5101 Canal St Houston, TX 77011-2253
This exceptional Houston industrial property at 5101 Canal St, zip code 77011, offers 5,000 square feet of versatile space, divisible into units as small as 1,500 square feet. The single-story building, renovated in 2012, features a 17-foot ceiling height, ideal for various uses. Three dock-high doors and three drive-in doors provide convenient access for loading and unloading. The property sits on a 5,000 square foot lot with excellent Canal Street frontage. The building is currently divided into three suites. Suite A comprises 1,473 square feet, including a 423 square foot private office and 1,050 square feet of open space. Suite B offers 1,961 square feet, with a 196 square foot office and 1,765 square feet of flexible open space. Suite C is available for customized build-out to meet tenant specifications. This location provides a dynamic Houston business environment with ample room for expansion and adaptability, making it perfect for businesses seeking flexible and functional warehouse or distribution space. The property is classified as Industrial, Special Purpose, with Flex, Warehouse, and Distribution subtypes. Multiple tenancies are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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