Mixed-Use Industrial
For Sale
Contact for pricing
3809 MELBOURNE ST, Houston, TX 77026
Corner property combining warehouse capacity, two-story offices, perimeter fencing, and access to major transportation corridors.
Property Size16,885 SF
Lot Size0.43 Acres
Price / SF$74.67
Days on Market48
Property Features for 3809 MELBOURNE ST
General Information
Standard status
Active
Size
16,885 SF
Lot size
0.43 Acres
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Trinity
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Warehouse Space
14,760 SF
Office Build-Out
2,125 SF
Drive-In Doors
3
Building Details
Buildings
1
Building Size
16,885 SF
Listing Agency:
Creek Realty
Listed By:
Jose Richenberger · License #0686399
(832) 746-5296
Source:
Moodyscre
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 3 at 5:58AM
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 Creek Realty
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Investment Insights
Based on property information with market context.
This mixed-use industrial property contains 16,885 SF of building area on an approximately 18,750 SF corner site. The facility includes 14,760 SF of warehouse space and 2,125 SF of two-story offices. The warehouse measures approximately 100' x 150' and includes three overhead doors: two approximately 12' x 12' and one approximately 12' wide x 14' high. The property is fenced on three sides.
The office component provides approximately 1,322 SF on the first floor and 803 SF upstairs. Interior features include private offices, a 19' x 14' reception area, a 46' x 9' bullpen, four additional open offices, a 15' x 13' air-conditioned room, two half baths, and one full bathroom. The current use is rain gutter manufacturing.
Located near Loop 610 and US-59/I-69, the property offers access to major Houston transportation routes. Its warehouse-office configuration supports manufacturing, distribution, contractor, service, fabrication, and owner-user operations as described for the facility.
The office component provides approximately 1,322 SF on the first floor and 803 SF upstairs. Interior features include private offices, a 19' x 14' reception area, a 46' x 9' bullpen, four additional open offices, a 15' x 13' air-conditioned room, two half baths, and one full bathroom. The current use is rain gutter manufacturing.
Located near Loop 610 and US-59/I-69, the property offers access to major Houston transportation routes. Its warehouse-office configuration supports manufacturing, distribution, contractor, service, fabrication, and owner-user operations as described for the facility.
Key Highlights
- 16,885 SF total building on an approximately 18,750 SF corner site
- 14,760 SF warehouse plus 2,125 SF of two‑story office space
- Approximately 100' x 150' warehouse with 3 overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,722
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,114,440
$2.1M
Cap Rate 7%
$1,510,314
$1.5M
Cap Rate 9%
$1,174,689
$1.2M
Market Conditions
NOI Build-Up for 18,750 SF
Gross rent
$168.8K $9.00/SF
− Vacancy
−$17.7K −$0.95/SF
EGI
$151.0K $8.06/SF
− OpEx
−$45.3K −$2.42/SF
NOI
$105.7K $5.64/SF
Area
Houston, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,114,440
Cap Rate 7%
$1,510,314
Cap Rate 9%
$1,174,689
Alternative Uses
Best Use
Mixed Use
$3.54M
$3.09M – $4.13M
NOI $247,500 @ 7.0% cap · market cap 17.68%
Second Best
Warehouse
$1.97M
$1.73M – $2.30M
NOI $138,006 @ 7.0% cap · market cap 9.86%
Theoretical Best
Office A
$4.82M
$4.22M – $5.63M
NOI $337,500 @ 7.0% cap · market cap 24.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Houston, TX
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property combining warehouse capacity, two-story offices, perimeter fencing, and access to major transportation corridors.
Where is this mixed-use property located?
The property is located at 3809 MELBOURNE ST Houston, TX.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 16,885 SF total building on an approximately 18,750 SF corner site; 14,760 SF warehouse plus 2,125 SF of two‑story office space; Approximately 100' x 150' warehouse with 3 overhead doors
