513 Illinois St, South Houston, TX 77587
Insulated 10,410 SF warehouse with shop and office space.
- Added:
- Feb 11, 2026
- Days on Market:
- 146
- Last Refresh:
- Jul 4 at 7:00 am
Property Features for 513 Illinois St
General Information
- Standard status
- Active
- Size
- 10,410 SF
- Lot size
- 0.65 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1987
Listing office Keller Williams Memorial (409) 789-7871
Listing date Feb 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Memorial
HighLights
- Prime location near I‑45, Hobby Airport, 610 Loop, Beltway 8, and the Port of Houston.
- Large 10,410 SF insulated building on a corner lot (approximately 28,400 SF).
- Recent upgrades to office, restroom, and roll‑up doors.
- Air‑conditioned office space with 3 offices and 3 bathrooms.
- Large paved and fenced storage lot.
- Multiple 16' roll‑up doors (6 total) for easy access.
Overview
Local Financial Insights For Warehouse
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 | $137.4k | $13.20 |
| − Vacancy | −$9.9k | −$0.95 |
| EGI | $127.5k | $12.25 |
| − OpEx | −$19.1k | −$1.84 |
| NOI | $108.4k | $10.41 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Mini Warehouses of South Houston — 1409 Indiana St, South Houston, TX 77587
- Martin — 805 Dumont St Ste. 203, South Houston, TX 77587
Location Insight
- Map
- Local Demand
- City
- South Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.2360655
- Latitude
- 29.6618132