FOR SALE: INVESTMENT OPPORTUNITY...boom, with major retailers building large distribution...
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1 INVESTMENT OPPORTUNITY | Property Flyer FOR SALE: INVESTMENT OPPORTUNITY 11514 Trickey Road, Houston, TX 77006 Subject Property Gears Road Gears Road Trickey Rd Trickey Rd ±10.62 AC ±10.62 AC Warehouse Warehouse Office Office Aldine ISD Aldine ISD
Transcript of FOR SALE: INVESTMENT OPPORTUNITY...boom, with major retailers building large distribution...
1 INVESTMENT OPPORTUNITY | Property Flyer
FOR SALE: INVESTMENT OPPORTUNITY11514 Trickey Road, Houston, TX 77006
Subject Property
Gears RoadGears Road
Trickey RdTrickey Rd
±10.62 AC±10.62 AC
WarehouseWarehouse OfficeOffice
Aldine ISDAldine ISD
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PROPERTY DETAILS
DEMOGRAPHICS
Property Details
Location: Located on Trickey Rd., 1.5 miles North of Sam Houston Tollway
Price: Warehouse and Office (±0.62 AC): $400,000
Land (±10 Gross AC): $900,000
All Together (±10.62 AC): $1,300,000
Improvements: 4,800 SF of Warehouse with 1,218 SF of mezzanine
1,554 SF Office Space
Utilities: Harris County MUD 5
Detention: Onsite Detention is Likely Required
Frontage: ±575’ on Trickey Rd.
Encumbrances: Floodplain: None Pipelines: None Approximately 2.0 AC Future W. Greens Rd. ROW on North Portion of the Property
Restrictions: None
POPULATION 0-1 MILE 0-3 MILE 0-5 MILE
Est. (2019) 13,047 141,867 340,710
5-Yr Est. Population Growth 0.8% 0.8% 0.8%
Est. Average Household Income $54,277 $51,712 $56,374
DISTRICT JURISDICTIONS 2019 RATE
009 ALDINE ISD 1.347115
040 HARRIS COUNTY 0.407130
041 HARRIS CO FLOOD CNTRL 0.027920
042 PORT OF HOUSTON AUTHY 0.010740
043 HARRIS CO HOSP DIST 0.165910
044 HARRIS CO EDUC DEPT 0.005000
045 LONE STAR COLLEGE SYS 0.107800
305 HC MUD 5 1.050000
647 HC EMERG SRV DIST 17 0.100000
666 HC EMERG SERV DIST 11 0.034707
TOTAL 3.256322
2019 TAX RATES
Gears Road at Trickey Road 19,788 CPD
TRAFFIC COUNTS
Trickey RdTrickey Rd
WAREHOUSE & OFFICE
±2.0 AC Future ROW±2.0 AC Future ROW LAND
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Area Highlights - Region Map
Greenspoint MallGreenspoint MallGears RdGears Rd
TC Jester BlvdTC Jester Blvd
Ella BlvdElla Blvd
Subject Property
Greenspoint Greenspoint The CrossingThe Crossing
Aldine ISDAldine ISD
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Property Survey
HCAD PLAT
250.11’
401.17
108’
728.32’
445.6’
978.26’
108’
250.11’
445.6’
553.6’
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GREENSPOINT HIGHLIGHTS
Area Highlights - Prime Land Site In College StationGREENSPOINT
The North Houston submarket, which includes the area designated as Greenspoint, centers around the intersection of Interstate 45 North and North Sam Houston Parkway, 15 miles north of downtown Houston and minutes from Bush Intercontinental Airport. Formerly named the Greenspoint District, the North Houston District is a management group that works with The Greater Greenspoint Tax Increment Reinvestment Zone (TIRZ) to improve the area’s infrastructure and mobility. The North Houston Regional Economic Development Center, a division of Lone Star College, also works with area groups and companies to ensure the region provides value and profitability to businesses seeking to relocate or to expand to the region.
The North Houston submarket took some hits from the energy industry downturn, and large office vacancies occurred because of tenant moves including ExxonMobil and the American Bureau of Shipping, who both relocated to build-to-suit projects further north. Office leasing has picked up in the area, with tenants focused on the 2.1-msf, six-building CityNorth project, which completed a major renovation after ExxonMobil’s move. Hines developed and previously owned the office park formerly known as Greenspoint Place.
North Houston’s industrial market is at the forefront of the metro’s industrial boom, with major retailers building large distribution warehouses, delivering 31 buildings with 4.8 msf in 2019 with another 4.4 msf in 28 properties. This total also includes Coca-Cola Southwest’s new 1-msf manufacturing facility in Pinto Business Park. Major retailers who recently moved into new projects include Conn’s Home Plus, Grocer’s Supply, Emser Tile and Amazon. Five Below and American Furniture Warehouse each have projects with more than 800,000 sf underway.
The area boasts large green spaces and several specialty, designated parks. The Rockstar Energy Bike Park, a world-class BMX/bike track and park opened in 2019, hosting a national BMX competition. Nearby is the North Houston Skatepark, a competition skate park featuring 10 acres of bowls, pipes, ramps and street-skating obstacles and recognized as the largest skate park in North America and second largest in the world. The submarket also has Dylan’s Park, a park designed specifically to meet the needs of children who are sight and hearing impaired, autistic or wheelchair bound.
GROWTH
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Our Team
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