11130 Highway 75Willis, TX 77318

Property Details for 11130 Highway 75

Year built

2019

Lot size

0.30 AC

Zone code

4

Property type

Office buildings

APN

0248-00-03305

APU

2480003305

Description

This exceptional 3,460-square-foot flex warehouse, built in 2019, presents a fantastic opportunity in the thriving Willis, Texas market. Located in Montgomery County at 11130 N Highway 75, zip code 77318, this single-tenant property boasts a prime location near I-45, offering high visibility and convenient access. The building features a 12-foot ceiling height, enhancing storage and operational efficiency. Loading and unloading are facilitated by two drive-in doors, supplementing the lack of loading docks. The property includes 12 total parking spaces for ample employee and customer parking. The interior comprises a spacious warehouse area and approximately 600 square feet of office space. The office area is well-appointed with a 14x14 front office, a technology room, a kitchenette/coffee bar, a restroom, and a large 22x14 back office, offering flexibility for various configurations. The property sits on 0.3 acres of land and is classified as Class C. Electrical service is robust, featuring 240/3-phase power at 200 amps. The base rent is $1.10 per square foot per month, with additional net operating expenses (NNN) of $0.21 per square foot per month. This property is ideal for businesses seeking a versatile and strategically located space in a high-growth area. The property's features, combined with its excellent location, make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,592,362

  6.5%

  $3,316,027

  7%

  $3,079,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,468,280

  Geo Method

  $3,912,428

• Alternative Use

  Use

  Valuation

  Residential

  $4,111,873

  Hospitality

  $3,766,454

  Educational

  $3,133,646

  Medical

  $3,241,416

  Retail

  $4,874,560

Location Insight

City

Willis

County

Montgomery

State

Texas

Latitude

30.4005

Longitude

-95.4725

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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