23,500± SF Multipurpose Facility on 37± Acres
11810 Lockwood Rd
Houston, TX 77044
Highlights
- Easy access to Beltway 8, I-10, I-69/U.S.-59, Port of Houston & Bush Intercontinental Airport
- Existing wastewater treatment plant & well on site
- Just south of Generation Park - a 4,000-acre master-planned commercial development (Largest in TX)
- Regional retention pond in place
Description
Bankruptcy Sale: Southern District of Texas (Houston). Petition No. 23-30924 I In re: Holy Trinity Episcopal School of Greater Houston Inc.
Bid Deadline: June 27
On-Site Inspections: May 30, June 6 & 13 - By Appointment Only
Recently updated and well-maintained, this 23,500± SF former school provides exceptional versatility. Offering multiple large and small classrooms, administrative offices, a cafeteria, gym and stage, the property is ideal for a variety of users to either reuse or redevelop. The expansive grounds feature two soccer fields and a playground, as well as on-site, private and self-sufficient water and wastewater treatment facilities.
In addition to the multipurpose building, the property sits on a main 30-acre parcel of land, with seven additional acres available. With easy access to Beltway 8, the site is a short, 20-minute drive to downtown Houston and is central to all of Houston’s transportation hubs. As the city continues to grow, Houston’s MSA reaps the benefits. Generation Park, the largest commercial development in Texas, is testament to the area’s strength and is only three miles north of the site. With major development already underway in the area, this property is situated to take full advantage of Houston’s bright future.
Houston's commercial real estate market is in high demand to support its diverse industries, including energy, manufacturing, transportation, and aeronautics. The average size of commercial real estate in Houston is 32,127 square feet, with a minimum of 302 square feet and a maximum of 1,183,509 square feet. The average CAP rate for commercial real estate in Houston is 6.85%, with some properties reaching as high as 15.69%.
