11217 Telephone Rd, Houston, TX 77075
- Distribution centers
- 102,742 SF
- 20.81 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 11217 Telephone Rd
- Year built
- 2023
- Construction
- CONCRETE
- Lot size
- 20.81 lot acres
- Property type
- Distribution centers
- APN
- 1470150010001
- APU
- 1470150010001
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,605,000
- 6.5%
- $11,635,000
- 7%
- $10,805,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $8,210,000
Market price range: $3.30M - $8.21M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $16,145,000
- RESTAURANT
- $10,385,000
- AUTO REPAIR, GARAGE
- $8,050,000
- OFFICE BUILDING
- $7,145,000
- MEDICAL BUILDING
- $6,555,000
- APARTMENT HOUSE (5+ UNITS)
- $6,425,000
- RETAIL STORES
- $5,995,000
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.284
- Latitude
- 29.6018
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
