3587 Fm 2668Bay City, TX 77414

  • Commercial real estate
  • 1,600 SF
For Lease
$12/SF/YR View listing

Property Details for 3587 Fm 2668

Year built
1978
Lot size
0.74 AC
Property size (Sq ft)
1,600 SF
Property type
Commercial real estate
APN
17326
APU
17326

Description

This exceptional 2,380-square-foot property, situated on a 0.735-acre lot, presents a unique investment opportunity. The building, renovated in 2018, seamlessly blends retail, office, and warehouse space. Approximately 1,600 square feet are dedicated to office/retail, featuring a modern layout ideal for various businesses. An additional 780 square feet of warehouse space includes an 8'x10' overhead door, perfect for storage or light manufacturing. The 2018 renovation encompassed a rear addition, a new roof, and a complete bathroom remodel. Ample parking is available for customers in the front, while the rear provides space for owner storage. Five portable Connex units are included, one equipped with electricity. The property utilizes a shared well (with a $50 monthly fee) and a new septic system. Its zoning is currently unlisted. This single-tenant property is available for sale or lease and is located in a high-traffic industrial area, making it an attractive option for businesses seeking a versatile and well-maintained space. The property's combination of office, retail, and warehouse space, along with its ample parking and convenient location, makes it a highly desirable asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $450,984
    Hospitality
    $413,099
    Educational
    $343,694
    Medical
    $355,514
    Retail
    $534,635

Location Insight

City
Bay City
County
Matagorda
State
Texas
Latitude
28.9673
Longitude
-95.9522
CBSA code
13060
CBSA name
BAY CITY, TX MICROPOLITAN 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
2022
-
$43,540
$108,310
$151,850
-
$43,540
$108,310
$151,850

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