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Property profile & analytics
FOR SALE
Auto shops

10070 Veterans Memorial Dr Houston, TX 77038

7,700 SF 2.07 ac lot Built 2004
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US82-4611212
Property summary
AI-generated overview

This exceptional 24,300-square-foot industrial property, built in 2017 and renovated in 2022, presents a lucrative investment opportunity in Houston, Texas. Located at 10070 Veterans Memorial Drive, this auto shop and warehouse boasts 7,800 square feet of net rentable space, situated on a 2.07-acre lot. The property features five drive-in bays equipped with lifts, an enclosed office/reception area, and a covered open repair area for additional capacity. Ample storage and inventory space is available, along with extensive paved parking (20,800 sq ft) and excellent signage opportunities. The building benefits from 135 feet of frontage on Veterans Memorial Drive, providing exceptional visibility and accessibility from Forestburg Drive. Its strategic location within a high-density residential and commercial area ensures a captive market and easy access to major freeways including Beltway 8 (1.5 miles), I-45 (1.8 miles), and SH249 (under 3 miles). High daily traffic counts on surrounding roadways further enhance its appeal. The property is situated in Harris County, within the Aldine ISD, and enjoys a favorable tax rate. Owner financing is available for qualified buyers with a $1.5 million down payment. This turnkey operation is ideal for an established business or a savvy investor seeking a high-return asset in a prime Houston location.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2004
Construction METAL FRAME
Total area 7,700 SF
Lot 2.07 ac (90,169 SF)
APN 1030670000218
UPID US82-4611212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Northside Domestic & Import Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$690k
Owner & transaction history
Northside Domestic & Import In · 7 yrs held
Northside Domestic & Import In
since 2019
7 recorded transactions
2022
Price N/A
2019
Price N/A
2019
Price N/A
2009
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $780,000 +8.3%
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