19754 Fm 39Iola, TX 77861

  • Commercial real estate
  • 11,639 SF
For Sale
$889,000 View listing

Property Details for 19754 Fm 39

Year built
1987
Lot size
10.46 AC
Property size (Sq ft)
11,639 SF
Property type
Commercial real estate
APN
R19145
APU
R19145

Description

This exceptional Grimes County commercial property presents a unique investment opportunity. Encompassing over 8.5 acres, the property features a 7,440 square foot industrial shop/warehouse building. The building boasts a well-designed layout, including approximately 840 square feet of office space and roughly 6,600 square feet of warehouse space. The warehouse features a generous 16-foot ceiling height, providing ample vertical clearance, and offers convenient access via eight overhead dock-high doors. Previously utilized as a concrete plant, the property's design prioritizes efficient truck traffic flow. This is evident in the three concrete driveways, including a substantial 40' x 935' U-shaped through-traffic area. A third driveway accesses the east side of the shop, leading to approximately 34,000 square feet of concrete staging areas and an additional 6,200 square feet of parking. The property also includes three dedicated bulkhead areas for material staging, a fuel isle, a compressor awning, a yard office, and yard lighting. All utilities, including three-phase power, are readily available. Strategically located approximately 3 miles from Iola and within a 30-minute drive of College Station and Madisonville, this property offers excellent accessibility and proximity to key transportation routes. The asking price is $889,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,662,236
    Hospitality
    $3,354,588
    Educational
    $2,790,978
    Medical
    $2,886,964
    Retail
    $4,341,521

Location Insight

City
Iola
County
Grimes
State
Texas
Latitude
30.733
Longitude
-96.0424

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
$13,660
$216,230
$928,390
$1,144,620
-
$216,230
$928,390
$1,144,620

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