East End Mixed-Use
For Sale
Contact for pricing
7126 LAWNDALE ST, Houston, TX
14,956 SF building with retail and warehouse spaces for sale.
Property Size14,956 SF
Lot Size0.49 Acres
Price / SF$62.52
Days on Market432
Property Features for 7126 LAWNDALE ST
General Information
Standard status
Active
Size
14,956 SF
Lot size
0.49 Acres
Property subtype
RETAIL
Listing Agency:
Carlos Garcia Realty
(281) 235-9904
Listed By:
Bill Garcia · License #174458
Source:
Moodyscre
Added: May 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:34AM
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 Carlos Garcia Realty
Investment Insights
Based on property information with market context.
Located in the East End, near Lawndale Street and South 75th Street, this 14,956 square foot building is situated on a 20,000 square foot lot. The property features four spaces, including two large glass-front office/retail spaces totaling approximately 11,456 square feet, complete with mezzanine areas. Additionally, there are two attached warehouse spaces in the back, encompassing approximately 3,500 square feet. The property offers front-end parking on Lawndale with 8 spaces, and additional parking in the rear with 14 spaces. Recent upgrades include a new TPO roof, AC units, and upgraded electrical systems. Previously used as a furniture store and music venue, the building is currently vacant. The surrounding area has a population of 18,216 within a 1-mile radius and 123,458 within a 3-mile radius. Traffic counts from 2022 show 11,584 vehicles.
Key Highlights
- Substantial Price Reduction: Reduced to $1,000,000.
- Large 14,956 SF Building** on a 20,000 SF Lot
- Versatile spaces include office/retail with mezzanines and warehouse spaces.
Financial Insights For Industrial
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 | $134.6k | $9.00 |
| − Vacancy | −$14.1k | −$0.95 |
| EGI | $120.5k | $8.06 |
| − OpEx | −$36.1k | −$2.42 |
| NOI | $84.3k | $5.64 |
14,956 SF · lease $9.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.90M
$2.53M – $3.38M
NOI $202,798 @ 7.0% cap · market cap 21.69%
Second Best
Warehouse
$1.57M
$1.38M – $1.83M
NOI $110,081 @ 7.0% cap · market cap 11.77%
Theoretical Best
Office A
$3.85M
$3.37M – $4.49M
NOI $269,208 @ 7.0% cap · market cap 28.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 14,956 SF building with retail and warehouse spaces for sale.
Where is this retail space located?
The property is located at 7126 LAWNDALE ST Houston, TX.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Substantial Price Reduction: Reduced to $1,000,000.; Large 14,956 SF Building** on a 20,000 SF Lot; Versatile spaces include office/retail with mezzanines and warehouse spaces.
