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Property profile & analytics
OFF-MARKET Estimated value $1,175,000
Distribution centers

501 38th St Houston, TX 77018-6401

66,038 SF 2.85 ac lot Built 1979
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2023177
Property summary
AI-generated overview

This exceptional industrial warehouse space, located at 501 W 38th St, Houston, TX 77018, offers 42,825 square feet of versatile space ideal for various business needs. The property is part of the Pine Forest Business Park and features multiple tenancy options. The warehouse boasts a substantial 22-foot clear ceiling height, providing ample room for storage and operations. Loading and unloading are facilitated by ten dock-high doors and one ramp, ensuring efficient logistics. A significant 4,000 square feet of office space is included, providing comfortable administrative areas. The entire space is equipped with a sprinkler system, enhancing safety and security. This property presents a rare opportunity to secure a large, well-equipped warehouse in a prime Houston location. The address is easily accessible, offering convenient transportation links and proximity to major thoroughfares. The building's features and location make it an attractive option for businesses seeking efficient and functional warehouse space in a thriving Texas market. Immediate occupancy is available. Contact us today to schedule a viewing.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1979
Construction STEEL FRAME
Total area 66,038 SF
Lot 2.85 ac (124,137 SF)
APN 1087000000005
UPID US82-2023177
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M
Owner & transaction history
Bco Houston Industrial Ltd · 8 yrs held
Bco Houston Industrial Ltd
since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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