Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Warehouses
4200 Blaffer St Houston, TX 77026-4308
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0379039
Property summary
AI-generated overview
This exceptional industrial property, located at 4200 Blaffer St, Houston, TX 77026, offers a substantial 41,511 square feet of warehouse space currently available for lease. Situated on a 3-acre lot in Harris County, this multi-tenant building provides flexible options for businesses of various sizes. The property features a ceiling height of 14 feet, providing ample vertical space for storage and operations. Units are divisible, with a minimum leasable space of 6,577 square feet and a maximum contiguous space of 21,000 square feet, catering to a wide range of tenant needs. The entire 41,511 square feet is currently vacant, presenting a unique opportunity for a single large tenant or multiple smaller tenants. This prime Houston location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking efficient and spacious warehouse facilities. The property's industrial zoning and ample space make it suitable for a variety of uses. Contact us today to learn more about leasing opportunities.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1948
Construction
CONCRETE BLOCKS
Total area
14,000 SF
Lot
1.5 ac (65,340 SF)
APN
402640020035
UPID
US82-0379039
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.43M
Owner & transaction history
Li S Yu · 9 yrs held
Li S Yu
since 2016
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+170.4%
Retail stores
$2.2M
+160.9%
Auto repair, garage
$2.2M
+154.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,715,000
6.5%
$1,585,000
7%
$1,470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,305,000
Change: +170% · Conversion: Difficult
RETAIL STORES
$2,225,000
Change: +161% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,170,000
Change: +154% · Conversion: Easy
RESTAURANT
$1,895,000
Change: +122% · Conversion: Difficult
OFFICE BUILDING
$975,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$895,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$33,522
Tax year 2020
Assessed value
$2,460,432
Assessed 2024
Previous assessed
$2,863,264
-14.1% YoY
Effective rate
1.36%
On assessed value
Assessed land
$326,700
Assessed improvement
$2,133,732
Land market value
$326,700
Improvement market value
$2,133,732
Total market value
$2,460,432
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1948
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
14,000 SF
Lot
1.5 ac (65,340 SF)
APN
402640020035
UPID
US82-0379039
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RESTAURANT
Est. value
$1.9M
OFFICE BUILDING
Est. value
$975,000
MEDICAL BUILDING
Est. value
$895,000
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.5 ac
Current owner
From public records · entity-resolved
Li S Yu
Individual
Mailing address
1810 SHORELINE DR, MISSOURI CITY, TX 77459-1678
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2016
—
Li S Yu
Worstell,harry & Sherlene E
Grant Deed
$700,000 · Harry & Sherlene E Worstell
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4200 Blaffer St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
