Warehouse with Office
For Sale
$850,000
1070 Pine, Texas City, TX 77591
A fenced commercial facility pairs three offices and two bathrooms with warehouse and storage space.
Property Size5,000 SF
Lot Size2.00 Acres
Price / SF$170
Days on Market262
Property Features for 1070 Pine
General Information
Standard status
Active
Size
5,000 SF
Lot size
2.00 Acres
Property subtype
Multi Family,Duplex
Zoning
commercial
Additional Details
Fenced Yard
Yes
Drive-In Doors
4
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$1,415
Building Details
Building Size
5,000 SF
Year Built
2020
Listing Agency:
Latitude 29 Group
Listed By:
Clay Conrad · License #TX 553888
(832) 247-1311
Source:
Cartersignatureproperties
Added: Feb 11
Changed: Oct 26
Last Checked: Oct 31 at 1:29PM
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 Latitude 29 Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2020, this 5,000-square-foot warehouse sits on 2 acres and includes three offices and two bathrooms. The office layout includes an elevated private office, a reception area, and a larger office. Four 16-foot overhead doors and a 6-inch concrete slab accommodate machinery and stored materials. The building was custom constructed to hurricane standards.
The site is fully fenced, with remote-controlled gate access, and is zoned commercial. Additional adjoining acreage is also available for sale.
The site is fully fenced, with remote-controlled gate access, and is zoned commercial. Additional adjoining acreage is also available for sale.
Key Highlights
- 5,000‑square‑foot warehouse on 2 acres
- Four 16' overhead doors and a 6" slab
- Three offices and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,902
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,040
$618.0K
Cap Rate 7%
$441,457
$441.5K
Cap Rate 9%
$343,356
$343.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$38.8K $7.76/SF
− Vacancy
−$2.4K −$0.49/SF
EGI
$36.4K $7.27/SF
− OpEx
−$5.5K −$1.09/SF
NOI
$30.9K $6.18/SF
Area
Galveston County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,040
Cap Rate 7%
$441,457
Cap Rate 9%
$343,356
Alternative Uses
Best Use
Warehouse
$441.5K
$386.3K – $515.0K
NOI $30,902 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$363.6K
$318.1K – $424.2K
NOI $25,449 @ 7.0% cap · market cap 2.99%
Theoretical Best
Multifamily LT 5
$56.06M
$49.05M – $65.40M
NOI $3,924,018 @ 7.0% cap · market cap 461.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77591, TX
17,347
Population
7,465
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,684
Density / Sq Mi
$66,010
Median Household Income
$39,219
Median Earnings
$1,226
Median Rent
$204,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- SmartStop Self Storage — 3730 Emmett F Lowry Expy, Texas City, TX 77590
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced commercial facility pairs three offices and two bathrooms with warehouse and storage space.
Where is this warehouse located?
The property is located at 1070 Pine Texas City, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 5,000‑square‑foot warehouse on 2 acres; Four 16' overhead doors and a 6" slab; Three offices and two bathrooms
