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    511 Rankin Cir Houston, TX 77073

    For Sale
    Contact for pricing

    11,200 SF Manufacturing Space in Houston, TX

    Property size:
    11,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11,200-square-foot industrial property, located at 511 Rankin Circle N in Houston, Texas, presents a compelling investment opportunity. Built in 2005, this Class B building sits on a generous 1.98-acre lot, offering ample space for operations and potential expansion. The warehouse boasts a desirable 16-foot clear ceiling height, providing significant vertical storage capacity. Two dock-high doors ensure efficient loading and unloading, complemented by additional grade-level doors for convenient access. The property's manufacturing and warehouse subtype makes it suitable for a variety of industrial uses. Its location in Harris County, Texas, with a 77073 zip code, offers convenient access to major transportation routes and a thriving industrial market. The existing structure provides a solid foundation, with the added benefit of expansion capabilities to accommodate future growth. This property is ideal for businesses seeking a well-maintained, spacious, and strategically located industrial facility in the heart of Houston. The ample lot size and existing infrastructure provide a strong base for immediate occupancy and long-term growth potential. This is a rare opportunity to acquire a functional and expandable industrial space in a prime Houston location.

    Property Features for 511 Rankin Cir

    General Information

    Property type
    Distribution properties
    Square Feet
    11,200 SF
    Class
    B
    Lot Size
    86,249 SF

    Building Details

    Year Built
    2005

    HighLights

    • 11,200 SF industrial building on a 1.98‑acre lot in Houston, TX.
    • Class B building constructed in 2005.
    • 16' clear ceiling height, two dock‑high doors, and grade‑level doors.
    • Suitable for various industrial uses; located in Harris County, zip code 77073.
    • Offers expansion capabilities and immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.411295515091
    Latitude
    29.968262095829

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    FAQs

    What type of property is this?
    Distribution property - 11,200 SF Manufacturing Space in Houston, TX
    Where is this distribution property located?
    The property is located at 511 Rankin Cir Houston, TX.
    What are key features of this property?
    This property features: 11,200 SF industrial building on a 1.98-acre lot in Houston, TX.; Class B building constructed in 2005.; 16' clear ceiling height, two dock-high doors, and grade-level doors.
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    511 Rankin Cir Houston, TX 77073
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 Rankin Cir Houston, TX 77073
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