2827 Barker Cypress Rd Houston, TX 77084-5634
- Warehouses
- 13,806 SF
- 3.00 lot acres
Current Use by Public Records
- Silversand Services / Landscaper / General Contractor
Property Details for 2827 Barker Cypress Rd
- Year built
- 2008
- Construction
- METAL FRAME
- Lot size
- 3.00 lot acres
- Property size
- 13,806 SF
- Property type
- Warehouses
- APN
- 1318500010001
- APU
- 1318500010001
Description
This exceptional Class A industrial property, located at 2827 Barker Cypress Rd in Houston, Harris County, Texas, 77084, presents a compelling investment opportunity. The property consists of three buildings totaling 30,400 square feet on a 3-acre lot. The asking price is $4,715,975, with a strong Net Operating Income (NOI) of $371,520. The property features a 10-year NNN lease, expiring January 31, 2028, with a tenant termination option requiring 18 months' notice. Building 1 offers approximately 9,200 square feet of climate-controlled, two-story office space. Building 2 comprises approximately 9,600 square feet of clear-span warehouse space and 1,000 square feet of fully insulated office space, boasting 18-foot eave height, warehouse lighting, and two grade-level doors. Building 3 includes approximately 11,600 square feet of clear-span warehouse space and 3,000 square feet of office space, featuring a 25' x 120' storage mezzanine, 18-foot eave height, warehouse lighting, and six grade-level doors. The property was built in 1983 and includes a total of eight dock-high doors across the three buildings. This well-maintained property offers significant potential for long-term income and appreciation. The property is situated in a prime Houston location, offering easy access to major transportation routes.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $710,000
Market price range: $427k - $710k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $515,000 Current use
- RETAIL STORES
- $640,000 Change: +24% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.6883
- Latitude
- 29.8088
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA