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Ind Warehouse(s)- 27,894SF/2.4 Acre Lot 23609 W Hardy Rd
27,894 SF Industrial Building Spring, TX 77373 $4,245,323 CAD ($152 CAD/SF) 8.38% Cap Rate
Investment Highlights
- Multiple buildings: 27,894SF/103,620SF Lot (2.3788 Acres); built in 1978, renovated 2020. Heavy power: 1200AMP/480V
- Warehouses are fully insulated, energy-efficient light fixtures, grade-level roll-up doors, additional carport storage areas throughout.
- A semi-circular driveway allows heavy trucks to enter and exit the property with ease, and there's security fencing around the buildings.
- Front building consists of professional office space, a breakroom, rear section of warehouse space, employee break room & locker room.
- The primary production warehouse(s) are in the 2nd & 3rd rear buildings with lots of interior and exterior storage.
- Close to downtown Houston, TX, Spring is located between Beltway 8 and the Grand Parkway, SH-99, easy access both north & south.
Executive Summary
***Seller Financing is available with 25+/-% Down Payment, Negotiable, & Flexible Terms. This property is also available For Lease @ $9.00/SF/YR + NN (Negotiable).
Financial Summary (Pro forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $476,270 | $17.07 |
Financial Summary (Pro forma - 2025)
Gross Rental Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income (CAD) | |
---|---|
Annual | $476,270 |
Annual Per SF | $17.07 |
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Reception
- Storage Space
- Fluorescent Lighting
- Fiber Optic Internet
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Located directly off of the Hardy Toll Rd, 23609 W Hardy Rd, Spring, TX 77373-5713, Harris County, consists of multiple buildings with approximately 27,894SF/103,620SF Lot (2.3788 Acres), and was built in 1978. The current user is an Owner-Occupant who will be vacating before the close of Escrow. The front building (~4,000sf) consists primarily of professional office space with 5 offices, 1 conference room, 1 breakroom, a small rear section of warehouse space, a 2nd employee operations break room, and a locker room. All of the warehouses are fully insulated with energy-efficient light fixtures, grade-level roll-up doors, and additional carport storage areas throughout the property. The primary production warehouse(s) consist of approximately 16,800sf & 5,800sf with lots of interior and exterior storage, plus 2 carport areas with 1200sf & 1000sf. There's a detached testing lab (700sf) structure, separate employee entrance & exit gates, designated front and rear employee parking, and more. A semi-circular driveway allows heavy trucks to enter and exit the property with ease, and there's security fencing around the buildings. Heavy power: 1200 AMP/480V total. Septic sewer system. Production wastewater is collected into tank vessels & removed by a wastewater company. The storm sewer drain goes to the wastewater ditch. Well water with an enclosed pump room. Close to downtown Houston, TX, this Spring location is located between Beltway 8 and the Grand Parkway, SH-99, and easy access both north and south along the toll roads. ***This property is also available For Sale @ $2,995,000. Seller Financing is available with 25+/-% Down Payment, Negotiable, & Flexible Terms.
Space | Size | Space Use | Condition | Available |
1st Floor | 5,000-27,000 SF | Industrial | Partial Build-Out | 30 Days |
1st Floor
Size |
5,000-27,000 SF |
Space Use |
Industrial |
Condition |
Partial Build-Out |
Available |
30 Days |
1st Floor
Size | 5,000-27,000 SF |
Space Use | Industrial |
Condition | Partial Build-Out |
Available | 30 Days |
Located directly off of the Hardy Toll Rd, 23609 W Hardy Rd, Spring, TX 77373-5713, Harris County, consists of multiple buildings with approximately 27,894SF/103,620SF Lot (2.3788 Acres), and was built in 1978. The current user is an Owner-Occupant who will be vacating before the close of Escrow. The front building (~4,000sf) consists primarily of professional office space with 5 offices, 1 conference room, 1 breakroom, a small rear section of warehouse space, a 2nd employee operations break room, and a locker room. All of the warehouses are fully insulated with energy-efficient light fixtures, grade-level roll-up doors, and additional carport storage areas throughout the property. The primary production warehouse(s) consist of approximately 16,800sf & 5,800sf with lots of interior and exterior storage, plus 2 carport areas with 1200sf & 1000sf. There's a detached testing lab (700sf) structure, separate employee entrance & exit gates, designated front and rear employee parking, and more. A semi-circular driveway allows heavy trucks to enter and exit the property with ease, and there's security fencing around the buildings. Heavy power: 1200 AMP/480V total. Septic sewer system. Production wastewater is collected into tank vessels & removed by a wastewater company. The storm sewer drain goes to the wastewater ditch. Well water with an enclosed pump room. Close to downtown Houston, TX, this Spring location is located between Beltway 8 and the Grand Parkway, SH-99, and easy access both north and south along the toll roads. ***This property is also available For Sale @ $2,995,000. Seller Financing is available with 25+/-% Down Payment, Negotiable, & Flexible Terms.
PROPERTY TAXES
Parcel Number | 0421680000042 | Improvements Assessment | $2,197,928 CAD (2023) |
Land Assessment | $584,375 CAD (2023) | Total Assessment | $2,782,304 CAD (2023) |
PROPERTY TAXES
zoning
Zoning Code | COM'L BLDG (COM'L BLDG) |
COM'L BLDG (COM'L BLDG) |
Presented by
Ind Warehouse(s)- 27,894SF/2.4 Acre Lot | 23609 W Hardy Rd
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