5623 Fm 2100 RdCrosby, TX 77532
- Mixed-use properties
- 5,360 SF
Property Details for 5623 Fm 2100 Rd
- Year built
- 1926
- Property size (Sq ft)
- 5,360 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Crosby, Texas, presents a compelling investment opportunity. Located at 5623 FM 2100, this 5,360 square foot building, constructed in 1926 and renovated in 2010, boasts seven units and is currently 100% occupied, generating a strong net operating income (NOI) of $49,236. The property offers a 7.29% cap rate and is priced at $675,000 ($125.93/sq ft). The building sits on a 2,100 square foot lot and includes 27 parking spaces on adjacent land. The property features a blend of commercial lease spaces and a residential apartment, providing diverse income streams. All units are currently leased under a net lease agreement with no credit rating provided for the tenants. The building's three stories offer ample space, and its 2010 renovation ensures modern amenities, including updated electrical systems, plumbing, and HVAC. This property offers a unique combination of historic charm and modern functionality, making it an attractive investment in a thriving Texas community. The occupancy date is September 5th, 2023.
Location Insight
- City
- Crosby
- County
- Harris
- State
- Texas
- Latitude
- 29.9096
- Longitude
- -95.0683
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].