- Built in 1951
- Well Suited for Owner Occupancy
- 1.27 AC Lot
- Strategically positioned asset inside Loop 610 and only 3.4 miles from downtown with a new roof installed in 2023 and a move-in-ready interior.
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Houston's extensive infrastructure and strong economic environment make it an ideal place for industrial property investment. Its location near Galveston Bay and the Gulf of Mexico positions the city as an important center for logistics, manufacturing, and trade. For investors looking into the market, understanding what is commercial real estate is an essential first step to finding the right industrial properties for sale. The city's economic variety, highlighted by the world's largest medical complex and the port's top rank in international waterborne tonnage, adds to the industrial sector's appeal. Houston's focus on education and transportation also increases its attractiveness by providing a skilled workforce and effective distribution networks crucial for industrial activities.
Industrial properties in Houston gain from the city's wide transport network and closeness to major markets, offering a strategic edge for distribution and logistics. These properties benefit from Houston's role in international trade, especially with the Port of Houston. Beyond industrial spaces, the city offers warehouses, which are opportunities for businesses needing storage or distribution centers. Additionally, those looking for a "like-kind" property for a 1031 exchange can consider the other property types available in Houston such as hotels, warehouses, or offices, which have potential for development in a growing city. Apartment buildings and other commercial real estate in Houston serve the expanding population and workforce, enhancing the area's investment prospects.
The average price per square foot for Industrial Properties in Houston is $195 with varied sizes and features.
Industrial Property Cap Rate | Cap Rate Percentage |
---|---|
Maximum | 9.5% |
Average | 6.53% |
Minimum | 1% |
Industrial Property Size | Square Feet |
---|---|
Maximum | 900,000 SF |
Average | 44,515 SF |
Minimum | 675 SF |
Industrial Property Price | Price Per SF |
---|---|
Maximum | $2,120 Per SF |
Average | $195 Per SF |
Minimum | $50 Per SF |
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