27703 Calvert RdTomball, TX 77377

  • Warehouses
  • 8,520 SF
For Sale
$1,850,000 View listing

Property Details for 27703 Calvert Rd

Year built
1993
Construction
METAL FRAME
Lot size
0.68 AC
Property size (Sq ft)
8,520 SF
Property type
Warehouses
APN
430410000036
APU
430410000036

Description

This exceptional 17,472-square-foot warehouse, situated on a 1.76-acre lot in Tomball, Texas, presents a compelling investment opportunity. The property boasts a 20-foot clear height ceiling, four drive-in doors, and a covered outdoor storage area, enhancing functionality and operational efficiency. An on-site retention pond effectively manages stormwater runoff. The building, constructed in 1993, is currently vacant, offering immediate occupancy for owner-users or a blank canvas for lease-up strategies. The property's strategic location provides convenient access to major thoroughfares, including Highways 249 and 99, within a rapidly growing submarket. The substantial lot size allows for potential expansion or outdoor storage, adding significant value. Additional features include a secondary access point via an easement, ensuring dual ingress and egress, and an on-site septic system with a leach field. The property is offered fee simple, providing complete ownership and control. With a price per square foot of $105.88, this warehouse represents a strong value proposition in the thriving Tomball industrial market. The property's Class C designation reflects its solid functionality and potential for upgrades. This is a rare opportunity to acquire a well-located, versatile industrial property with significant upside potential. The 20% building coverage ratio leaves ample room for future development or expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,680,836
    Hospitality
    $2,455,631
    Educational
    $2,043,056
    Medical
    $2,113,320
    Retail
    $3,178,088
27703 Calvert Rd, Tomball, Texas

Location Insight

City
Tomball
County
Harris
State
Texas
Latitude
30.078
Longitude
-95.644
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
$5,853
$162,531
$607,344
$769,875
-
$162,531
$607,344
$769,875

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