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Properties for Sale
Prepared for
3/5/2014 (281) 451-8437 [email protected]
Presented by Kevin Riles Upscale Properties
1 16110 Kuykendahl, Houston, TX 77069
Property Description
5.393 partially developed acres.Perfect property for a company in need of offices with a large parking area and/or lay down yard.Partially completed office condo development.Site includes 5.293 acres of which approximately 1/2 is developed.The remaining land area is available for further development/use. A small portion of the remaining land area is dedicated to two (2) detention ponds which are enclosed with fencing.Approximately 1/2 of the developed land contains only concrete slabs which could be relatively easily demoed and its intended use changed.There are five (5) office condo buildings which are at various stages of completion. Four are complete or virtually complete (requiring carpet and paint only) and one (1) building's interior is framed out only. All completed finishes are Class A.
Location Description
Subject is located on the north bound side of Kuykendahl approximately 1/2 mile north of FM 1960.
Property Notes
Property Details
Price $4,200,000
Unit Size 20,970 SF
Lot Size 5.39 SF
Price/SF $200.29 /SF
Property Type Office
Property Sub-type Office Condo
Property Use Type Vacant/Owner-User
Distressed Yes
Occupancy 0%
Building Class B
Status Active
Units
# Price Size Price/Size Description
Unit 1 $4,200,000 20,970 SF $200.29 /SF Property is perfect for a company in search of office and land space.
©2014 Kevin Riles, Upscale Properties
Photos
©2014 Kevin Riles, Upscale Properties
©2014 Kevin Riles, Upscale Properties
2 1113 W. BAKER RD., Baytown, TX 77521
Property Description
GREAT PLACE TO OPEN A BUSINESS AND COLLECT RENT, BUILDING CURRENTLY OCCUPIED BY ONE OFFICE, THERE IS PLENTY OF SPACE TO TAKE PART AND RENT OUT ANOTHER PART AND KEEP CURRENT TENANT AT OTHER END. ALSO FOR SALE IS ANOTHER BUILDING FULLY OCCUPIED AND A LOT.
Location Description
FROM I-10 EXIT GARTH TRAVEL SOUTH TO WEST BAKER TURN EAST (L) BUILDING ABOUT 1/2 BLOCK DOWN ON RIGHT
Property Notes
Property Details
Price $424,900
Building Size 5,000 SF
Lot Size 25,530 SF
Price/SF $84.98 /SF
Property Type Office
Property Sub-type Office Building
Property Use Type Investment
Distressed Yes
Commission Split 8%
Cap Rate 7%
Building Class B
Tenancy Multiple
Tax ID/APN 045-144-002-0265-001
Status Active
©2014 Kevin Riles, Upscale Properties
Photos
©2014 Kevin Riles, Upscale Properties
©2014 Kevin Riles, Upscale Properties
3 1109 W. BAKER RD, Baytown, TX 77521
Property Description
3 LONG TIME TENANTS OCCUPY 5000 SQ FT BUILDING ON BUSY ROAD NEAR HOSPITAL IN BAYTOWN. LOOKING FOR THE PERFECT INVESTMENT PROPERTY THIS COULD BE IT. ALSO BEING SOLD EXACT SAME BUILDING ACROSS PARKING LOT IN ADDITION TO VACANT LOT TO ALLOW MORE DEVELOPMENT IN THE SAME STRIP.
Location Description
FROM I-10 TRAVEL SOUTH ON GARTH TO W. BAKER TURN EAST (L) BUILDING ABOUT 1/2 BLOCK DOWN ON RIGHT
Property Notes
Property Details
Price $424,900
Building Size 5,000 SF
Lot Size 25,530 SF
Price/SF $84.98 /SF
Property Type Office
Property Sub-type Office Building
Property Use Type Investment
Distressed Yes
Commission Split 8%
Cap Rate 7%
Building Class B
Tenancy Multiple
Tax ID/APN 045-144-002-0268-001
Status Active
©2014 Kevin Riles, Upscale Properties
Photos
©2014 Kevin Riles, Upscale Properties
©2014 Kevin Riles, Upscale Properties
4 3701 Elgin, Houston, TX 77004
Property Description
Pleasant Grove is a recent foreclosure and is presently owned by a financial institution. The property is located at the north east corner of Elgin and Milby Street directly across from the University of Houston campus which is to the south. This sale includes two adjacent lots for parking located at 3622-3623 Rosalie and 3120 Milby. The total land area including the lots is about 43,000 square feet or about one acre. Single family residences and scattered commercial properties border on the north and east. The building has three floors and a total of 43,383 square feet of rentable space. The property is three story.Possible uses for a purchaser include continued use as a church, social hall, banquet facility, redevelopment as multifamily, or retail.
Location Description
Located at the northeast corner of Elgin Ave and MIlby Street. Across from the University of Houston Athletics and Alumni Facility.
Property Notes
Property Details
Price $1,450,000
Building Size 43,383 SF
Lot Size 43,000 SF
Price/SF $33.42 /SF
Property Type Office
Property Sub-type Office Building
Additional Sub-types Day Care Facility/Nursery Theatre/Performing Arts Religious Facility
Property Use Type Vacant/Owner-User
Distressed Yes
Occupancy 0%
Status Active
©2014 Kevin Riles, Upscale Properties
Photos
©2014 Kevin Riles, Upscale Properties
©2014 Kevin Riles, Upscale Properties
©2014 Kevin Riles, Upscale Properties
5 17226 Mercury Drive, Houston, TX 77058
Property Description
Single story office building completely remodeled in 2013. Great investment opportunity.
Location Description
Property is located at 17226 Mercury Drive in the Clear Lake market.
Property Notes
Property Details
Price $1,450,000
Building Size 12,224 SF
Lot Size 40,511 SF
Price/SF $118.62 /SF
Property Type Office
Property Sub-type Office Building
Additional Sub-types Medical Office
Property Use Type Investment
Distressed Yes
Cap Rate 8.50%
Occupancy 69%
No. Stories 1
Building Class B
Tenancy Multiple
Year Built 1983
Status Active
©2014 Kevin Riles, Upscale Properties
Photos
©2014 Kevin Riles, Upscale Properties