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1202 Washington, South Houston Ind Warehouse 1202 Washington 9,788 SF Industrial Building South Houston, TX 77587 $900,000 ($91.95/SF) 9.33% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Highly visible Industrial Warehouse on a corner in South Houston, TX. Popular uses include Automotive, Fabrication, Distribution, & more.
  • Optional: 2-Year Seller Leaseback at $7,000/month + NNN ($84,000 NOI/$900,000 = 9.33%)
  • Front lobby with reception area, 4-Offices, Break Room, Warehouse shop space.
  • 8,760 SF Total: Approximately 6,600 SF of Warehouse shop space, & 2,130 SF of Office space on a 14,910 SF lot.
  • South Houston is known for being a business friendly community near I-45 & Hobby Airport.
  • 15+ Off Street Parking, 480V (3-Phase), City water & sewer, Natural gas available, +/-1,000sf outdoor storage area.

EXECUTIVE SUMMARY

Description:
Corner lot Industrial Warehouse in South Houston, TX. 8,760 SF Total: Approximately 6,600 SF of Warehouse shop space, & 2,130 SF of Office space on a 14,910 SF lot. Well-suited for both Owner-Occupants and/or Investment Property- possible multi-tenant configuration. Not far from Hobby Airport & the Port of Houston, near I-45 & Beltway 8. This business district is popular for a wide variety of professional trades. Front lobby with reception area, 4-Offices, Break Room, Warehouse shop space. 15+ Off Street Parking, 480V (3-Phase), City water & sewer, Natural gas available, +/-1,000sf outdoor storage area.
Location Overview:
Southeast of downtown Houston, TX. Corner lot located near I-45, Hobby Airport, 610 Loop, Beltway 8, Port of Houston, La Porte, and more. This business district is popular for a wide variety of professional trades including automotive, shipping, manufacturing, commercial contractors, and more. South Houston is a business friendly community. South Houston is a city in Harris County, Texas, near the Houston Ship Channel, and adjacent to Pasadena. The City is known for its close-knit community, suburban feel, and diverse population.
Property Highlights:
Highly visible Industrial Warehouse on a corner in South Houston, TX.
8,760 SF Total: Approximately 6,600 SF of Warehouse shop space, & 2,130 SF of Office space on a 14,910 SF lot.
Well-suited for both Owner-Occupants and/or as an Investment Property. Popular uses include Automotive, Fabrication, Distribution, & more.
South Houston is known for being a business friendly community near I-45 & Hobby Airport.
Front lobby with reception area, 4-Offices, Break Room, Warehouse shop space.
15+ Off Street Parking 480V (3-Phase) City water & sewer Natural gas available +/-1,000sf outdoor storage area.
Optional: 2-Year Seller Leaseback at $7,000/month + NNN ($84,000 NOI/$900,000 = 9.33% CAP Rate)

FINANCIAL SUMMARY (ACTUAL - 2026)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $84,000 $8.58

FINANCIAL SUMMARY (ACTUAL - 2026)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $84,000
Annual Per SF $8.58

PROPERTY FACTS

Price $900,000
Price Per SF $91.95
Sale Type Investment or Owner User
Cap Rate 9.33%
Property Type
Industrial
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.34 AC
Rentable Building Area 9,788 SF
No. Stories 1
Year Built/Renovated 1963/2018
Tenancy Single
Parking Ratio 1.53/1,000 SF
Clear Ceiling Height 9’
Zoning COM'L BLDG

AMENITIES

  • 24 Hour Access
  • Reception

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Control Valve Systems
  • Manufacturing
  • 8,760 SF
  • $9.59
  • Triple Net
  • Jan 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Control Valve Systems Manufacturing 8,760 SF $9.59 Triple Net Jan 2028

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0340130240001
Land Assessment
$178,920 (2025)
Improvements Assessment
$290,010 (2025)
Total Assessment
$468,930 (2025)
  • Listing ID: 34351053

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: 1202 Washington, South Houston, TX 77587

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