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Fully Air-Conditioned Warehouse Office
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10111 Grant Rd, Houston, TX 77070

Warehouse includes office buildout, four large roll-up doors, and air conditioning with 3-phase 480V service.

Property Size9,000 SF
Price / SF$172.22
Days on Market317

Property Features for 10111 Grant Rd

General Information

Standard status Active
Size 9,000 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Heavy Power Yes

Amenities

fully air-conditioned warehouse
office buildout
large driveway with easy truck-court access
Listing Agency: Caldwell Brokerage
Listed By: Mark Terpstra · License ##443855
Source: Moodyscre
Added: Dec 17, 2025 Changed: Oct 26 Last Checked: Oct 28 at 10:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Caldwell Brokerage

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This fully air-conditioned warehouse includes an office buildout and four large roll-up doors, with two doors on each side. The property also features a large driveway designed for straightforward truck-court access and includes 3-phase 480V service.

Located just off busy SH 249 near Beltway 8, the site is within a deed-restricted business park.

With a combination of warehouse and office improvements, the layout is suited for operations requiring both functional shop/storage space and dedicated workplace space.

Key Highlights

  • Fully air‑conditioned warehouse with office buildout
  • 4 large roll‑up doors (2 each side)
  • Large driveway with easy truck‑court access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,243
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,860 $1.3M
Cap Rate 7%
$946,329 $946.3K
Cap Rate 9%
$736,033 $736.0K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$86.4K $9.60/SF
− Vacancy
−$8.5K −$0.94/SF
EGI
$77.9K $8.66/SF
− OpEx
−$11.7K −$1.30/SF
NOI
$66.2K $7.36/SF
Area
Houston, TX
Vacancy
9.80%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,860
Cap Rate 7%
$946,329
Cap Rate 9%
$736,033

Alternative Uses

Best Use
Warehouse
$946.3K
$828.0K – $1.10M (±1% cap)
NOI $66,243 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.03M – $2.70M (±1% cap)
NOI $162,000 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Team Tooke Mixed ... Training Center Sleep Diagnostic Center Medical Clinic Dr. Kris Bhat, ... Physician N.E. Allergy,Asthma & Pulmonary ... Medical Clinic Best Commercial Glass ... Factory

Suggested Use

Top Pick Law Firm Pharmacy Parking Lot & Garage Grocery & Convenience Store Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77070, TX

52,943
Population
23,272
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
4,073
Density / Sq Mi
$72,440
Median Household Income
$44,073
Median Earnings
$1,571
Median Rent
$264,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Houston, TX

9.4% 2019
10.7% 2020
7.2% 2021
5.2% 2022
6.8% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • URS Custom Crating — houston, tx 77269
  • Self Storage — 10756 Grant Rd, Houston, TX 77070
  • Perry Road Storage — 13635 Perry Rd, Houston, TX 77070
  • Prestonwood RV Boat Storage — 13118 Schroeder Rd, Houston, TX 77070

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse includes office buildout, four large roll-up doors, and air conditioning with 3-phase 480V service.
Where is this warehouse located?
The property is located at 10111 Grant Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Fully air‑conditioned warehouse with office buildout; 4 large roll‑up doors (2 each side); Large driveway with easy truck‑court access
(281) 664-6634 Call to check price and availability
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