industrial for sale hathaway 2 warehouses in … · 2019-05-08 · berkshire hathaway homeservice...

SALE PRICE: $699,000

BUILDINGS SIZE: 2,400 SF each

LOT SIZE: 1.6 Acres

CROSS STREETS: FM 2978 & Bogs Rd

YEAR BUILT: 2008

PROPERTY OVERVIEW

Two warehouses on 1.6 Acres situated on a corner lot in Tomball on FM 2978, near Hufsmith Rd. Each warehouse is 2,400 SF with 18' Ceilings. One warehouse has 3 built-out offices and 3 rollup doors. The other is all warehouse and has 2 roll-up doors. Doors are situated to allow maximum airflow through the facility when open. 2 Shipping Containers also come with the property. Warehouses are currently leased month-to-month to one company. Tenant would be willing to sign long-term lease, or will vacate at the request of the new owner. Some of the property is wooded. Lots of parking with a large lot for storage. Frontage on FM 2978 with additional entry off of Bogs Rd. DO NOT DISTURB TENANTS

PROPERTY FEATURES Frontage on FM 2978

Close to Grand Parkway

Office/Warehouse Space

Current Tenant can provide income

2 WAREHOUSES IN TOMBALL, TX INDUSTRIAL FOR SALE

25502 FM 2978, Tomball, TX 77375

We obtained the information above from sources we believe to be reliable. However, we have not verified itsaccuracyandmakenoguarantee,warrantyor representationabout it. It is submittedsubject to thepossibilityoferrors, omissions, changeof price, rental orother conditions, prior sale, leaseor financing, orwithdrawalwithoutnotice. We includeprojections,opinions,assumptionsorestimates forexampleonly,andtheymaynot representcurrent or future performance of the property. You and your tax and legal advisors should conduct your owninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION


25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

Google


25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

Google

Google


25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

2 Warehouses - Tomball TX

Demographic Report

PopulationDistance Male Female Total

1- Mile 547 503 1,049

3- Mile 5,795 5,846 11,641

5- Mile 31,642 32,364 64,006

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

25502 FM 2978 Road

Demographic Report

PopulationDistance Male Female Total

1- Mile 534 488 1,023

3- Mile 5,653 5,708 11,361

5- Mile 30,693 31,464 62,157


Richard Stallings

[email protected]

Berkshire Hathaway HomeService 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

PouyaTiraie

RickStallingsTeam

RickStallings,MBA

DawnRogers,OfficeManager


25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

Employment by DistanceDistance Employed Unemployed Unemployment Rate

1-Mile 557 15 0.23 %

3-Mile 5,500 164 1.12 %

5-Mile 29,109 873 2.21 %


Richard Stallings

[email protected]


Richard Stallings

Hispanic

BlackAsian

White

Ethnicitywithin5miles

White NativeAmerican Asian

Black PacificIslanders Hispanic

HomeOwnership1Mile

HomeOwnership3Mile

HomeOwnership5Mile

Renters

Owners

Renters

Owners

Renters

Owners

PopulationbyDistanceandAge(2018)

6,000

4,000

2,000

0

3-Mile 5-Mile1-Mile

8,000


25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

Radius Median Household Income

1-Mile $95,604.67

3-Mile $100,074.91

5-Mile $94,906.79

Radius Average Household Income

1-Mile $101,483.33

3-Mile $105,390.18

5-Mile $100,459.93

Radius Aggregate Household Income

1-Mile $38,436,212.02

3-Mile $422,562,548.73

5-Mile $2,157,393,665.21

1-MilePop > 25 640High School Grad 135Some College 166Associates 56Bachelors 107Masters 34Prof. Degree 24Doctorate 1

3-mile7,1051,7511,768

4831,160

28815544

5-mile37,36110,1978,0802,2265,7861,322

798325

Education

Agriculture Mining Construction Manufacturing Wholesale Retail Transportaion Information Professional Utility Hospitality Pub-Admin Other

