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Property profile & analytics
OFF-MARKET Estimated value $9,920,000
Distribution centers

11217 Telephone Rd Houston, TX 77075-4525

102,742 SF 20.81 ac lot Built 2023
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US82-3961514
Property summary
AI-generated overview

This exceptional Houston industrial property offers 148,273 square feet of immediately available warehouse and distribution space, situated on a 20.81-acre lot at 11217 Telephone Road, Houston, TX 77075. The property boasts two modern, single-story buildings, each featuring 28-foot minimum clear ceiling heights, expansive truck courts (expandable to 185 feet), and ample parking. Building A comprises 93,819 square feet, including 3,329 square feet of spec office space, and offers 142 parking spaces (with potential for 17 more). Building B offers 54,454 square feet, also including 3,329 square feet of spec office space, and provides 98 parking spaces. The property's prime location provides excellent access to Beltway 8, Telephone Road, SH 288, and I-45, ensuring convenient transportation throughout the Houston area. Its strategic location also offers quick access to Pearland and the Inner Loop. The property is designed with sustainability in mind, incorporating conduit for EV charging stations and a roof suitable for solar panel installation. The flexible layout allows for multiple points of ingress/egress, and additional acreage is available for outdoor storage or trailer parking. Minimum divisible space is 15,600 square feet, with a maximum contiguous space of 99,000 square feet. Built in 2024, this property is ready for immediate occupancy.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2023
Construction CONCRETE
Total area 102,742 SF
Lot 20.81 ac (906,614 SF)
APN 1470150010001
UPID US82-3961514
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.64M
Comparable Approach Comparable
$8.21M
Blend (final) Blend
$9.92M
Owner & transaction history
TELEPHONE OWNER LLC
TELEPHONE OWNER LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $16.1M +179.7%
Restaurant $10.4M +79.9%
Auto repair, garage $8.1M +39.4%
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