10541 Cypress Creek Pkwy Houston, TX 77070
- Warehouses
- 3,300 SF
- 2.47 lot acres
Current Use by Public Records
- QQ spa / Massage Spa
- Skyline Hookah Lounge / Hookah Bar / Bar
- Granger performance / Car Repair And Maintenance Service
- Galuxc Lounge and Dispensary / Event Venue / Cannabis Store
- Luna Hookah Lounge / Hookah Bar
Property Details for 10541 Cypress Creek Pkwy
- Year built
- 2004
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.47 lot acres
- Property size
- 3,300 SF
- Property type
- Warehouses
- APN
- 1261890010010
- APU
- 1261890010010
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.5788
- Latitude
- 29.9356
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA