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2821 11th St Houston, TX 77008-6210

Outlet malls Google Maps
25,641 SF 1.28 ac lot Built 1960
Individually Owned 9-yr Hold ~ Est. High Equity
No photos on file
For Sale
Contact for pricing 25,641 SF
2821 11th St, Houston, TX 77008-6210
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Estimated value (blended)
$1.13M
Range $1.01M – $1.24M (±10%)
Property ID US83-2935754

Property summary

AI-generated overview

This exceptional Class A industrial property, located at 2821 W 11th St in Houston, Texas, 77008, offers a unique blend of warehouse, flex, creative office, R&D, and distribution space. The single-story building boasts a total of 25,641 square feet, with a minimum divisible space of 11,000 square feet, making it ideal for a variety of businesses. Situated on 1.285 acres of fully asphalted land, the property features a 15-foot clear height ceiling, enhancing functionality and storage capacity. The building includes approximately 1,162 square feet of office space, complemented by 51 total parking spaces. Loading and unloading are facilitated by two loading docks, one dock-high door, and one drive-in. The property benefits from a robust 480v/3p power supply and a wet sprinkler system for enhanced safety. The building is 100% HVAC and insulated, ensuring a comfortable and energy-efficient environment. Renovated in 2017, this property is ready for immediate occupancy in February 2025. The property is zoned as "No Zoning". This prime location in the Heights submarket offers excellent access to major transportation routes and a thriving business community. Estimated operating expenses are $3.60 per square foot.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1960
Construction CONCRETE BLOCKS
Total area 25,641 SF
Lot 1.28 ac (55,844 SF)
APN 440820000169
UPID US83-2935754

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
  • Furniture & Home Goods Home Decor Store
  • Power Plant Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$930k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.13M

Owner & transaction history

since 2017
5 recorded transactions
2026
Price N/A
2017
Price N/A
2008
Price N/A
1969
Price N/A
1969
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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More about this property
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