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22831 Fritz Ln Multipurpose Property | 22831 Fritz Ln
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22831 Fritz Ln Multipurpose Property 22831 Fritz Ln
12,184 SF Flex Building Spring, TX 77389 $2,816,335 CAD ($231 CAD/SF)
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EXECUTIVE SUMMARY
NEW ROOF INSTALLED ON 2 OF THE HOMES JANUARY 2025. DID NOT FLOOD! New Price and Owner Finance Option! Let this property work for YOU! This property truly offers amazing possibilities for a business or multi-family income. The home at the front is 1840 sq ft (3/2/2) and has it's own driveway with recently built privacy fence. The recently remodeled main house is 3390 sq ft with 3/2.5, 2 offices, a mudroom and 2 pantries. The primary bathroom is something to behold with about 20 linear ft of vanity space, glass surround shower and garden tub. The primary closet is even better with built-in drawers. The small home is 854 sq ft (1/1) and has a plumbed slab for an extension. The metal building is approximately 2500 sq ft and was built in 2023. It has a reception area, 7 offices, 2 bathrooms, a kitchen, a conference room and a file room. The warehouse is approximately 3500 sq ft with 2-12 ft wide bay doors and a 9 ft wide bay door, a Tech area, a bathroom and a kitchenette with laundry hookups and about 3200 sq ft of warehouse space. This is a business and homes are tenant occupied with rental income. The newly built metal office building is almost complete. The electricity is not on, yet. Additional sprayers were installed for the septic tank in 2024. There are 2 water wells and 1 septic tank. The recently poured concrete parking area can fit about 25 cars. Please make an appointment and do not disturb the tenants. Negotiable Owner Finance Terms: 25% down, 9.5% interest rate amortized over 30 years with a 5 year balloon note. Call 281.796.4471 for showing appointment.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$21,842
![]() |
$1.79
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$21,842
![]() |
$1.79
![]() |
Taxes |
$24,345
![]() |
$2.00
![]() |
Operating Expenses |
-
![]() |
-
![]() |
Total Expenses |
$24,345
![]() |
$2.00
![]() |
Net Operating Income |
-
![]() |
-
![]() |
FINANCIAL SUMMARY (ACTUAL - 2023)
Gross Rental Income (CAD) | |
---|---|
Annual | $21,842 |
Annual Per SF | $1.79 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $21,842 |
Annual Per SF | $1.79 |
Taxes (CAD) | |
---|---|
Annual | $24,345 |
Annual Per SF | $2.00 |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $24,345 |
Annual Per SF | $2.00 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- Conferencing Facility
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water - Well
- Sewer - Septic Field
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2- 12 FT bay door
Space | Size | Space Use | Condition | Available |
1st Floor | 2,500 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
Size |
2,500 SF |
Space Use |
Industrial |
Condition |
Full Build-Out |
Available |
30 Days |
1st Floor
Size | 2,500 SF |
Space Use | Industrial |
Condition | Full Build-Out |
Available | 30 Days |
2- 12 FT bay door
ZONING
Zoning Code | Unrestricted (residential and commercial) |
Unrestricted (residential and commercial) |
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22831 Fritz Ln Multipurpose Property | 22831 Fritz Ln
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