Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2001 Lyons Ave Houston, TX 77020-2027

    • Flex space
    • 32,810 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimations
    $830,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4602118
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flex space

    Property Details for 2001 Lyons Ave

    Year built
    1948
    Construction
    METAL FRAME
    Lot size
    1.38 lot acres
    Property size
    32,810 SF
    Property type
    Flex space
    APN
    271370000001
    APU
    271370000001

    Description

    This exceptional 14,500-square-foot industrial property, located at 2001 Lyons Ave in Houston, Texas (zip code 77020), presents a unique investment opportunity. The single-tenant building, constructed in 1948 and extensively renovated in 2000, offers a blend of classic industrial character and modern functionality. The property boasts a substantial 28-foot ceiling height, ideal for various manufacturing and distribution operations. Access is facilitated by a single drive-in bay, ensuring efficient loading and unloading. Power is provided by a robust 3-phase, 600-amp/460-volt system, capable of supporting demanding industrial equipment. The property's APN is 027-137-000-0001. Further enhancing its operational capabilities are two 7.5-ton cranes, significantly increasing efficiency and handling capacity. This property is classified as both Manufacturing and Distribution, making it suitable for a wide range of businesses. Its prime location in Houston, Texas offers excellent access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a well-maintained, functional industrial space in a thriving market. The property's solid construction and recent renovations ensure long-term value and operational efficiency. The combination of ample space, high ceilings, robust power, and convenient access makes this an attractive option for businesses seeking a strategic location to expand or consolidate their operations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $840,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $585,000
      Market price range: $352k - $1.08M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3484
    Latitude
    29.7721
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $73,541
    $1,950,000
    $1,050,000
    $3,000,000
    -
    $1,950,000
    $1,050,000
    $3,000,000

    Comparable in this City

    • Value Estimation
      $660,000
      53,586 SF

      1202 Hahlo St

      LIGHT INDUSTRIAL • 53,586 SF
      1202 Hahlo St, Houston, TX 77020-7340
      View Details
    • Value Estimation
      $465,000
      70,105 SF

      1335 Boyles St

      LIGHT INDUSTRIAL • 70,105 SF
      1335 Boyles St, Houston, TX 77020-7561
      View Details
    • Value Estimation
      $700,000
      53,630 SF

      423 Wayside Dr

      LIGHT INDUSTRIAL • 53,630 SF
      423 Wayside Dr, Houston, TX 77020-7516
      View Details
    • Value Estimation
      $525,000
      13,900 SF

      5621 Clinton Dr

      LIGHT INDUSTRIAL • 13,900 SF
      5621 Clinton Dr, Houston, TX 77020-8010
      View Details
    • Value Estimation
      $555,000
      89,012 SF

      701 Plastics Ave

      LIGHT INDUSTRIAL • 89,012 SF
      701 Plastics Ave, Houston, TX 77020-8024
      View Details
    • Value Estimation
      $665,000
      27,840 SF

      5900 Clinton Dr

      LIGHT INDUSTRIAL • 27,840 SF
      5900 Clinton Dr, Houston, TX 77020-8108
      View Details

    Similar Nearby for Sale

    • $720,000
      9,240 SF

      Mixed-Use Building with Warehouse

      9,240 SF mixed-use building with warehouse and apartments.
      7528 Gainesville St, Houston, TX 77020
      View Details
    • $1,050,000
      10,074 SF

      Metal Warehouse on Large Lot

      10,074 SF warehouse on 45,792 SF land in Houston.
      414 Schweikhardt St, Houston, TX 77020
      View Details
    • Contact for pricing
      75,839 SF

      Houston Warehouse Space Available

      75,839 SF warehouse space in Houston, Texas.
      1202 Hahlo St, Houston, TX 77020
      View Details
    • Contact for pricing
      5.60 Acres

      Houston 5.6-Acre Commercial Land

      Prime Houston land, ideal for development. Excellent location & utilities.
      1702 Sakowitz St, Houston, TX 77020
      View Details
    • Contact for pricing
      4.40 Acres

      East Houston 4.4-Acre Development Site

      Prime East End land, ideal for development.
      419 Jensen Dr, Houston, TX 77020
      View Details
    • $69,000

      Two Adjacent Lots in Houston

      Two adjacent unimproved lots with building potential in rapidly rising neighborhood.
      2011 Waco St, Houston, TX 77020
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      50,100 SF

      Industrial Warehouse with Outside Storage

      50,100 SF warehouse with fenced, stabilized storage.
      5702 Armour Dr, Houston, TX 77020
      View Details
    • Contact for pricing
      258,450 SF

      Houston Warehouse: 258,450 SF

      Massive industrial space, ideal for manufacturing.
      1211 Kress St, Houston, TX 77020
      View Details
    • Contact for pricing
      131,612 SF

      Houston Distribution Center

      Three Suites, 65,806 SF Total
      1020 Lockwood Dr, Houston, TX 77020
      View Details
    • $0.58 SF/Yr
      67,200 SF

      Market Street Warehouse Space Available

      67,200 SF warehouse with excellent highway access in Houston.
      8000 Market St, Houston, TX 77020
      View Details
    • Contact for pricing
      53,573 SF

      Houston Warehouse and Distribution Space

      Two-building industrial complex with dock doors and clear height.
      1120 Lockwood Dr, Houston, TX 77020
      View Details
    • Contact for pricing
      283,480 SF

      Houston Warehouse Space Available

      283,480 square foot warehouse space for lease in Houston.
      17506 E Hardy St, Houston, TX 77020
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2001 Lyons Ave
    Houston, TX 77020-2027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.