1-Mile 4 26 81 45 15 14 29 3 103 140 5 0 72

3-Mile 24 204 660 556 209 317 321 62 813 1,326 196 74 501

5-Mile 93 985 2,455 3,219 1,399 2,944 1,771 338 3,519 6,946 1,309 452 2,429

Labor & Income

1-MileVacant Ready For Rent 10 %Teen's 9 %Expensive Homes 9 %Mobile Homes 28 %New Homes 24 %New Households 7 %Military Households 0 %Households with 4+ Cars 10 %Public Transportation Users 3 %Young Wealthy Households 0 %

3-mile36 %38 %12 %79 %88 %39 %

4 %41 %

6 %0 %

5-mile57 %76 %37 %

237 %213 %75 %

5 %76 %

9 %0 %

This Tapestry information compares this selected market against the average. If a tapestry is over 100% it is above average for that statistic. If a tapestry is under 100% it is below average.

Tapestry


Richard Stallings

[email protected]


Richard Stallings

3-Mile 5-Mile1-Mile

>200K150K-200K125K-150K100K-125K75K-100K60K-75K50K-60K45K-50K40K-45K35K-40K30K-35K25K-30K20K-25K15K-20K10K-15K

<10K

500 1,000 1,500 2,000 2,5000 3,000


25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

1-Mile %Total Expenditures 22,031,553Average annual household 60,814Food 7,751 12.75 %Food at home 4,807Cereals and bakery products 684Cereals and cereal products 241Bakery products 442Meats poultry fish and eggs 956Beef 227Pork 164Poultry 181Fish and seafood 160Eggs 74Dairy products 501Fruits and vegetables 972Fresh fruits 142Processed vegetables 179Sugar and other sweets 177Fats and oils 152Miscellaneous foods 898Nonalcoholic beverages 396Food away from home 2,943Alcoholic beverages 469Housing 20,950 34.45 %Shelter 12,781Owned dwellings 8,091Mortgage interest and charges 4,150Property taxes 2,788Maintenance repairs 1,152Rented dwellings 3,360Other lodging 1,330Utilities fuels 4,556Natural gas 454Electricity 1,763Fuel oil 187Telephone services 1,414Water and other public services 736Household operations 1,539 2.53 %Personal services 474Other household expenses 1,065Housekeeping supplies 734Laundry and cleaning supplies 186Other household products 437Postage and stationery 111Household furnishings 1,338Household textiles 98Furniture 353Floor coverings 40Major appliances 130Small appliances 119Miscellaneous 596Apparel and services 1,691 2.78 %Men and boys 357Men 16 and over 296Boys 2 to 15 61Women and girls 597

5-Mile %1,239,964,570

59,1697,574 12.80 %4,711

67123843393421916117815773

490957140176171149882387

2,862452

20,486 34.62 %12,4907,8554,0412,6841,1303,3711,2634,473

4381,738

1821,392

7211,498 2.53 %

4631,034

713182421109

1,30998

33938

129112590

1,641 2.77 %34528658

582

3-Mile %242,776,286

61,0217,787 12.76 %4,809

68324144295122416318016074

502980144179176151900395

2,977477

20,966 34.36 %12,7768,1284,2142,7681,1443,3431,3044,548

4491,757

1851,418

7371,553 2.55 %

4901,063

725185431109

1,36210235039

132116620

1,716 2.81 %35929761

599

Expenditures


Richard Stallings

[email protected]


