5505 US Highway 90

Industrial for Sale
Catylist Listing ID: 30212501
Building Size (RSF): 2,700 SF
Gross Land Area: 0.41 Acres
Sale Price: $1,150,000
Unit Price: $425.93 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: 10.0%
Last Updated: 3/7/2018

Overview / Comments

• Gas station/C-store to be sold as either leased to a jobber or buyer can re-open station• Great opportunity to reopen gas station/C-store in busy West Houston suburb• Sale includes a leased retail space providing additional lease income• $1,150,000.00 asking price; 10% Cap rate from lease income if buyer does not operate store• Seller balloon note financing available for up to 3 years. Call for details• C-store size: +/- 2,000 SF, Retail space: +/- 2,700 SF• Current 2017 Harris County appraised value of $267,833.00, real estate only; does not include business valuation• Excellent visibility in Katy on Highway 90 with over 10,500 vehicles per day on Highway 90• Full Demographic Package Available

Additional Details

Nearest MSA: Houston-The Woodlands-Sugar Land
County: Fort Bend
Tax ID/APN: 0220310000005
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1986

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,393 43,385 140,411
Median Age: 37.69 34.44 34.22
Households: 1,512 13,862 45,195


Photograph of Listing Agent

Joel C. English

Texas C.R.E.S. LLC CommGate Member
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