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Property profile & analytics
FOR LEASE
Warehouses

11011 S Wilcrest Dr Houston, TX 77099

21,803 SF 1.43 ac lot Built 1983
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3340836
Property summary
AI-generated overview

This exceptional retail opportunity is located at 11011 S. Wilcrest Dr. in Harris County. The property consists of a single, Class C building totaling 62,500 square feet, offering a multi-tenant environment. Currently, two retail spaces are available, perfectly suited for a variety of businesses. One space measures 212 square feet, while the other offers 253 square feet. The property boasts excellent visibility, making it an ideal location to attract customers. The building's strategic placement ensures high foot traffic and easy accessibility. This is a fantastic chance for businesses seeking a well-established retail presence in a thriving area. The property's size and layout provide flexibility for various retail concepts. The multi-tenant nature of the building fosters a collaborative atmosphere and shared amenities. This prime retail space offers a unique opportunity to establish or expand your business in a high-traffic area with excellent visibility. Don't miss out on this chance to secure a prominent retail location in a bustling commercial district. The property is categorized as retail, with multiple tenancies available. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Construction WOOD FRAME
Total area 21,803 SF
Lot 1.43 ac (62,291 SF)
APN 1023280000006
UPID US82-3340836
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
  • Exceptional Care Health and Wellness Gym & Fitness Center Alternative Medicine Practice
  • Kefiro Sites Advertising Agency Marketing & Advertising
  • Speedy Title & Tax Service I Tax Preparation
  • Pecan Insurance Agency Insurance Agency
  • Firestone Computer Solutions Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
$878k
Blend (final) Blend
$645k
Owner & transaction history
Thien Thuy Wilcrest I LLC · 5 yrs held
Thien Thuy Wilcrest I LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $950,000 +50.8%
Apartment house (5+ units) $680,000 +7.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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