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Property profile & analytics
FOR SALE
Retail space

2417 Sabine St Houston, TX 77007

6,300 SF 0.31 ac lot Built 1940
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0110016
Property summary
AI-generated overview

This exceptional 6,300 square foot industrial property, located at 2417 Sabine St in Houston, Texas, presents a compelling investment opportunity. Built in 1940, the warehouse sits on a substantial 23,339-acre lot, offering significant expansion potential. Currently zoned for industrial use, the property is ideally suited for distribution and warehouse operations. Its prime location in the rapidly gentrifying area provides convenient access to both Downtown Houston and the Heights, making it an attractive option for businesses seeking a blend of functionality and urban proximity. The asking price is $900,000. The substantial lot size offers considerable flexibility for future development or expansion. This property represents a rare chance to acquire a large, well-located warehouse in a thriving Houston neighborhood, ideal for those seeking a strong return on investment. The property's existing structure provides a solid foundation for a variety of uses, including potential conversion into creative office space, given its location and the neighborhood's ongoing revitalization. The property's size and location in Harris County, zip code 77007, make it a highly desirable asset in the Houston real estate market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction CONCRETE BLOCKS
Total area 6,300 SF
Lot 0.31 ac (13,499 SF)
APN 400280000100
UPID US82-0110016
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sagis Ventures LLC · 10 yrs held
Sagis Ventures LLC
since 2016
7 recorded transactions
2016
Price N/A
2015
Price N/A
2015
Price N/A
2010
Price N/A
2006
Price N/A
2005
Price N/A
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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