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    FOR SALE
    Distribution centers

    7438 Wright Rd Houston, TX 77041

    18,989 SF 5 ac lot Built 1972
    Property ID
    US82-3494374
    7438 Wright Rd, Houston, TX 77041 For Sale 1 / 36
    Contact for pricing 18,989 SF
    7438 Wright Rd, Houston, TX 77041
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    Property summary
    AI-generated overview

    This exceptional 18,989-square-foot industrial property in Houston, Texas, presents a unique investment opportunity. Located at 7438 Wright Rd, in Harris County, zip code 77041, this property sits on a five-acre lot and offers a diverse range of structures, ideal for various uses. The complex includes six buildings, all single-story, built between 1972 and 2005. The property features a warehouse with three bays, two office buildings, and ample storage space. Additional amenities include a main house, a guest house, a horse stable, a dog kennel, a dog run, and extensive covered areas. Five commercial septic systems are in place, along with a well, although city utilities are available for connection. The property is fully fenced and offers two entrances. The asking price is $5,000,000, translating to $263.31 per square foot. The property is available for occupancy starting January 2, 2024. The unrestricted nature of the land allows for diverse commercial, residential, or agricultural applications. Note that the new Jersey Village City Hall will be adjacent to the property. This property offers significant potential for a variety of businesses or investors seeking a versatile and well-equipped industrial complex.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1972
    Total area 18,989 SF
    Lot 5 ac (217,800 SF)
    UPID US82-3494374
    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
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