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    8614 Veterans Memorial Dr Houston, TX 77088

    Sponsored
    For Sale
    $1,850,000

    Prime location, two buildings, ample space.

    Property size:
    2,074 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Houston property, located at 8614 Veterans Memorial Drive, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The property encompasses two buildings totaling approximately 14,074 square feet on a two-acre lot. One building provides approximately 2,074 square feet of executive office space, while the second building offers approximately 12,000 square feet of versatile shop, office, and warehouse space, including a mezzanine. The property boasts a significant 158-foot frontage on Veterans Memorial Drive, providing excellent visibility and accessibility. Features include a 21-foot eave height (estimated 24-26 feet at the center), substantial outside covered storage on two sides, three-phase 480-volt power service, and a three-ton bridge crane. The property is zoned for mixed use, allowing for residential, retail, or light industrial applications. Its convenient location offers close access to I-45, enhancing its logistical appeal. The asking price is $1,850,000. This property presents a compelling investment opportunity with potential for expansion given the ample land available.

    Property Features for 8614 Veterans Memorial Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    2,074 SF
    Lot Size
    87,120 SF

    Building Details

    Buildings
    2

    HighLights

    • 14,074 SF Office/Warehouse building on a 2‑acre lot.
    • Two buildings: 2,074 SF office building and 12,000 SF shop/office/warehouse with mezzanine.
    • Extensive outside covered storage.
    • 21‑foot eave height (approx. 24‑26 feet at center).
    • 2‑acre lot with expansion potential.
    • 158 feet of frontage on Veterans Memorial Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Werther International Air Compressor Supplier Silent Aire Technology Manufacturer Super Silent Compressors Air Compressor Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.418511
    Latitude
    29.8854238

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    FAQs

    What type of property is this?
    Distribution property - Prime location, two buildings, ample space.
    Where is this distribution property located?
    The property is located at 8614 Veterans Memorial Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 14,074 SF Office/Warehouse building on a 2-acre lot.; Two buildings: 2,074 SF office building and 12,000 SF shop/office/warehouse with mezzanine.; Extensive outside covered storage.
    Request Owner's contact information
    8614 Veterans Memorial Dr Houston, TX 77088
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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
    8614 Veterans Memorial Dr Houston, TX 77088
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