Industrial Property in South Houston

Industrial Property in South Houston, TX

Multiple Properties being Sold!

Formerly known as Gulfex

Auction ends Tuesday, January 25th at 11am

Auction is ONLINE ONLY

Property to be sold in 3 Parcels

Existing company website –

Click here to Register and Bid!

Parcel 1:

701 Louisiana Street South Houston, TX 77587

– 4,000+/- sf office building

– Covered parking

– Fenced parking lot

– 14,200+/- sf lot

– bidding ends Tuesday, January 25th at 11am

Parcel 2:

402 State Street South Houston, TX 77587

– 18,900 sf industrial building

– 37,500+/- sf lot

– 2 100 ton cranes

– 2 50 ton hoists on each bridge with a 10 ton speed hook on each bridge

– 28′ under hook

– bidding ends Tuesday, January 25th at 12pm

Parcel 3:

609 Louisiana Street South Houston, TX 77587

– 51,000+/- sf industrial building

– 10 overhead cranes including 2 80 ton, 2 35 ton and 2 20 ton

– Approx. 2.85+/- acres

– bidding ends Tuesday, January 25th at 1pm

Terms & Conditions

  1. 10% Buyer’s Premium added to the winning bid price to determine total contract price.
  2. No minimum bid, final bid subject to seller’s confirmation.
  3. Auction is ONLINE ONLY.
  4. Extended online close: If a bid is placed in the last 5 minutes, the auction will automatically extend an additional 5 minutes.
  5. Current price listed on MLS or other websites is not deemed a selling price. Many websites will not allow auction only listings.
  6. Cooperating broker participation is offered. Contact the auction company to register your client and receive the terms.  Real estate agent MUST register client prior to client’s first bid.
  7. Closing & payment: High bidder (purchaser) must remit 10% non-refundable payment of the total contract price on auction day to Auction Escrow & Settlement. Balance to be paid at closing within 30 days. Purchaser must sign a non-contingency contract to close within 30 days of the auction date. Seller maintains the right to extend closing an additional 30 days.
  8. Seller/owner/creditor reserves the right directly or through directing the auctioneer to recover equity and/or liquidate debt by placings bids on their behalf up to or equal to a level necessary to guarantee clear title with no tax issues, liens or encumbrances.
  9. Disclaimer: Acreage and square footage dimensions are based on information provided by seller and are believed to be correct; however, purchaser &/or purchaser’s agent/broker shall bear responsibility to confirm all calculations prior to the sale. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. All information provided or contained in a brochure was derived from sources believed to be correct but are not guaranteed.

Contact us for more info – [email protected] – 713.594.1576