409 Rayford RdSpring, TX 77386

Property Details for 409 Rayford Rd

Year built

1999

Lot size

1.00 AC

Property size (Sq ft)

5,030 SF

Property type

Mixed-use properties

Property subtype

Multifamily properties

Description

This exceptional mixed-use property, located at 409 Rayford Road in Spring, Texas, presents a compelling investment opportunity. The property encompasses a 5,030 square foot metal building constructed in 1999, featuring insulated walls and HVAC service. This building is currently 100% occupied. In addition, the property includes a 2,400 square foot triplex built in 1997, contributing to the overall income stream. The property sits on one acre of land and benefits from Southern Montgomery County MUD water and sewer services. Its strategic location offers excellent accessibility, situated just 0.3 miles from Interstate Highway 45, a major thoroughfare boasting impressive daily traffic counts of 227,414 vehicles. Rayford Road itself sees a daily traffic volume of 50,100 vehicles, ensuring high visibility and potential for future growth. The property is classified as Class C, with a permitted zoning of 6, and features two buildings. The asking price is $1,200,000, translating to a price per square foot of $238.57. The property's APN is R262855. This is a multi-tenant property with a total of one unit. This turnkey investment offers a blend of commercial and residential income streams in a high-traffic area.

Location Insight

City

Spring

County

Montgomery

State

Texas

Latitude

30.1273

Longitude

-95.4371

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