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    Remodeled Warehouse with Office Space Title is generated by Realmo AI

    10902 Kingspoint Road, Houston, TX 77075

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    For Sale
    $1,500,000

    Move-in ready warehouse with office, minutes from major highways.

    Type:Land or Vacant Lot
    Property size:
    13,500 SF
    Lot size:
    1.09 Acres
    Price / SF:
    $111/SF
    Added:
    Dec 17, 2025
    Days on Market:
    171
    Last Refresh:
    Apr 5 at 9:35 pm

    Property Features for 10902 Kingspoint Road

    General Information

    Standard status
    Active
    Size
    13,500 SF
    Lot size
    1.09 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JENNY MARTINEZ

    Listing agent JENNY MARTINEZ

    Listing office VIVE REALTY LLC

    Listing date Dec 17, 2025

    Source Corcoran

    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 VIVE REALTY LLC

    HighLights

    • Move‑in ready, completely remodeled commercial building/warehouse with 3,500 SF office and 10,000 SF warehouse space.
    • Ideal location minutes from 45/610/Beltway 8 and across from Almeda Mall.
    • Massive warehouse with 24ft ceilings and 2 roll‑up bay doors for loading, storage, and distribution.
    • Fully fenced property on over an acre with massive parking and driveways on both sides of the building.
    • Office area features a reception area, large private office, lounge/waiting area, and separate work area on the main level, plus 2 private offices, a waiting/lounge area, and a full bathroom with walk‑in shower on the second floor.
    • Renovated with modern finishes throughout.

    Overview

    This commercial building offers over 13,000 square feet of space, featuring a 3,500 square foot office area connected to a 10,000 square foot warehouse with 24-foot ceilings. The warehouse includes two restrooms and two roll-up bay doors suitable for loading, storage, distribution, or industrial operations. The renovated office space features modern finishes and includes a reception area, a large private office, a lounge/waiting area, and a separate work area on the main level. The second floor offers two private offices, a waiting/lounge area, and a full bathroom with a walk-in shower. The property is fully fenced and situated on over an acre, providing a large parking area with driveways on both sides of the building. It is located in a desirable area, minutes from 45, 610, and Beltway 8, and across from Almeda Mall. Previously used as a luxury dealership, this property presents a rare opportunity to own a high-quality office and warehouse combination.
    Property Profile Location Intelligence

    Current Use by Public Records

    E&H ORIGINALS IN WOOD Industrial Manufacturer

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • O'Neill's Catering — 11045 Fuqua St, Houston, TX 77089
    • Kymz Kytchen — 11001 Fuqua St, Houston, TX 77089

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.2272
    Latitude
    29.6198

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    FAQs

    What type of property is this?
    Flex space - Move-in ready warehouse with office, minutes from major highways.
    Where is this flex space located?
    The property is located at 10902 Kingspoint Road Houston, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Move‑in ready, completely remodeled commercial building/warehouse with 3,500 SF office and 10,000 SF warehouse space.; Ideal location minutes from 45/610/Beltway 8 and across from Almeda Mall.; Massive warehouse with **24ft ceilings** and **2 roll‑up bay doors** for loading, storage, and distribution.
    (713) 637-4150
    We can help!
    Listing Contact
    JENNY MARTINEZ
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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