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Property profile & analytics
OFF-MARKET Estimated value $1,625,000
Distribution centers

2525 Fairway Park Dr Houston, TX 77092-7606

102,069 SF 4.53 ac lot Built 1973
Individually Owned Absentee Owner Free & Clear
Property ID
US82-2242109
Property summary
AI-generated overview

This exceptional 60,260-square-foot warehouse in Northwest Harris County presents a unique sublease opportunity. Situated in the desirable Fairway Park area, this industrial property offers immediate occupancy with a lease term extending into early 2029. The building features three loading docks, three dock-high doors, and one drive-in door, ensuring efficient loading and unloading operations. The property is fully sprinklered, providing essential fire protection. The current rent is below market value, representing a significant cost advantage for the tenant. This multi-tenant building offers a total of 60,260 square feet, with no smaller divisible units available. The property boasts excellent access to major transportation arteries, including Hempstead Highway, Highway 290, Loop 610, and Interstate 10, facilitating seamless distribution throughout the region. This is a direct deal with the landlord, offering a streamlined and efficient leasing process. The asking rent is $0.70 per square foot, gross. This presents a compelling opportunity for businesses seeking a well-located, functional, and cost-effective warehouse space. Don't miss this chance to secure a prime industrial property in a thriving submarket.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1973
Construction STEEL FRAME
Total area 102,069 SF
Lot 4.53 ac (197,266 SF)
APN 1048250000001
UPID US82-2242109
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
  • Pro Parts Center Auto Parts Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M
Owner & transaction history
ALBERT H HERZSTEIN
ALBERT H HERZSTEIN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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