11150 Airline DrHouston, TX 77037

For Sale
$2,395,000

8,400 SF Retail/Industrial, 2-Acre Lot

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Houston property presents a compelling value-add investment opportunity. Located at 11150 Airline Dr, Houston, TX 77037, this 8,400 square foot retail/industrial building sits on a 2.03-acre lot. Built in 2017, the existing structure features four bathrooms, four AC units, individual electrical meters, and approximately 25-foot clear heights. The metal building is currently 40% occupied, offering immediate cash flow potential for an owner-user. Approved plans exist for developing two additional buildings, totaling approximately 21,000 square feet, expanding the total potential square footage to approximately 29,400 square feet. The unrestricted zoning in an opportunity zone, combined with existing gas, water, and sewage infrastructure, makes this a highly attractive development prospect. The asking price is $2,395,000, with a price per square foot of $285. This property is ideal for an owner-user seeking retail or industrial space, or for a developer looking to capitalize on the significant expansion potential in a prime Houston location. The property's location in Harris County, with its thriving economy and large population, further enhances its investment appeal.

Highlights

  • 40% occupied, generating positive cash flow.
  • Owner-user opportunity for retail or industrial business.
  • Approved plans for 21,000 SF mixed-use development on a 2-acre lot.
  • Existing 8,400 SF, 2017-built retail/industrial building with four bathrooms, four A/C units, individual meters, and 25' clear heights.
  • Utilities (gas, water, sewer) already in place on the 2-acre site.
  • Unrestricted zoning in an Opportunity Zone.

Property Details for 11150 Airline Dr

Property type
Lifestyle centers, Power centers
Square Feet
8,400 SF
Year Built
2017
Buildings
1
Lot Size (sq. ft)
88,427 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.918453114485
Longitude
-95.405504730379
11150 Airline Dr, Houston, Texas

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11150 Airline Dr
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