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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Distribution centers

415 Blueberry St Houston, TX 77018-5626

22,695 SF 2.69 ac lot Built 1978
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3797514
Property summary
AI-generated overview

This exceptional freestanding warehouse, located at 415 Blueberry in the Pine Forest 5 area, offers 21,478 square feet of versatile industrial space, perfect for a variety of businesses. The property boasts a substantial 19,455 square feet of warehouse area, complemented by 2,023 square feet of well-appointed office space. The building features convenient front loading access via seven dock-high doors and one ramp, ensuring efficient loading and unloading operations. The 18-foot clear height provides ample vertical space for storage and operations. A significant advantage is the inclusion of a fenced truck court, providing secure and convenient parking and maneuvering space for large vehicles. The single-tenant occupancy ensures exclusive use of the entire facility, offering privacy and control. This property presents a rare opportunity to acquire a well-maintained, functional warehouse in a desirable location. The building's layout and features are designed for optimal efficiency and productivity, making it an ideal choice for businesses seeking a high-quality industrial space. The property is currently vacant and ready for immediate occupancy. This is a turnkey solution for businesses needing a substantial and well-equipped warehouse facility. The combination of size, features, and location makes this an exceptional investment opportunity.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1978
Construction STEEL FRAME
Total area 22,695 SF
Lot 2.69 ac (116,959 SF)
APN 1086980000001
UPID US82-3797514
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
  • A Finer Event Party Supply Store Rental Equipment Company
  • Industry Partners Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.39M
Owner & transaction history
Houston-pine Forest M LLC · 9 yrs held
Houston-pine Forest M LLC
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.8M +37.0%
Office building $1.6M +19.7%
Medical building $1.5M +9.8%
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