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2727 11th St Houston, TX 77008-6208

OFF-MARKET Distribution centers Google Maps
27,986 SF 1.44 ac lot Built 1965
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$820k
Range $738k – $902k (±10%)
Property ID US82-2819845

Property summary

AI-generated overview

This exceptional retail property, located at 2727 W 11th St in Houston, Texas, offers a substantial 30,000 square feet of vacant space within a larger 38,386 square foot building. The property is classified as Class C and was constructed in 1965. Situated on a 1.44-acre lot in Harris County (APN: 0440820000632), this single-tenant space presents a unique opportunity for a variety of businesses. The property boasts 18 total parking spaces, providing ample convenience for customers and employees. Its location offers excellent visibility and accessibility, making it an ideal location for a showroom or restaurant. The property's proximity to high-end businesses such as PRIME 131 and Tom James ensures a high-quality clientele. This substantial space provides significant potential for a business seeking a prominent location in a thriving Houston neighborhood. The zip code is 77008. This is a single-tenant retail property.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1965
Construction CONCRETE BLOCKS
Total area 27,986 SF
Lot 1.44 ac (62,622 SF)
APN 440820000632
UPID US82-2819845

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store
  • Interior Design
  • Furniture & Home Goods
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$886k
Blend (final) Blend
$820k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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