12975 Market St Houston, TX 77015
This exceptional Houston industrial property offers a total of 57,205 square feet across three buildings situated on a 4.81-acre lot. The property boasts approximately 381 feet of frontage on Market Street in Harris County, Texas, within the city limits of Houston (2023 tax rate: 2.014811%). The site features fully paved (8-inch concrete), fenced, and stabilized grounds. Building 1 comprises 28,300 square feet, including an additional 12,000 square feet of overhang not included in the total square footage, an 800-square-foot office space, and interior restrooms. Building 2 offers 26,000 square feet with interior restrooms. Building 3 is a 2,905-square-foot freestanding building with a well-maintained office area featuring a new HVAC system. All buildings are single-story with 22-foot ceilings. The property is currently vacant and zoned without specific zoning restrictions. This owner-user opportunity is priced at $5,434,475 and presents a significant potential for various industrial uses. The property's size, location, and features make it an attractive investment for businesses seeking a substantial industrial footprint in Houston, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.