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Property profile & analytics
OFF-MARKET Estimated value $820,000
Distribution centers

331 Gdn Oaks Blvd Houston, TX 77018-5501

53,905 SF 2.86 ac lot Built 1979
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3314129
Property summary
AI-generated overview

This exceptional 16,602-square-foot industrial property, located at 331 Garden Oaks Blvd, Houston, TX 77018, presents a significant leasing opportunity. The property is classified as a warehouse, boasting a versatile design suitable for commercial, flex, and distribution uses. Currently, the entire space of 16,602 square feet is available for lease. The building features a substantial 22-foot ceiling height, providing ample vertical space for storage and operations. Convenient loading and unloading are facilitated by four dock-high doors and one drive-in door. The property's multiple tenancy designation suggests flexibility in accommodating various business needs. Its strategic location in Houston, Texas, offers excellent access to major transportation routes, enhancing logistical efficiency for businesses operating within the region. This property is ideal for companies seeking a spacious, well-equipped warehouse facility in a prime Houston location. The property's size and features make it suitable for a wide range of industrial and commercial applications. Interested parties are encouraged to inquire further to explore the possibilities this exceptional space offers. The property is ready for immediate occupancy.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1979
Construction STEEL FRAME
Total area 53,905 SF
Lot 2.86 ac (124,743 SF)
APN 1086970000002
UPID US82-3314129
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
  • Gulfstream Digital Marketing & Advertising Printing Service
  • CCJ Development Alternative Medicine Practice
  • Richard Jensen's Furniture Delivery Services Moving Company Storage Facility
  • AV8 MRO Logistics Company Moving Company
  • Gulfstream Graphics Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k
Owner & transaction history
Prologis Texas III LLC · 18 yrs held
Prologis Texas III LLC
since 2008
2 recorded transactions
2008
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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