7700 Kempwood Dr, Houston, TX 77055 – Distr/Transit/Warehouse/Truck Terminal

Warehouse and StorageYear Built 1975Total Assessed Value $2,864,790County Harris

Property Details

The Warehouse and Storage property 7700 Kempwood Dr, Houston, TX 77055 is located in Harris County. The specific property type is Distr/Transit/Warehouse/Truck Terminal. The total assessed value of this property is $2,864,790.

The gross building area is 70,227 square feet and the land area is 102,235 square feet for this Distr/Transit/Warehouse/Truck Terminal built in 1975.

Legal description: Tr C Blk 2 Kempwood Industrial Park Sec 1

$2,864,790

Market Value

$40.79

Price per SQFT

Aerial map view of 7700 Kempwood Dr, Houston, TX 77055

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Property Information

Property TypeWarehouse and Storage

Sub Property TypeDistr/Transit/Warehouse/Truck Terminal

Building Area70,227

Land Size102,235

Land Value$357,823

Improved Value$2,506,967

Total Assessed Value$2,864,790

Year Built1975

County NameHarris

Account Number0941500000003

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningNone

HeatingRadiant

Type ConstructionSteel

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Comparables

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Property Details

Property Information

Property Details

The gross building area is 70,227 square feet and the land area is 102,235 square feet for this Distr/Transit/Warehouse/Truck Terminal built in 1975.

Legal description: Tr C Blk 2 Kempwood Industrial Park Sec 1

$3,771,256

Guesstimate™

$2,864,790

Market Value

$40.79

Price per SQFT

1 / 5

Property Information

Property TypeWarehouse and Storage

Sub Property TypeDistr/Transit/Warehouse/Truck Terminal

Building Area70,227

Land Size102,235

Land Value$357,823

Improved Value$2,506,967

Total Assessed Value$2,864,790

Year Built1975

County NameHarris

Account Number0941500000003

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningNone

HeatingRadiant

Type ConstructionSteel

Sales History

8/7/2017

Arms-length$2,877,500

Buyer

Merkostone Llc

Seller

Kempwood Properties L P

Book Number

RP-2017-353066

Recording Date

8/7/2017

Transaction Details

Merkostone Llc acquired the property from Kempwood Properties L P through a Arms-length transaction on 8/7/2017 for $2,877,500.

2/8/2011

Arms-length$625,000

Buyer

Kempwood Properties Lp

Seller

Hess Clive

Book Number

2011.64240

Recording Date

2/8/2011

Transaction Details

Kempwood Properties Lp acquired the property from Hess Clive through a Arms-length transaction on 2/8/2011 for $625,000.

5/22/2003

Arms-length$1,400,000

Buyer

Clive Hess

Seller

The Village Co

Book Number

040101JF

Recording Date

5/22/2003

Transaction Details

Clive Hess acquired the property from The Village Co through a Arms-length transaction on 5/22/2003 for $1,400,000.

Property constructed in 1975

Mortgage History

12/28/2023

Arms length residential transactions purchase or resales$50,000,000

Borrower

7700 Kempwood Llc

Lender

Primalend Capital Partners Lp

Book Number

2024.2913

Recording Date

12/28/2023

Transaction Details

7700 Kempwood Llc borrowed the property from Primalend Capital Partners Lp through a Arms length residential transactions purchase or resales transaction on 12/28/2023 for $50,000,000.

5/18/2020

Non arms length transactions with valid title company name no accomodations$500,000

Borrower

Merkostone Llc

Lender

American Flourite Inc

Book Number

2020.220414

Recording Date

5/18/2020

Transaction Details

Merkostone Llc borrowed the property from American Flourite Inc through a Non arms length transactions with valid title company name no accomodations transaction on 5/18/2020 for $500,000.

9/4/2014

Helocs both purchase money and non purchase money helocs$688,540

Borrower

Kempwood Properties Lp

Lender

Cadence Bank Na

Book Number

20140399909

Recording Date

9/4/2014

Transaction Details

Kempwood Properties Lp borrowed the property from Cadence Bank Na through a Helocs both purchase money and non purchase money helocs transaction on 9/4/2014 for $688,540.

6/10/2011

Helocs both purchase money and non purchase money helocs$500,000

Borrower

Kempwood Properties Lp

Lender

Jpmorgan Chase Bank Na

Book Number

20110244747

Recording Date

6/10/2011

Transaction Details

Kempwood Properties Lp borrowed the property from Jpmorgan Chase Bank Na through a Helocs both purchase money and non purchase money helocs transaction on 6/10/2011 for $500,000.

6/9/2011

Sale$500,000

Borrower

Compu Cycle Inc

Lender

Book Number

Recording Date

6/9/2011

Transaction Details

Compu Cycle Inc borrowed the property from through a transaction on 6/9/2011 for $500,000.

Property constructed in 1975

Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$357,823	$2,506,967	$2,864,790	$2,864,790	7700 Kempwood Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	-	102,235	70,227
2025	$357,823	$2,142,177	$2,500,000	$2,500,000	7700 Kempwood Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	Kempwood Indust Park...	102,235	70,227
2024	$357,823	$1,992,177	$2,350,000	$2,350,000	7700 Kempwood Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	Kempwood Indust Park...	102,235	70,227
2023	$357,823	$2,216,334	$2,574,157	$2,574,157	7700 Kempwood Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	KEMPWOOD INDUST PARK...	102,235	70,227
2022	$357,823	$2,131,287	$2,489,110	$2,489,110	7700 Kempwood Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	KEMPWOOD INDUST PARK...	102,235	70,227
2021	$357,823	$1,637,177	$1,995,000	$1,995,000	7700 Kempwood Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	KEMPWOOD INDUST PARK...	102,235	70,227
2020	$357,823	$1,593,389	$1,951,212	$1,951,212	Merkostone Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	-	102,235	52,200
2019	$362,852	$1,487,148	$1,850,000	$1,850,000	Merkostone Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	KEMPWOOD INDUSTRIAL ...	103,672	52,200
2018	$362,852	$1,571,394	$1,934,246	$1,934,246	Merkostone Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5985.25	KEMPWOOD INDUSTRIAL ...	103,672	52,200
2017	$362,852	$1,571,394	$1,934,246	$1,934,246	Merkostone Llc	7700 Kempwood Dr, Ho...	Tr C Blk 2 Kempwood ...	5984.09	KEMPWOOD INDUSTRIAL ...	103,672	52,200

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