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Guidance on FLEX Space Investing in Houston.
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
Thanks
I am not familiar with the area, but first I would check the zoning to see if it allows for warehouses/flex base. If allowable, I think the next steps would be to communicate with the zoning jurisdiction, or city council for the next steps. If not allowable, you would most likely have to apply for a variance. I would imagine it would involve architects, attorneys, civil engineers and surveyors to get you a plat drawn. Keep in mind utilities as well.
Thank you for the feedback! Much appreciated!
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
Thanks
Before you buy the land, I'd try to research and find the developer you want to work with first. A good developer will guide you through all the required steps and will warn you from the pitfalls along the way. Some might even have a piece of land they know of to point out for you.
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
Thanks
Do a Google Search for 'Hamza Invests in Houston' and assess if you like his program
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
Thanks
Search for "Hamza Invests in Houston" and check out his YouTube channel
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
Than
Quote from @Brent Thomas:
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
Than
How is the development process going? I have started my journey as well here in the Houston area and wanted to get some insight from you on where you are in the project and any feedback about the process. Thank you.
Quote from @Brent Thomas:
Quote from @Brent Thomas:
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
ThanHow is the development process going? I have started my journey as well here in the Houston area and wanted to get some insight from you on where you are in the project and any feedback about the process. Thank you.
@Brent Thomas ... Apologies for the delayed response. We did end up buying a 14-acre tract and a 2-acre tract. But are just sitting on it as the development cost is too high.
I'm following this thread now as well. I currently do ground up residential development but am interested in flex space as well.
Quote from @Roy Bhavi:
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
ThanksSearch for "Hamza Invests in Houston" and check out his YouTube channel
Hi Roy, are you part of Hamza's program? I am currently under contract on some commercial land near Houston with plans to develop flex space and have a call set with Hamza's team for 2 days from now. Would love to hear feedback about his program from somebody who is in it.
Quote from @Derek Smith:
Quote from @Roy Bhavi:
Quote from @Abdul Siddiqui:
Hey Guys,
I am a local investor with a few SFH's in Houston. Currently, I am looking to see about acquiring commercial land and building a warehouse or FLEX space. I wanted to see if anyone has done something similar in the Houston or surrounding area. Was thinking of buying 1 acre - 5 acre commercial tract in Katy or Richmond area and then develop 1350-1800 Sq/ft FLEX spaces. To be honest am unsure where to start after buying raw commercial land. Has anyone done a flex space build that can guide. Would love to hear feedback from other members, builders and commercial brokers.
ThanksSearch for "Hamza Invests in Houston" and check out his YouTube channel
Hi Roy, are you part of Hamza's program? I am currently under contract on some commercial land near Houston with plans to develop flex space and have a call set with Hamza's team for 2 days from now. Would love to hear feedback about his program from somebody who is in it.
How did the call go? I'm looking to get into flex space development myself.