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    5011 Navigation Blvd Houston, TX 77011

    For Lease
    Contact for pricing

    Three premium industrial spaces, Houston.

    Lot size:
    21,343 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Houston property offers three versatile warehouse spaces totaling 21,343 square feet, ideal for various industrial and creative office uses. Located at 5011 Navigation Blvd in the Eado district, zip code 77011, this Class C property sits on a 0.45-acre lot (20,000 square feet) and boasts a 1.06 building floor area ratio. The single, two-story building, constructed in 1955 and extensively renovated in 2023, features three divisible suites with minimum sizes of 3,245 square feet and a maximum contiguous space of 13,348 square feet. Ceiling heights range from 9 to 18 feet. The property includes ample parking with 23 spaces. Space #1 offers 3,568 square feet on the ground floor and an additional 3,245 square feet of office space upstairs, including 13 individual offices and 100 feet of road frontage on Navigation Blvd. Space #2 provides 4,990 square feet of single-story open warehouse space with a 12-foot overhead grade-level door. Space #3 comprises 4,790 square feet on the ground floor and a 4,750-square-foot mezzanine level, also featuring a 12-foot overhead grade-level door. The property is zoned N/Ap, Houston. The APN is 013-100-021-0023. This is a rare opportunity to acquire a fully renovated, multi-tenant industrial property in a thriving Houston location.

    Property Features for 5011 Navigation Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,343 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1955/2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Divisible Spaces
    Size
    13,348 SF

    HighLights

    • Triple Net (NNN) Lease, Office/Showroom/Warehouse Space
    • Abundant Parking
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A.J. Rod Co. Distribution Service OISHII IMPORTS Car Dealer Riley's (Vintage) Camera ... Camera 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
    -95.321452752356
    Latitude
    29.750426802435

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    FAQs

    What type of property is this?
    Distribution property - Three premium industrial spaces, Houston.
    Where is this distribution property located?
    The property is located at 5011 Navigation Blvd Houston, TX.
    What are key features of this property?
    This property features: Triple Net (NNN) Lease, Office/Showroom/Warehouse Space; Abundant Parking;
    Request Owner's contact information
    5011 Navigation Blvd Houston, TX 77011
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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
    5011 Navigation Blvd Houston, TX 77011
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