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10400 Westoffice Dr Houston, TX 77042

Warehouses Google Maps
22,874 SF 2.39 ac lot Built 1979
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$645k
Range $581k – $710k (±10%)
Property ID US82-4538086

Property summary

AI-generated overview

This exceptional Houston, Texas industrial warehouse property, located at 10400 Westoffice Drive, offers multiple suite options for lease. The building totals 36,400 square feet and comprises five individual suites, providing flexibility for various business needs. Currently, 7,868 square feet of space is available for lease, with individual suites ranging from a minimum of 1,350 square feet to a maximum contiguous space of 2,070 square feet. This prime location in Harris County, with easy access to major transportation routes, makes it an ideal choice for businesses seeking efficient and strategically located warehouse space. The property's multiple tenancy structure allows for a diverse range of potential tenants, creating a vibrant and dynamic business environment. The address is 10400 Westoffice Drive, Houston, TX 77042. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is a fantastic opportunity to secure high-quality warehouse space in a thriving Houston market. The property is classified as industrial, with a warehouse subtype.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction STEEL FRAME
Total area 22,874 SF
Lot 2.39 ac (104,257 SF)
APN 1063530000003
UPID US82-4538086

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service General Contractor
  • Marketing & Advertising Printing Service
  • General Contractor
  • Industrial Manufacturer Production Facility
  • Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$645k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $700,000 +48.9%
Neighborhood: shopping center $645,000 +36.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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