238 Memory Ln - Light Distribution FOR SALE


Houston, TX 77037
$2,750,000 USD
281-250-4991
238 Memory Ln, Houston, TX for Sale
$2,750,000 USD
Light Distribution - FOR SALE
1/25
null | Request Cap Rate

238 Memory Ln
Houston, TX 77037


HIGHLIGHTS

  • Outside any flood plain.
  • Multiple Units with Drive in Doors, High Ceilings 18 ft Clear Hight , 3-Phase and 1-Phase Power, Loading Dock.
  • Additional undeveloped 1.1 acre lot; Ample Acreage for Additional Development or Business Use; Outside of the 100-year Flood Plain.
  • Strategic point within the city, designated for convenient access from various points throughout the urban area.
  • Close Proximity to Interstate 45, and Texas State Highway Beltway 8, two major highways.
  • Within +/—18.8 miles from Port Houston, +/—12.5 miles from George Bush Intercontinental Airport, and +/—11.6 miles from Houston Downtown.

OVERVIEW

OWNER FINANCING AVAILABLE PRICE REDUCED NOW LISTED AT $2,750,000 25,864 SF Industrial Property with Significant Development Potential Location: 234A-238 Memory Ln, Houston, TX 77037 Price: Contact for details Land: 1.33 acres with improvements + additional 1.1-acre undeveloped lot This prime industrial property, located just outside of Houston's city limits in its extraterritorial jurisdiction, offers an exceptional opportunity for both investors and businesses seeking a secure, versatile space. With a total of 25,864 SF of improvements spread across two industrial buildings and a 1.1-acre undeveloped lot (currently being stabilized and equipped with a retention pond), this property provides a unique combination of ready-to-use space and future development potential. Building 1 – 15,064 SF: Divided into 3 units Each unit equipped with a drive-in door 18’ clear height for ample storage or operations 3-phase power (480 volts, 200 amps) for heavy-duty equipment Office space available for each unit Dual access from the front and rear of the building Building 2 – 10,800 SF: Divided into 4 units Each unit equipped with a drive-in door 18’ clear height Single-phase power Office space available for each unit Dual access from the front and rear of the building The property also features two dock-high loading bays in the common area, making it ideal for businesses requiring easy loading and unloading. The entire lot is fenced and gated, providing enhanced security for operations or storage. Strategically located with quick access to I-45 and Beltway 8, this property offers excellent logistical advantages for transportation and distribution. The surrounding area is a thriving industrial and commercial hub, offering ample opportunities for leasing, immediate use, or even future redevelopment.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

234A-238 Memory Ln, Houston, TX 77037

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

4

PARKING SPACES

16

LAND DETAILS

LAND ACRES

2.43

LAND SF

105,851

ZONING

No Zoning

APN/PARCEL ID

0452020010035,0452020010359,0963390000001,0963390000003

ASK ABOUT THIS PROPERTY

Carlos IglesiasRiverflow Commercial PropertiesMore Info
281-250-4991

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Carlos IglesiasRiverflow Commercial PropertiesMore Info
281-250-4991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.