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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

Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

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Page 1: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

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

Page 2: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

Photos

©2014 Kevin Riles, Upscale Properties

Page 3: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

©2014 Kevin Riles, Upscale Properties

Page 4: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

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

Page 5: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

Photos

©2014 Kevin Riles, Upscale Properties

Page 6: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

©2014 Kevin Riles, Upscale Properties

Page 7: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

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

Page 8: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

Photos

©2014 Kevin Riles, Upscale Properties

Page 9: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

©2014 Kevin Riles, Upscale Properties

Page 10: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

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

Page 11: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

Photos

©2014 Kevin Riles, Upscale Properties

Page 12: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

©2014 Kevin Riles, Upscale Properties

Page 13: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

©2014 Kevin Riles, Upscale Properties

Page 14: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

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

Page 15: Properties for Sale 1 16110 Kuykendahl , Houston , TX 77069 › OfficeForeclosures.pdf · 1 16110 Kuykendahl , Houston , TX 77069 ... Tax ID/APN 045 -144 -002 -0265 -001 Status Active

Photos

©2014 Kevin Riles, Upscale Properties