18714 Tomato StSpring, TX 77379

  • Warehouses
  • 4,227 SF
For Lease
$7/SF/YR View listing

Property Details for 18714 Tomato St

Year built
1993
Construction
METAL FRAME
Lot size
0.72 AC
Property size (Sq ft)
4,227 SF
Property type
Warehouses
APN
901970000025
APU
901970000025

Description

This exceptional industrial property, located at 18714 Tomato Street in Spring, Texas (77379), offers a total of 11,970 square feet of warehouse and distribution space currently available for lease. Situated on a 0.72-acre lot within the Spring/Klein submarket of Harris County, this property boasts multiple tenancy options, with spaces ranging from a minimum of 1,770 square feet to a maximum contiguous space of 7,976 square feet. The entire 11,970 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple occupants. Built in 1999, the building features ceiling heights ranging from 10 to 16 feet, providing ample vertical space for storage and operations. The property's convenient location within the Spring/Klein submarket offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient logistics and distribution capabilities. This is a rare opportunity to secure high-quality warehouse space in a thriving Texas market. Contact us today to learn more about leasing options and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,666,710
    6.5%
    $2,461,580
    7%
    $2,285,750
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,277,430
    Geo Method
    $2,024,830
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,248,920
    Mixed-Use / Specialty
    $1,233,930
    Hospitality / Lodging
    $891,576
    Office
    $1,215,620
    Institutional / Educational
    $1,279,020
    Residential Income
    $1,496,460
    Multifamily
    $1,853,180
    Automotive / Energy
    $1,096,300
    Parking / Income-Based Land
    $388,730
    Restaurant / Food Service
    $619,290
    Healthcare / Senior Housing
    $1,276,170

Location Insight

City
Spring
County
Harris
State
Texas
Latitude
30.0432
Longitude
-95.4929
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
$10,982
$46,784
$493,098
$539,882
-
$46,784
$493,098
$539,882

FAQs

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