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Property profile & analytics
FOR LEASE
Warehouses
13123 Hiram Clarke Rd Houston, TX 77045
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-2822639
For Lease
1 / 6
$18 SF/Yr
13123 Hiram Clarke Rd, Houston, TX 77045
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Property summary
AI-generated overview
This exceptional retail property, located at 13123 Hiram Clarke Rd in Houston, Texas, offers 11,200 square feet of versatile space currently configured as a self-storage facility and a Family Dollar store. Situated in Harris County, zip code 77045, this multi-tenant property presents a unique opportunity for businesses seeking immediate occupancy. A significant portion of the space, totaling 6,300 square feet, is currently vacant and available for lease. Individual units range from a minimum of 1,400 square feet to a maximum contiguous space of 2,100 square feet, providing flexibility for various business needs. The property boasts an impressive 7:1 parking ratio, ensuring ample parking for tenants and their customers. This prime location in Houston offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong foothold in a thriving market. The property's existing infrastructure, including the self-storage and Family Dollar components, provides a solid foundation for future tenants. This is a rare opportunity to secure retail space in a high-traffic area with significant potential for growth. Contact us today to learn more about leasing opportunities and explore the possibilities this property offers.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Construction
METAL FRAME
Total area
22,950 SF
Lot
3.65 ac (159,038 SF)
APN
1397490010003
UPID
US83-2822639
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
-
Space City Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Self-Storage at U-Haul Storage Facility
-
U-Haul Moving & Storage of Hiram Clarke Storage Facility
-
Moving Supplies at U-Haul (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$2.09M
Owner & transaction history
Amerco Real Estate Company · 3 yrs held
Amerco Real Estate Company
since 2023
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+134.1%
Auto repair, garage
$2.6M
+91.0%
Restaurant
$2.5M
+87.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,350,000
Current use
COMMERCIAL (GENERAL)
$3,155,000
Change: +134% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,575,000
Change: +91% · Conversion: Easy
RESTAURANT
$2,525,000
Change: +87% · Conversion: Difficult
OFFICE BUILDING
$1,595,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$1,595,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$1,465,000
Change: +9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,435,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$8,048,735
Assessed 2024
Assessed land
$1,366,880
Assessed improvement
$6,681,855
Land market value
$1,366,880
Improvement market value
$6,681,855
Total market value
$8,048,735
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
2017
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Total area
22,950 SF
Lot
3.65 ac (159,038 SF)
APN
1397490010003
UPID
US83-2822639
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
8
Lot
3.65 ac
Current owner
From public records · entity-resolved
Amerco Real Estate Company
Entity
Free & Clear · 3 yrs held
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2023
—
Amerco Real Estate Company
Space City Self Storage LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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