Flex Space with
105 Hubert Street Cleveland, TX 77327
105 Hubert Street, Cleveland, TX, 77327
Contact for pricing
For Sale
Contact for pricing
Flex/industrial building features skylights, two bathrooms, and convenient access off Hwy 59/69 within city limits.
Property Size5,000 SF
Price / SF$115
Days on Market80
Property Features for 105 Hubert Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Industrial, Mixed Use, Special Purpose
Listing agency
Anne Vickery Real Estate
Listed by
John Spadafora · License #texas 716210
Source
Crexi
Added: May 5 Updated: Jul 22 at 2:10PM Checked: Jul 22 at 2:10PM
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 Anne Vickery Real Estate
Investment Insights
Based on property information with market context.
This flex/industrial property is offered for sale and includes skylights and two bathrooms, supporting practical office-and-warehouse style use. The space is sized at approximately 5,000 square feet.
The location offers easy access to Hwy 59/69 and sits within city limits, which can be advantageous for day-to-day operations.
Configured as a flex property, the building’s combination of skylights and bathroom facilities provides straightforward functionality for a range of light industrial and mixed-use needs.
The location offers easy access to Hwy 59/69 and sits within city limits, which can be advantageous for day-to-day operations.
Configured as a flex property, the building’s combination of skylights and bathroom facilities provides straightforward functionality for a range of light industrial and mixed-use needs.
Key Highlights
- Flex/industrial building with skylights
- Includes 2 bathrooms
- Convenient access off Hwy 59/69 within city limits
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.8k | $7.76 |
| − Vacancy | −$2.4k | −$0.49 |
| EGI | $36.4k | $7.27 |
| − OpEx | −$10.9k | −$2.18 |
| NOI | $25.4k | $5.09 |
5,000 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 30.00%
Alternative Uses
Best Use
Industrial
$363.6K
$318.1K – $424.2K
NOI $25,449 @ 7.0% cap · market cap 4.43%
Second Best
Flex RnD
$341.6K
$298.9K – $398.5K
NOI $23,909 @ 7.0% cap · market cap 4.16%
Theoretical Best
Multifamily LT 5
$56.06M
$49.05M – $65.40M
NOI $3,924,018 @ 7.0% cap · market cap 682.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coastal Refrigeration & HVAC ...
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex/industrial building features skylights, two bathrooms, and convenient access off Hwy 59/69 within city limits.
Where is this flex space located?
The property is located at 105 Hubert Street Cleveland, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Flex/industrial building with skylights; Includes 2 bathrooms; Convenient access off Hwy 59/69 within city limits
