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    FOR LEASE
    Strip malls

    718 W 18Th St, Houston, TX 77008

    4,900 SF 0.75 ac lot Built 1973
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US83-0433362
    Property summary
    AI-generated overview

    This exceptional Houston property, Lowell Street Market, offers 11,000 square feet of adaptable warehouse space ideally situated at the corner of West 18th Street and North Shepherd Drive in the vibrant Heights neighborhood. Currently configured as two separate suites, this multi-tenant building presents a unique opportunity for businesses seeking flexible and creative spaces. The property boasts a minimum divisible space of 912 square feet, with a maximum contiguous space of 1,230 square feet. A total of 2,142 square feet is currently vacant and ready for immediate occupancy. The building's adaptive reuse design seamlessly blends industrial character with modern retail functionality, making it perfect for a variety of uses. Located in Harris County, Texas, with a Houston, TX 77008 zip code, this property benefits from excellent visibility and accessibility. The building's location within the thriving Heights area offers high foot traffic and proximity to a diverse range of businesses and residential areas. This is an exceptional opportunity to secure prime warehouse space in a highly desirable and rapidly developing Houston neighborhood. The property's unique character and flexible layout make it an ideal choice for businesses seeking a distinctive and functional space. Contact us today to learn more about this exciting opportunity.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1973
    Construction METAL FRAME
    Total area 4,900 SF
    Lot 0.75 ac (32,748 SF)
    APN 1378940010001
    UPID US83-0433362
    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
    • Airmaker, Inc. Hardware & Home Improvement HVAC Service
    • Snooze, an A.M. Eatery Restaurant
    • ONESWEAT Stretch + Wellness Gym & Fitness Center Alternative Medicine Practice
    • Vuji Cafe Take-out & Catering
    • Heights Eye Care Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $935k
    CAP Approach CAP
    $1.16M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.05M
    Owner & transaction history
    Ap Houston Heights II LP
    Ap Houston Heights II LP
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $980,000 +373.4%
    Auto repair, garage $640,000 +208.8%
    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?”
    More about this property
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