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Property profile & analytics
OFF-MARKET Estimated value $1,325,000
Distribution centers

1020 Lockwood Dr Houston, TX 77020-7302

123,790 SF 5.67 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
Property ID
US82-2078987
Property summary
AI-generated overview

This exceptional Houston industrial property, located at 1020 Lockwood Dr, 77020, offers three available distribution/warehouse suites within a larger complex in Harris County, Texas. The property features a total of 65,806 square feet of space, divisible into three individual units. Suite 300 encompasses 21,480 square feet, including 510 square feet of office space, four dock-high truck doors with front loading capabilities, and 18-foot clear height. It is sprinklered. Suite 400 offers 44,326 square feet, featuring 496 square feet of office space, ten dock-high truck doors with front loading capabilities, and 27-foot clear height. This suite also includes a drive-in ramp and is sprinklered. Both suites share a 200-foot truck apron. The combined suites offer a total of 14 truck doors, 1,006 square feet of office space, and a fully fenced and gated property. The property's strategic location in Houston provides excellent access to major transportation routes, making it an ideal location for distribution and logistics operations. All suites are equipped with dock-high loading and sprinkler systems. Clear heights vary between 18 and 27 feet.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1968
Construction STEEL FRAME
Total area 123,790 SF
Lot 5.67 ac (246,981 SF)
APN 402620010124
UPID US82-2078987
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
  • All Points warehouse Warehouse & Storage
  • Blue Cube Operations LLC Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.33M
Owner & transaction history
Sl Lockwood LP
Sl Lockwood LP
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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