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    Property profile & analytics
    OFF-MARKET Estimated value $2,110,000
    Distribution centers

    1401 Greengrass Dr, Houston, TX 77008-5005

    148,186 SF 5.72 ac lot Built 1969
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US83-4094526
    Property summary
    AI-generated overview

    This 128,459 square foot, single-story Class C industrial property in Houston's Heights submarket offers diverse space options ranging from 200 to 5,000 square feet, perfect for various business needs. Built in 1969, the facility features 22 loading docks, 3 drive-ins, and 98 parking spaces, ensuring efficient operations. Located in Harris County with easy access to Loop 610 (I-610), this prime location benefits from Houston's thriving industrial market. The property provides flexible lease terms and reconfigurable spaces to accommodate evolving business requirements. Amenities include 24-hour access, community loading docks, on-site forklifts, building-wide Wi-Fi, conference rooms, private offices, and CCTV monitoring, all included in a flat monthly rate. The property is ideal for businesses seeking warehousing, industrial, storage, traditional office, executive office, coworking, manufacturing, flex, distribution, R&D, or creative office space. Multiple tenancies are available. This is a unique opportunity to establish a presence in one of the nation's leading industrial markets.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1969
    Construction STEEL FRAME
    Total area 148,186 SF
    Lot 5.72 ac (249,154 SF)
    APN 992230000002
    UPID US83-4094526
    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
    • The Roof Store Big Box & Wholesale Store Building Supply
    • The Marquee Bar Htx Party Supply Store Rental Equipment Company
    • ReadySpaces Warehouse & Storage
    • BGC Global Logistics Company
    • PURE Creative Solutions Advertising Agency Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.11M
    Owner & transaction history
    Sl6 Logistcs LP · 6 yrs held
    Sl6 Logistcs LP
    since 2020
    7 recorded transactions
    2020
    2019
    2018
    2013
    2007
    1997
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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