Richard Stallings2 WAREHOUSES IN TOMBALL, TX INDUSTRIAL FOR SALE

25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

Women 16 and over 525Girls 2 to 15 72Children under 2 105

1-Mile %Total Expenditures 22,031,553Average annual household 60,814Transportation 8,012 13.17 %Vehicle purchases 2,001Cars and trucks new 1,055Cars and trucks used 898Gasoline and motor oil 2,350Other vehicle expenses 2,967Vehicle finance charges 202Maintenance and repairs 1,071Vehicle insurance 1,287Vehicle rental leases 406Public transportation 694Health care 4,316 7.10 %Health insurance 2,802Medical services 934Drugs 429Medical supplies 150Entertainment 3,500 5.76 %Fees and admissions 817Television radios 1,118Pets toys 1,284Personal care products 798Reading 71Education 2,107Tobacco products 385Miscellaneous 1,028 1.69 %Cash contributions 1,580Personal insurance 8,152Life and other personal insurance 207Pensions and Social Security 7,944

51072

101

52474

103

3-Mile %242,776,286

61,0218,121 13.31 %2,0521,069

9382,3702,992

2041,0821,290

414706

4,326 7.09 %2,784

952438150

3,570 5.85 %829

1,1211,317

80470

2,060382999 1.64 %

1,5108,229

2138,015

5-Mile %1,239,964,570

59,1697,854 13.27 %1,9681,050

8732,3072,897

1951,0501,252

399680

4,226 7.14 %2,730

922426146

3,433 5.80 %790

1,0961,267

77768

1,987388977 1.65 %

1,4777,822

1997,622

Estimated Households Housing Occupied By Housing OccumpancyDistance Year Projection 2000 Change 1 Person Family Owner Renter Vacant1-Mile 2020 3,098 2,699 16.31 % 601 2,354 2,488 610 874

3-Mile 2020 14,441 11,671 21.81 % 2,188 11,735 11,919 2,522 2,532

5-Mile 2020 39,200 30,829 24.05 % 6,160 31,681 31,954 7,246 5,127

1-Mile 2023 3,148 2,699 19.80 % 610 2,393 2,571 577 1,065

3-Mile 2023 14,848 11,671 25.17 % 2,236 12,082 12,418 2,430 3,183

5-Mile 2023 40,514 30,829 28.21 % 6,332 32,783 33,345 7,169 6,722

Expenditures (Continued)


Richard Stallings

[email protected]


Richard Stallings2 WAREHOUSES IN TOMBALL, TX INDUSTRIAL FOR SALE

25502 FM 2978, Tomball, TX 77375



BERKSHIREHATHAWAY


COMMERCIAL DIVISION

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

11-2-2015

TYPES OF REAL ESTATE LICENSE HOLDERS:A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER'S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker's own interests;Inform the client of any material information about the property or transaction received by the broker;Answer the client's questions and present any offer to or counter-offer from the client; andTreat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with theowner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimumduties above and must inform the owner of any material information about the property or transaction known by the agent,including information disclosed to the agent or subagent by the buyer or buyer's agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usuallythrough a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform thebuyer of any material information about the property or transaction known by the agent, including information disclosed to the agentby the seller or seller's agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the writtenagreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold orunderlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:

Must treat all parties to the transaction impartially and fairly;May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.Must not, unless specifically authorized in writing to do so by the party, disclose:

that the owner will accept a price less than the written asking price;that the buyer/tenant will pay a price greater than the price submitted in a written offer; andany confidential information or any other information that a party specifically instructs the broker in writing not todisclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent thebuyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLYESTABLISH:

The broker's duties and responsibilities to you, and your obligations under the representation agreement.Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create anobligation for you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records.

Berkshire Hathaway HomeServicesAnderson Properties

604417 [email protected] (713) 862-0000

Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Michael Huff 0501323 [email protected] (713) 862-0000

Designated Broker of Firm License No. Email Phone

Cathy Trevino 455096 [email protected] (713) 516-6331

Licensed Supervisor of Sales Agent/ Associate License No. Email Phone

Richard Stallings 0620573 [email protected] (713) 503-0808

Sales Agent/Associate's Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.govIABS 1-0

TAR 2501

industrial for sale hathaway 2 warehouses in … · 2019-05-08 · berkshire hathaway homeservice...

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