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Property profile

828 Fm 1960th Rd Houston, TX 77073

OFF-MARKET
Warehouses
Property ID
US83-0215922
View Sample
13,746 SF 0.63 ac lot Built 2015
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 8,400-square-foot warehouse, built in 2015, presents a fantastic opportunity for businesses seeking a single-tenant space. Located at 828 FM 1960, this Class B industrial property sits on a 0.63-acre lot and offers significant advantages. The warehouse boasts a substantial 28-foot ceiling height, providing ample vertical storage capacity. Two convenient drive-in doors (14' x 14') ensure efficient loading and unloading. The property includes 15 car parking spaces, providing ample room for employees and visitors. The building features a robust electrical system with 3-phase, 400-amp service, suitable for a variety of industrial applications. HVAC is installed for climate control. The property's strategic location offers easy access to I-45 and the Hardy Toll Road, enhancing logistical efficiency and accessibility. The entire 8,400 square feet is currently vacant, ready for immediate occupancy and customization to meet your specific business needs. This is a rare opportunity to acquire a well-maintained, modern warehouse in a prime location. The property's features and location combine to create a highly desirable and functional space for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2015
Construction METAL FRAME
Total area 13,746 SF
Lot 0.63 ac (27,469 SF)
APN 1346770010006
UPID US83-0215922

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2020
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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