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    1200 National St Houston, TX 77007

    For Sale
    Contact for pricing

    39,574 SF Warehouse on 1.61 Acres

    Property size:
    39,574 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 39,574-square-foot warehouse, situated on a 1.61-acre lot (approximately 70,132 square feet), presents a prime redevelopment opportunity in Houston, Texas. Located at 1200 National Street, in the 77007 zip code, this unrestricted property boasts a highly desirable location, offering close proximity to major thoroughfares including I-10 and I-45, as well as Downtown Houston. The property is not located within a floodplain and benefits from city utilities. Currently occupied by a month-to-month tenant paying $11,000 in gross monthly rent, this presents immediate income potential. The existing warehouse structure features reclaimed wood, offering potential reuse or resale value. Surrounded by thriving apartment and retail developments, this site is one of the last remaining large redevelopment parcels in the Washington/Heights area, making it an exceptional investment opportunity within the Harris County HISD school district. The lease is a gross lease.

    Property Features for 1200 National St

    General Information

    Property type
    Distribution properties
    Square Feet
    39,574 SF
    Lot Size
    70,132 SF

    HighLights

    • 39,574 SF warehouse on a 1.61‑acre lot (70,132 SF total).
    • Prime redevelopment opportunity in Houston, TX.
    • Located outside the floodplain and unrestricted.
    • One of the last large redevelopment sites in Washington Heights.
    • Current month‑to‑month tenant pays $11,000/month gross rent.
    • Old wood from the warehouse is reclaimable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    iCAR Auto Glass Auto Glass Shop Houston Historic Salvage ... Store

    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
    -95.3882366
    Latitude
    29.7707191

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    FAQs

    What type of property is this?
    Distribution property - 39,574 SF Warehouse on 1.61 Acres
    Where is this distribution property located?
    The property is located at 1200 National St Houston, TX.
    What are key features of this property?
    This property features: 39,574 SF warehouse on a 1.61-acre lot (70,132 SF total).; Prime redevelopment opportunity in Houston, TX.; Located outside the floodplain and unrestricted.
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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
    1200 National St Houston, TX 77007
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