11239 Veterans Memorial Dr Houston, TX 77067
This exceptional 9,400 square foot commercial property, built in 2006, is ideally situated in Houston, Texas, at 11239 Veterans Memorial Dr, 77067. The property boasts a prime location near the intersection of I-45 North and Beltway 8 North, ensuring high visibility and tremendous traffic flow. This well-established and recognizable business offers significant potential for continued success. The single-story building sits on a substantial 43,000 square foot lot and includes 30 parking spaces. The property's classification encompasses retail, industrial, and business uses, making it versatile and adaptable to various needs. Its current configuration as an auto shop and warehouse provides a solid foundation for a variety of business ventures. The property's Assessed Property Number (APN) is 1333000010001. A buyer has the flexibility to establish an absolute net lease structure, offering further investment advantages. This is a rare opportunity to acquire a thriving business with significant upside potential in a high-traffic area. The asking price is $2,500,000.
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Grupo Ruiz Law Firm
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Veterans Auto Center Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.