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Property profile & analytics
OFF-MARKET Estimated value $29,020,000
Distribution centers

6464 Northdale St Houston, TX 77087

300,195 SF 37.39 ac lot Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US83-2773837
Property summary
AI-generated overview

This exceptional 97,336-square-foot executive office building, situated on a generous 7.3-acre lot in Harris County, presents a unique leasing opportunity. The single-tenant space offers unparalleled flexibility, with divisibility options down to 30,000 square feet, catering to a range of business needs. The building boasts impressive features including a 32-foot ceiling height, providing ample vertical space, and a thoughtfully designed layout with 54' x 60' typical column spacing and 60' speed bays. The property includes an extensive 108-car parking lot, along with 42 trailer parking spaces, and ample excess land ideal for outside storage or additional parking expansion. The building is equipped with a state-of-the-art ESFR sprinkler system and robust 3-phase 480V power with a substantial 2,000-amp capacity. The property benefits from a low tax rate of 2.68% and is conveniently located outside of the 500-year floodplain. Modern amenities include 2,262 square feet of LED lighting and a white-boxed warehouse space. The master-planned business park setting offers a professional and convenient environment, with city of Houston utilities and detention provided. This is a rare opportunity to secure a high-quality, expansive office space in a desirable location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2022
Total area 300,195 SF
Lot 37.39 ac (1,628,752 SF)
APN 1452370010004
UPID US83-2773837
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
$34.00M
Comparable Approach Comparable
$24.05M
Blend (final) Blend
$29.02M
Owner & transaction history
610 BUSINESS DISTRICT ONE LP
610 BUSINESS DISTRICT ONE LP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $42.0M +135.9%
Restaurant $30.9M +73.5%
Auto repair, garage $30.4M +70.6%
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