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Property profile & analytics
OFF-MARKET Estimated value $3,660,000
Warehouses

9191 Gulf Fwy Houston, TX 77017-7020

66,261 SF 3.44 ac lot Built 2015
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US82-0229385
Property summary
AI-generated overview

This exceptional 51,150-square-foot Class B industrial flex/warehouse building, situated on approximately 3.1 acres, presents a prime opportunity. Located on the Gulf Freeway service road, this single-story property offers convenient access to Hobby Airport. The building boasts a desirable multi-tenant configuration, currently 66% occupied with long-term tenants. A significant 7,514-square-foot vacant space is immediately available, featuring slab-ready conditions. The property includes one loading dock with 10' x 14' doors, ample parking (2.46 spaces per 1,000 square feet), and a substantial ceiling height ranging from 18 to 21 feet. Built in 2015, the building features a fully sprinklered system and on-site detention. This location provides excellent visibility and accessibility, making it an ideal choice for a variety of businesses seeking a functional and well-maintained space. The property's strategic location and substantial size offer significant potential for growth and expansion. The existing tenant base demonstrates the property's appeal and long-term viability. This is a rare opportunity to secure a well-positioned, high-quality industrial space in a thriving market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2015
Construction STEEL FRAME
Total area 66,261 SF
Lot 3.44 ac (149,907 SF)
APN 1292280010001
UPID US82-0229385
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
  • Radio Holland Marine Engineer Electronics Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.16M
Blend (final) Blend
$3.66M
Owner & transaction history
Hobby Hotel Group LLC · 13 yrs held
Hobby Hotel Group LLC
since 2013
7 recorded transactions
2014
Price N/A
2014
Price N/A
2013
Price N/A
2012
Price N/A
2006
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $4.9M +63.0%
Apartment house (5+ units) $4.4M +47.0%
Medical building $4.2M +40.8%
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