Houston East End Boutique
3902 MCKINNEY ST Houston, TX
3902 MCKINNEY ST, Houston, TX, 00000
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For Sale
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Transformed 3,200 sqft metal warehouse with two boutique units.
Property Size3,200 SF
Lot Size0.15 Acres
Price / SF$257.81
Days on Market237
Property Features for 3902 MCKINNEY ST
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.15 Acres
- Property subtype
- OFFICE
Listing Agency
Eastwood Realty
(626) 826-5906
Listed by
Loren Miner · License #688074
(626) 826-5906
Source
Moodyscre
Added: Nov 24, 2025 Checked: Jul 17 at 6:00 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 Eastwood Realty
Investment Insights
Based on property information with market context.
This 3,200 sqft metal warehouse building in Houston's East End has been transformed into two boutique units. Each unit features a separate entrance, high ceilings, and natural light. The units include bathrooms and exposed A/C. Elegant glass garage doors are fitted with storm shutters. The property is located just off McKinney St. in a rapidly evolving neighborhood. This property offers the opportunity to create a living space.
Key Highlights
- Two boutique units inside a transformed 3,200 sqft metal warehouse.
- Separate entrances for each unit ensuring privacy.
- Contemporary makeover with modern elegance.
Local Financial Insights For Office B
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 | $69.1k | $21.60 |
| − Vacancy | −$19.4k | −$6.05 |
| EGI | $49.8k | $15.55 |
| − OpEx | −$12.4k | −$3.89 |
| NOI | $37.3k | $11.66 |
3,200 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$533.2K
$466.6K – $622.1K
NOI $37,325 @ 7.0% cap · market cap 4.52%
Second Best
Warehouse
$336.5K
$294.4K – $392.6K
NOI $23,553 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,600 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
35MM Studio
(Bike/Boat/Book/etc) Store
Fix & Fogg
Specialty Food Shop
Similar For Sale Nearby
Similar Off Market Nearby
- EADO Storage — 1025 Sampson St, Houston, TX 77003
- Self Storage — 2120 Walker St, Houston, TX 77003, United States
- Benton's Storage Treasures — 1619 Milby St, Houston, TX 77003
- Lug Hub - East Downtown — 2199 Lamar St, Houston, TX 77003
- Extra Space Storage — 1927 Scott St, Houston, TX 77003
FAQs
What type of property is this?
Warehouse - Transformed 3,200 sqft metal warehouse with two boutique units.
Where is this warehouse located?
The property is located at 3902 MCKINNEY ST Houston, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two boutique units inside a transformed 3,200 sqft metal warehouse.; Separate entrances for each unit ensuring privacy.; Contemporary makeover with modern elegance.
