Income-Producing Multi-Unit Commercial
For Sale
Contact for pricing
8711 Dexter St, Houston, TX 77075
Income-producing property near Hobby Airport and 45 South.
Property SizeContact for details
Days on Market195
Property Features for 8711 Dexter St
General Information
Standard status
Active
Property subtype
Industrial, Mixed Use, Retail, Special Purpose
Occupancy
70%
Lease Type
Gross
Net Operating Income
$85,200
Building Details
Buildings
3
Units
6
Tenancy
Multi
Listing Agency:
Wilhelm Investments & Realty
Listed By:
Monica Wilhelm · License #525051
Source:
Crexi
Added: Jan 28
Changed: Aug 8
Last Checked: Jul 30 at 6:59AM
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 Wilhelm Investments & Realty
Investment Insights
Based on property information with market context.
This income-producing property features three warehouses/shops and three concrete-paved lots. The property is currently 50% occupied. Existing rental income is $8,800 per month, with a proforma of $13,800 per month once fully leased. Taxes are approximately $1,100 per month. This multi-unit commercial property is located blocks from Hobby Airport and 45 South.
Key Highlights
- Potential for high cap rate (above 15%) with 100% occupancy.
- Existing rental income of $8,800 per month.
- Proforma rental income of $13,800 per month when fully leased.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 77075, TX
38,873
Population
13,267
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
11.2 sq mi
ZIP Area
3,471
Density / Sq Mi
$71,509
Median Household Income
$34,327
Median Earnings
$1,225
Median Rent
$219,900
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing property near Hobby Airport and 45 South.
Where is this mixed-use property located?
The property is located at 8711 Dexter St Houston, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Potential for **high cap rate (above 15%)** with 100% occupancy.; Existing rental income of $8,800 per month.; Proforma rental income of $13,800 per month when fully leased.
