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11989 Fm 529th Rd Houston, TX 77041-3011

OFF-MARKET Flex space Google Maps
34,590 SF 2.59 ac lot Built 2008
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$1.05M
Range $945k – $1.16M (±10%)
Property ID US82-6182613

Property summary

AI-generated overview

This exceptional 34,875-square-foot warehouse is situated on a 7.3-acre lot in Houston, Texas, within Harris County. Built in 1979, this single-story industrial property offers a single-tenant occupancy and boasts a substantial 28-foot ceiling height, ideal for various storage and operational needs. The property consists of one building and is conveniently located near US Highway 290, providing easy access to Downtown Houston, approximately 20 miles away. Its location in Northwest Houston offers a strategic advantage for businesses seeking efficient transportation links. The property's size and features make it suitable for a wide range of industrial uses. The address is 11989 FM 529, Houston, TX 77041. While the property's history includes separate structures used for parking and warehousing, the current configuration presents a significant opportunity for a single tenant to occupy the entire 34,875 square foot space. This presents a rare chance to secure a substantial warehouse in a prime Northwest Houston location with convenient access to major transportation arteries.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2008
Construction METAL FRAME
Total area 34,590 SF
Lot 2.59 ac (112,725 SF)
APN 421380000083
UPID US82-6182613

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
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$787k
Blend (final) Blend
$1.05M

Owner & transaction history

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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