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Flex-Retail Building with Roll-Up Doors

625 W Parker Road Houston, TX 77091

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New
For Sale
$445,000

Flex-retail space with three roll-up doors, a main showroom, and secondary show area with employee facilities.

Type:Land or Vacant Lot
Property size:
3,450 SF
Lot size:
0.18 Acres
Price / SF:
$128/SF
Added:
Jul 7, 2026
Days on Market:
5
Last Refresh:
Jul 9 at 2:53 am

Property Features for 625 W Parker Road

General Information

Standard status
Active
Size
3,450 SF
Lot size
0.18 Acres
Property subtype
Land or Vacant Lot

Listing office WALZEL PROPERTIES - CORPORATE OFFICE

Listing date Jul 7, 2026

Source Corcoran

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 flex-retail property offers a value-add configuration designed around a showroom-forward interior. The front entrance includes a covered metal roof extending over the original parking area and is served by three roll-up doors, providing versatile access through the building’s front-loading setup. Inside, a large main showroom occupies approximately 75% of the footprint and transitions into a secondary show floor on the east side. The east-side area includes an employee lounge, kitchen, and bathroom to support day-to-day operations.

The property is located in the Independence Heights/Northline submarket and is positioned as an east-west connector between I-45 and N Shepherd Dr. This placement supports visibility for a tenant seeking retail and light-industrial/flex utility in one building.

Overall, the space combines showroom display with practical roll-up door access and dedicated employee facilities within a flex-retail layout.

Key Highlights

  • ~3,450 SF flex‑retail space on a 7,764 SF lot in the Independence Heights/Northline submarket
  • Three 14.5'W x 7'H roll‑up doors for loading and light‑industrial/flex‑retail use
  • Covered metal roof and framed front entrance with loading over the original parking area

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 $62.1k $18.00
− Vacancy −$6.8k −$1.98
EGI $55.3k $16.02
− OpEx −$19.3k −$5.61
NOI $35.9k $10.41
3,450 SF · lease $18.00/SF/yr · vacancy 11.00% · expense 35.00%

Alternative Uses

Best Use
Retail
$668.3K
$584.8K – $779.7K (±1% cap)
NOI $46,781 @ 7.0% cap · market cap 10.51%
Second Best
Flex RnD
$513.2K
$449.1K – $598.8K (±1% cap)
NOI $35,925 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$887.1K
$776.3K – $1.04M (±1% cap)
NOI $62,100 @ 7.0% cap · market cap 13.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Display Furniture & Mattress Furniture & Home Goods

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Skin Care Clinic Electrical Service Bakery Daycare Center Garden Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Two Too Ate — 6302 Northline Dr Apt 30, Houston, TX 77076

FAQs

What type of property is this?
Flex space - Flex-retail space with three roll-up doors, a main showroom, and secondary show area with employee facilities.
Where is this flex space located?
The property is located at 625 W Parker Road Houston, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: ~3,450 SF flex‑retail space on a 7,764 SF lot in the Independence Heights/Northline submarket; Three 14.5'W x 7'H roll‑up doors for loading and light‑industrial/flex‑retail use; Covered metal roof and framed front entrance with loading over the original parking area
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