10 Milby St Houston, TX 77003
This exceptional 34,000-square-foot industrial property, located at 10 N Milby St in Houston, Texas, 77003, presents a unique leasing opportunity in the vibrant East Downtown area. The single, one-story building, constructed in 1930 and extensively renovated in 2023, offers flexible space configurations ranging from 8,500 to 34,000 contiguous square feet, accommodating a variety of business needs. The property boasts a Class B rating and features five loading docks with five dock-high doors, ensuring efficient logistics. High ceilings reaching 14 feet provide ample vertical space, while significant recent capital improvements enhance functionality and aesthetics. These upgrades include new LED lighting, updated windows and skylights, renovated restrooms, roof repairs, and office build-outs. The property sits on a 0.88-acre lot and benefits from 3-phase 480V power. Its strategic location near Commerce Street offers excellent access to major transportation routes. This is an ideal space for warehouse, distribution, or creative office uses. The property is currently fully vacant and ready for immediate occupancy. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.