Commercial Warehouse in High-Traffic
For Sale
Contact for pricing
11702 Zuinn St, Houston, TX 77086
Prime commercial property suitable for various business uses.
Property Size3,200 SF
Price / SF$375
Days on Market1029
Property Features for 11702 Zuinn St
General Information
Standard status
Active
Size
3,200 SF
Class
C
Property subtype
Retail, Industrial
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
2011
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Insearch Properties
(713) 501-0520
Listed By:
Ana Solis · License #TX 0598035
Source:
Crexi
Added: Nov 7, 2023
Changed: Aug 31
Last Checked: Aug 29 at 6:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Insearch Properties
Investment Insights
Based on property information with market context.
This commercial property, situated in a high-traffic location in Houston, Texas, presents an exceptional opportunity for ownership. The property, with a size of 3200 square feet, is suitable for use as a body shop, machine shop, warehouse, or office warehouse. The expansive lot offers ample parking space, outdoor storage options, or potential expansion opportunities, making it a versatile asset for any business. The sale includes two post lifts, two four-post lifts, a transmission fluid exchange machine, a coolant machine, oil barrels, and oil pumps. All tool boxes except one are also included. The seller will take all the hand tools.
Key Highlights
- High‑traffic Houston location ideal for commercial use.
- Versatile property suitable for body shop, machine shop, warehouse, or office warehouse.
- Spacious lot offering ample parking, outdoor storage, and expansion potential.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,391
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,820
$867.8K
Cap Rate 7%
$619,871
$619.9K
Cap Rate 9%
$482,122
$482.1K
Market Conditions
NOI Build-Up for 3,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.7K $20.52/SF
− Vacancy
−$3.7K −$1.15/SF
EGI
$62.0K $19.37/SF
− OpEx
−$18.6K −$5.81/SF
NOI
$43.4K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,820
Cap Rate 7%
$619,871
Cap Rate 9%
$482,122
Alternative Uses
Best Use
Retail
$619.9K
$542.4K – $723.2K
NOI $43,391 @ 7.0% cap · market cap 3.62%
Second Best
Warehouse
$336.5K
$294.4K – $392.6K
NOI $23,553 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,600 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77086, TX
29,366
Population
9,315
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
6.8 sq mi
ZIP Area
4,319
Density / Sq Mi
$58,184
Median Household Income
$29,882
Median Earnings
$1,199
Median Rent
$196,300
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Right Move Storage - Highway 249 — 11901 TX-249, Houston, TX 77086
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- Near-by Self Storage Units — 9523 Antoine Dr, Houston, TX 77086
Frequently Asked Questions
What type of property is this?
Warehouse - Prime commercial property suitable for various business uses.
Where is this warehouse located?
The property is located at 11702 Zuinn St Houston, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑traffic Houston location ideal for commercial use.; Versatile property suitable for body shop, machine shop, warehouse, or office warehouse.; Spacious lot offering **ample parking, outdoor storage, and expansion potential.**
