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Property profile

3371 Dixie Dr Houston, TX 77021

Warehouses
Property ID
US82-5181129
View Sample
6,600 SF 0.14 ac lot Built 1960
Entity Owned 3-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This 1,500-square-foot warehouse in Houston, Texas, is situated on a 0.142-acre lot (APN 033-201-003-0017) and is offered at $650,000, translating to $56.03 per square foot and approximately $4,567,814.48 per acre for the land. Located at 3371 Dixie Drive, Houston, TX 77021 (Harris County), this industrial property provides ample parking. The property is conveniently located near downtown Houston and the Texas Medical Center, with easy access via Highway 288. Directions include taking Highway 288 downtown to Holcomb, bearing left onto Old Spanish Trail, then left onto Peerless Street, with the property on the right at the intersection of Dixie and Peerless. The surrounding area shows signs of recent development. Potential buyers are advised to independently verify all measurements and details. This warehouse presents a compelling investment opportunity in a rapidly growing area of Houston.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Construction METAL FRAME
Total area 6,600 SF
Lot 0.14 ac (6,199 SF)
APN 332010040013
UPID US82-5181129

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
  • Warehouse & Storage
  • General Contractor
  • Training Center Tutoring Service
  • Physician
  • Church

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2014
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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