12
Map
$2,199,000
●
Land -
For Sale
5715 & 5721 Spindle Drive
Houston, TX 77086
Studio
0 Bath
$11,633
Est. Monthly
About This Property
Prime heavy-industrial developed lot ready for immediate use. This
property features over 6 inches of stabilized ground, ideal for
heavy-haul trucking, equipment storage, and industrial operations.
The extra-wide entrance allows easy access for oversized trucks and
trailers.
Included on-site is a 2,000 sq. ft. office building with two restrooms, perfect for administrative use or dispatch operations. The property also offers a warehouse/shop area, a truckport providing additional shaded parking, and upgraded commercial-grade exterior lighting for enhanced visibility and security.
A rare turnkey opportunity for logistics, trucking, construction, and warehouse users seeking a strategically developed site with strong infrastructure and excellent functionality.
Included on-site is a 2,000 sq. ft. office building with two restrooms, perfect for administrative use or dispatch operations. The property also offers a warehouse/shop area, a truckport providing additional shaded parking, and upgraded commercial-grade exterior lighting for enhanced visibility and security.
A rare turnkey opportunity for logistics, trucking, construction, and warehouse users seeking a strategically developed site with strong infrastructure and excellent functionality.
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$835
HOA Dues
-
Year Built
1988
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 8 months ago (HAR #41897372)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2026 | Listed by White House Global Properties | $2,199,000 | |
| Listed by White House Global Properties | |||
| Feb 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 20, 2025 | Listed by White House Global Properties | $1,999,999 | |
| Listed by White House Global Properties | |||
| | |||
|
Prime heavy-industrial developed lot ready for immediate use. This property features over 6 inches of stabilized ground, ideal for heavy-haul trucking, equipment storage, and industrial operations. The extra-wide entrance allows easy access for oversized trucks and trailers.
Included on-site is a 2,000 sq. ft. office building with two restrooms, perfect for administrative use or dispatch operations. The property also offers a warehouse/shop area, a truckport providing additional shaded parking, and upgraded commercial-grade exterior lighting for enhanced visibility and security.
A rare turnkey opportunity for logistics, trucking, construction, and warehouse users seeking a strategically developed site with strong infrastructure and excellent functionality.
| |||
| Apr 11, 2025 | Listed | $575,000 | |
| Listed | |||
| | |||
|
Look no further, 1.3 Acres with Access to Electric, Stabilized dirt Ground Ready for any commercial business, Warehouses, residential homes, Multi Family, Tiny Homes, Storage, or to buy and hold. No restrictions and owner can help build to suit what you would like there. Hurry Before its gone! Will consider lease too for this and adjoining property 5721 wich has buildings, water, and septic. 5715 Spindle Drive is 1.3 acres with No Restrictions, Build what you Like. Brand new perimeter fence and gate. No HOA, No Restrictions. Occupied please call agent to schedule showing, Owner has drawings for future buildings and can get great pricing to build to suit.
| |||
| Nov 26, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Property Highlights
Parking Details
Parking Features: Automatic Gate
Exterior Details
Lot Features: Cleared, Can Be Subdivided, 2 Up to 5 Acres
Lot Size Area: 3
Lot Size Units: Acres
Lot Size Acres: 3
Lot Size Square Feet: 130680
Lot Size Dimensions: 324 x 349 x 324 x 349
Water Source: Public
Financial Details
Tax Annual Amount: $10,020
Utilities Details
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Recreation Farms
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Listed by: Manuel Martinez, White House Global Properties
Last Updated: 8 months ago
Data Source: HAR , MLS# 41897372
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Last Updated: 8 months ago
Data Source: HAR , MLS# 41897372
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