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Property profile & analytics
OFF-MARKET Estimated value $830,000
Warehouses

7320 Ashcroft Dr Houston, TX 77081-6342

12,600 SF 2.31 ac lot Built 1978
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3516384
Property summary
AI-generated overview

Park Ashcroft Center, located at 7320 Ashcroft Dr, Houston, TX 77081, offers a unique opportunity in the Southwest Houston market. This multi-tenant flex space totals 46,100 square feet and was built in 1978. Currently, one 1,500 square foot space is available for lease. The property's classification as retail, office, and industrial highlights its adaptability to a wide range of businesses. Its location in Harris County provides convenient access to major transportation arteries, including the Southwest Freeway and the 610 Loop, placing it just minutes from The Galleria. The building's design caters to industrial and warehouse needs, featuring grade-level ceiling heights and commercial overhead doors for efficient loading and unloading. This makes it particularly suitable for businesses requiring easy access and ample space for storage or operations. The property's versatility, prime location, and functional design make it an attractive option for businesses seeking a flexible and strategically located space in the thriving Houston market. Interested parties should inquire about the available 1,500 square foot space and explore the possibilities this property offers.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Construction STEEL FRAME
Total area 12,600 SF
Lot 2.31 ac (100,650 SF)
APN 370620040098
UPID US82-3516384
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
  • G-Spot Lounge Bar & Pub Nightclub
  • Houston Eyes Wide Shut Alternative Lifestyle Lounge Nightclub Bar & Pub
  • Ana Medical Supply Medical Supply Store
  • Touched By Topic Post Op Care & Body Spa Spa & Massage Center Alternative Medicine Practice
  • Lacy's Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$824k
Blend (final) Blend
$830k
Owner & transaction history
Park Ashcroft LLC · 8 yrs held
Park Ashcroft LLC
since 2017
6 recorded transactions
2021
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.1M +85.7%
Commercial (general) $920,000 +60.4%
Medical building $805,000 +39.8%
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