1720 Fm 1960 RdHouston, TX 77073

  • Warehouses
  • 15,640 SF
For Sale
$7,100,000 View listing

Property Details for 1720 Fm 1960 Rd

Year built
2008
Construction
METAL FRAME
Lot size
3.61 AC
Property size (Sq ft)
15,640 SF
Property type
Warehouses
APN
1312500010001
APU
1312500010001

Description

This exceptional industrial property in Houston, Texas, presents a compelling investment opportunity. Located at 1720 FM 1960, this 7-acre complex comprises four warehouse buildings totaling 70,000 square feet, offering a diverse range of spaces. Building 1, constructed between 1995 and 2005, boasts 23,200 square feet of warehouse space, 3,800 square feet of office space, 12-20 foot clear height, two dock-high doors, and one semi-dock door. Building 2 (2000 construction) features 14,400 square feet of warehouse space, 500 square feet of office space, and 16-foot clear height with two dock-high doors. Buildings 3 (2007) and 4 (2009) each offer 15,000 square feet of shell space, with clear heights of 22 and 24 feet respectively. Building 4 is also crane-ready. All buildings are insulated, equipped with pit levelers, and benefit from 480V, 3-phase electrical service. The property is fully fenced and gated, providing excellent security. Its strategic location at the intersection of Hardy Toll Road and FM 1960 offers exceptional visibility and convenient access to major thoroughfares including I-45, Grand Parkway, and Beltway 8, with access points from both FM 1960 and Meyer Road. The property offers ample space for expansion, accommodating additional buildings or outside storage. The asking price is $7,100,000. This property is ideal for owner-occupiers or investors seeking a high-value industrial asset in a prime Houston location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,921,158
    Hospitality
    $4,507,754
    Educational
    $3,750,399
    Medical
    $3,879,381
    Retail
    $5,833,954

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
30.0259
Longitude
-95.4002
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
$14,172
$754,840
$935,993
$1,690,833
-
$754,840
$935,993
$1,690,833

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