2827 Barker Cypress RdHouston, TX 77084

  • Warehouses
  • 13,806 SF
For Sale
$4,715,975 View listing

Property Details for 2827 Barker Cypress Rd

Year built
2008
Construction
METAL FRAME
Lot size
3.00 AC
Property size (Sq ft)
13,806 SF
Property type
Warehouses
APN
1318500010001
APU
1318500010001

Description

This exceptional Class A industrial property, located at 2827 Barker Cypress Rd in Houston, Harris County, Texas, 77084, presents a compelling investment opportunity. The property consists of three buildings totaling 30,400 square feet on a 3-acre lot. The asking price is $4,715,975, with a strong Net Operating Income (NOI) of $371,520. The property features a 10-year NNN lease, expiring January 31, 2028, with a tenant termination option requiring 18 months' notice. Building 1 offers approximately 9,200 square feet of climate-controlled, two-story office space. Building 2 comprises approximately 9,600 square feet of clear-span warehouse space and 1,000 square feet of fully insulated office space, boasting 18-foot eave height, warehouse lighting, and two grade-level doors. Building 3 includes approximately 11,600 square feet of clear-span warehouse space and 3,000 square feet of office space, featuring a 25' x 120' storage mezzanine, 18-foot eave height, warehouse lighting, and six grade-level doors. The property was built in 1983 and includes a total of eight dock-high doors across the three buildings. This well-maintained property offers significant potential for long-term income and appreciation. The property is situated in a prime Houston location, offering easy access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,236,390
    Hospitality
    $2,964,516
    Educational
    $2,466,443
    Medical
    $2,551,268
    Retail
    $3,836,689

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.8088
Longitude
-95.6883
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$48,978
$952,140
$1,874,303
$2,826,443
-
$952,140
$1,874,303
$2,826,443

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