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Mueschke Road Houston

Darvesh Investments Sells 58 Acres In Houston's Industrial Corridor Via Brokers Kadlick, Hutcheson & Kane
SOLDDevelopment Site

Darvesh Investments Sells 58 Acres In Houston's Industrial Corridor Via Brokers Kadlick, Hutcheson & Kane

Building Size

Asset Type

Development Site

Closing

Sep 24, 2025

AI

The property asset involved in the context is a development site located at Grand Parkway & Mueschke Road, encompassing 58 acres within the Houston market. This site is situated in one of Houston's fastest-growing industrial corridors, characterized by a strong demand for logistics and distribution space.

Summary of transaction details:

The transaction was brokered by Colliers, representing the seller, Darvesh Investments. The buyer, whose identity remains undisclosed, acquires a prime site that aligns with the growing logistics needs in the area.

Players

James Kadlick

Colliers

Broker

17 deals

Broker
Colliers
ColliersBrokerage

Market Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93