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    234 Memory Ln Houston, TX 77037

    For Lease
    $10 SF/Yr

    Houston Warehouse: 5 Suites Available

    Lot size:
    25,864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This Houston, TX industrial property at 234 Memory Lane offers 25,864 square feet of versatile space, ideal for warehouse, flex, manufacturing, distribution, or R&D uses. The property features two single-story buildings built in 2000, with a total of five suites available, ranging from 2,040 to 10,800 contiguous square feet. Currently, 16,400 square feet is vacant. Amenities include 18-foot ceilings, one loading dock, seven drive-ins, and 16 total parking spaces. The 1.3-acre lot (58,276 square feet) provides ample space, and the property boasts convenient access to I-45 N Fwy, George Bush Intercontinental Airport, Beltway 8, and the 610 loop. Three-phase and single-phase power are available. The property is classified as Class C and is zoned as "No zoning". The address is 234 Memory Lane, Houston, TX 77037, with cross streets of Memory Lane and Sweetwater Lane. The APN numbers are 0963390000001

    Property Features for 234 Memory Ln

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,864 SF
    Class
    C
    Total Rate
    22501.68

    Building Details

    Year Built
    2000
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    238 Memory Ln Unit B
    Size
    3,700 SF
    Rate per SF
    $12
    Space
    238 Memory Ln Unit D
    Size
    2,280 SF
    Rate per SF
    $12
    Space
    238 Memory Ln Unit C
    Size
    2,040 SF
    Rate per SF
    $12
    Space
    238 Memory Ln Unit A
    Size
    2,560 SF
    Rate per SF
    $12
    Space
    234 Memory Ln Unit A
    Size
    5,800 SF
    Rate per SF
    $10

    HighLights

    • Drive‑in access for each unit.
    • High warehouse ceilings.
    • Office space included in most units.
    • Secure gated property.
    • Convenient I‑45 North Freeway access.
    • Dedicated loading area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Placas temporales Cafe

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.406480647702
    Latitude
    29.904509494253

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    FAQs

    What type of property is this?
    Life science property - Houston Warehouse: 5 Suites Available
    Where is this life science property located?
    The property is located at 234 Memory Ln Houston, TX.
    What is the lease rate?
    The lease rate is $10-$12 SF/Yr.
    What are key features of this property?
    This property features: Drive-in access for each unit.; High warehouse ceilings.; Office space included in most units.
    Request Owner's contact information
    234 Memory Ln Houston, TX 77037
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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
    234 Memory Ln Houston, TX 77037
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