business intact (negotiable to convey) approximately 20-30K monthly when at capacity, fully operational with long term clients. Building has private office spaces separately and leasable private storefront space previous specialty meat processing/sales facility, loaded with extras and trendy storefront/showroom, great use for food service/distribution/production hub or center, meat / seafood processing or storage facility etc. Outfitted with 600 sqft retail, approximately 2 billboard signs permitted, full glass frontage with hurricane rollups, tile floors, two 6 ft. refrigerated meat/deli/seafood/fresh fruit/veg retail cases, built-in full counter equipped with electrical, accent lighting, trendy commercial showroom! Fully finished out office / administrative area includes 3 office spaces, conference room, kitchen/breakroom, reception lobby area and entrance, glass dividers (very nice setup). Also, retail space with glass front includes 480 sqft USDA compliant processing/freezer/cold space built new in 2023, new Larkin refrigeration med.temp, ceiling mounted maintains 40 degrees, commercial tile flooring, wall and ceiling are refrigerated panels, easy to clean, fully equipped 110 and 240 3 phase hookups, equipped with 3 compartment sink, mop sink washing station, processing area with grease trap and floor drains. 240 sqft cooler with brand new refrigeration maintains low 30 degrees, sliding door and easy store pallets area. Property is 18 wheeler accessible, full size storage yard with fencing/secured, fully functional loading and off loading dock with freezer area - perfect for your production or distribution needs!

  • 24 Hour Access

  • Fenced Lot

  • Signage

  • Accent Lighting

  • Recessed Lighting

  • Air Conditioning

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$25,000.00
$2,083.33/mo

Valuation Metrics

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DSCR
0.91%
Cap Rate
0.91%
ROI

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