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    10541 Cypress Creek Pkwy Houston, TX 77070

    Sponsored
    For Sale
    $2,100,000

    12,000 SF, 4-Unit Industrial Building, $2.1M

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional investment opportunity presents a 12,000-square-foot industrial building in Houston, Texas, situated at 10541 Cypress Creek Pkwy, 77070. The property consists of four individual 3,000-square-foot units, each featuring a private office build-out and warehouse space complete with an overhead door. Three of the units are currently vacant, offering immediate flexibility for owner-occupancy or leasing to new tenants. One unit is occupied by an existing tenant who intends to remain. The building boasts key features attractive to a wide range of businesses, including air-conditioned offices in each unit and three-phase power throughout. The asking price is $2,100,000, translating to $175 per square foot and $525,000 per unit. The property is offered on a gross lease basis and is currently partially tenant-occupied, providing immediate income potential. This versatile property is ideal for owner-users seeking a combination of office and warehouse space or investors looking for a multi-tenant income-producing asset in a prime Houston location. The property can be delivered vacant or with the existing tenant in place, providing options to suit various investment strategies. This is a rare opportunity to acquire a well-maintained, income-producing industrial property in a thriving market. The property is located in Harris County, offering easy access to major transportation routes and amenities.

    Property Features for 10541 Cypress Creek Pkwy

    General Information

    Property type
    Distribution properties
    Square Feet
    12,000 SF

    Building Details

    Units
    4

    HighLights

    • $2,100,000 asking price for this income‑producing industrial property.
    • Air‑conditioned offices are available in each unit.
    • The property features 3‑phase power.
    • Four 3,000 SF units, each with private offices, warehouse space, and an overhead door.
    Property Profile Location Intelligence

    Current Use by Public Records

    QQ spa Massage Spa Skyline Hookah Lounge Hookah Bar Granger performance Car Repair And Maintenance Service Galuxc Lounge and Dispensary Event Venue Luna Hookah Lounge Hookah Bar

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.579059548305
    Latitude
    29.934908435578

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    FAQs

    What type of property is this?
    Distribution property - 12,000 SF, 4-Unit Industrial Building, $2.1M
    Where is this distribution property located?
    The property is located at 10541 Cypress Creek Pkwy Houston, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price for this income-producing industrial property.; Air-conditioned offices are available in each unit.; The property features 3-phase power.
    Request Owner's contact information
    10541 Cypress Creek Pkwy Houston, TX 77070
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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
    10541 Cypress Creek Pkwy Houston, TX 77070
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