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Property profile

3123 Farrell Rd Houston, TX 77073

OFF-MARKET
Warehouses
Property ID
US82-9354521
View Sample
8,090 SF 0.84 ac lot Built 2014
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 6,000-square-foot manufacturing facility in Harris County is ready for immediate occupancy. The single-tenant building sits on a 0.84-acre lot, fully fenced and gated for enhanced security. The property boasts a spacious interior with approximately 1,975 square feet of office space, providing ample room for administrative functions. The high ceilings, measuring approximately 20 feet, offer significant vertical clearance for various manufacturing processes. Loading and unloading are efficient with two 14' x 16' grade-level loading doors. The property is equipped with robust 3-phase, 480V power, ensuring sufficient electrical capacity for demanding operations. Conveniently located with easy access to major transportation arteries, including the Hardy Toll Road, FM 1960, and I-45, this property offers excellent logistical advantages. Water and sewer services are provided by MUD. This is a prime opportunity for businesses seeking a well-maintained, strategically located manufacturing space. The property is completely vacant and available for immediate lease. Don't miss this chance to secure this ideal manufacturing facility.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2014
Construction METAL FRAME
Total area 8,090 SF
Lot 0.84 ac (36,682 SF)
APN 1318490010003
UPID US82-9354521

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
  • Factory Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
2015
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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