This exceptional 11,200-square-foot industrial property, located at 511 Rankin Circle N in Houston, Texas, presents a compelling investment opportunity. Built in 2005, this Class B building sits on a generous 1.98-acre lot, offering ample space for operations and potential expansion. The warehouse boasts a desirable 16-foot clear ceiling height, providing significant vertical storage capacity. Two dock-high doors ensure efficient loading and unloading, complemented by additional grade-level doors for convenient access. The property's manufacturing and warehouse subtype makes it suitable for a variety of industrial uses. Its location in Harris County, Texas, with a 77073 zip code, offers convenient access to major transportation routes and a thriving industrial market. The existing structure provides a solid foundation, with the added benefit of expansion capabilities to accommodate future growth. This property is ideal for businesses seeking a well-maintained, spacious, and strategically located industrial facility in the heart of Houston. The ample lot size and existing infrastructure provide a strong base for immediate occupancy and long-term growth potential. This is a rare opportunity to acquire a functional and expandable industrial space in a prime Houston location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,524,103
Hospitality
$3,228,060
Educational
$2,685,708
Medical
$2,778,073
Retail
$4,177,768
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.9688
Longitude
-95.411
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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