Retail Warehouse with Roll-Up
2521 Fulton Street Houston, TX 77009
2521 Fulton Street, Houston, TX, 77009
$499,000
For Sale
$499,000
Retail with attached warehouse and distribution space, including a roll-up loading door for shipping and logistics.
Property Size4,000 SF
Price / SF$124.75
Days on Market12
Property Features for 2521 Fulton Street
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Land or Vacant Lot
Listing Agency
WALZEL PROPERTIES - CORPORATE OFFICE
(832) 674-4960
Listed by
ALEXANDER RASMUSSEN
Source
Corcoran
Added: Jul 6 Checked: Jul 17 at 3:09 am
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 WALZEL PROPERTIES - CORPORATE OFFICE
Investment Insights
Based on property information with market context.
This retail warehouse property includes approximately 4,000 square feet of functional retail space with attached warehouse and distribution area. The site also features an approximately 10' high by 10' wide roll-up loading door, designed to support loading and shipping operations with adequate clear height for modern use.
The property is located at 2521 Fulton Street in Houston, Texas, and is described as being less than 5 miles from Downtown Houston. Nearby access routes include I-45, I-69, and Loop 610.
The layout is positioned for flexible use, including retail, office, or mixed-use redevelopment, based on the configuration of the retail area and the attached warehouse/distribution space.
The property is located at 2521 Fulton Street in Houston, Texas, and is described as being less than 5 miles from Downtown Houston. Nearby access routes include I-45, I-69, and Loop 610.
The layout is positioned for flexible use, including retail, office, or mixed-use redevelopment, based on the configuration of the retail area and the attached warehouse/distribution space.
Key Highlights
- 4,000 SF retail space with attached warehouse and distribution area
- Approx. 10'H x 10'W roll‑up loading door for shipping and logistics
- Less than 5 miles from Downtown Houston
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $18.00 |
| − Vacancy | −$7.9k | −$1.98 |
| EGI | $64.1k | $16.02 |
| − OpEx | −$22.4k | −$5.61 |
| NOI | $41.7k | $10.41 |
4,000 SF · lease $18.00/SF/yr · vacancy 11.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$774.8K
$678.0K – $904.0K
NOI $54,238 @ 7.0% cap · market cap 10.87%
Second Best
Flex RnD
$595.0K
$520.7K – $694.2K
NOI $41,652 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$1.03M
$900.0K – $1.20M
NOI $72,000 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Display Furniture
Home Decor Store
Millhouse Paint Body
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Boardtown BBQ Catering - HTX — 1809 Lewis St, Houston, TX 77009
- EPICuisines Cooking Firm LLC — 1246 Lorraine St Unit C, Houston, TX 77009
- Catering Selects — 1110 Boswell St, Houston, TX 77009
- La Dee Da Catering — 3223 Houston Ave, Houston, TX 77009
- Uptown Catering — 3223 Houston Ave, Houston, TX 77009
FAQs
What type of property is this?
Flex space - Retail with attached warehouse and distribution space, including a roll-up loading door for shipping and logistics.
Where is this flex space located?
The property is located at 2521 Fulton Street Houston, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4,000 SF retail space with attached warehouse and distribution area; Approx. 10'H x 10'W roll‑up loading door for shipping and logistics; Less than 5 miles from Downtown Houston
