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Property profile & analytics
FOR SALE
Warehouses

8614 Veterans Memorial Dr Houston, TX 77088

15,125 SF 2 ac lot Built 2001
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2047990
Property summary
AI-generated overview

This exceptional Houston property, located at 8614 Veterans Memorial Drive, offers a combined 14,074 square feet of versatile space ideal for a variety of uses. The property comprises two buildings: a 2,074 square foot office building and a 12,000 square foot shop/office/warehouse with mezzanine space. The warehouse boasts impressive features including approximately 21-foot eave height (estimated 24-26 feet at the center), three-phase 480-volt power, and a three-ton bridge crane. Extensive covered outdoor storage is available on two sides of the building. Situated on approximately 2 acres of land, this property offers ample room for future expansion. The property enjoys excellent visibility with 158 feet of frontage on Veterans Memorial Drive and benefits from convenient access to I-45. The zoning allows for mixed residential, retail, and light industrial uses. This is a rare opportunity to acquire a well-equipped and strategically located warehouse in a thriving Houston market. The asking price is $1,850,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction METAL FRAME
Total area 15,125 SF
Lot 2 ac (87,251 SF)
APN 432310000065
UPID US82-2047990
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
  • Werther International Production Facility Building Supply
  • Silent Aire Technology Industrial Manufacturer Production Facility
  • Super Silent Compressors Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$570k
Owner & transaction history
Max A Lieber · 10 yrs held
Max A Lieber
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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