Building Details

Building Size 17,471 SF

Year Built 1980

Tenancy Single

Listing Agency: Houston Office Show Phone

Listed By: Preston Williams · License #TX: 839673 Show Phone

Source: Marcusmillichap

Added: Jun 3 Changed: Oct 21 Last Checked: Oct 20 at 5:11PM

Report an Issue

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 Houston Office

Ask AI about this property

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

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This flex warehouse spans approximately 17,471 square feet and offers 12'-18' clear height, supported by masonry and metal construction. The facility is equipped with six grade-level doors and is currently occupied by the owner, Branson Construction & Remodeling. Following the sale, the owner plans to develop their own industrial warehouse, making this a straightforward transition for a new operator or buyer.

The property is located at 110 Heather Lane in Lake Jackson, TX, with curb appeal along Heather Lane next to Lake Jackson's Plantation Drive. It also has proximity to major thoroughfares, including Plantation Drive and Texas State Highway 288, supporting efficient logistics for industrial and distribution needs.

Designed as a highly functional flex warehouse, the space can accommodate a variety of industrial users seeking warehouse capability with flexibility for day-to-day operations. With multiple grade-level doors and meaningful clear height, it may be well-suited for tenants looking to stage, store, and move goods efficiently while maintaining practical workflow within an owner-occupied environment.

Key Highlights

• Approximately 17,471 SF warehouse space on 0.75 acres
• 12'-18' clear height with 6 grade‑level doors
• Masonry and metal construction flex warehouse

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$89,969

Cap Rate

8.18%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,799,380 $1.8M

Cap Rate 7%

$1,285,271 $1.3M

Cap Rate 9%

$999,656 $999.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 17,471 SF

Gross rent

$140.5K $8.04/SF

− Vacancy

−$11.9K −$0.68/SF

EGI

$128.5K $7.36/SF

− OpEx

−$38.6K −$2.21/SF

NOI

$90.0K $5.15/SF

Area

Brazoria County, TX

Vacancy

8.50%

Lease Rate

$8.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,799,380

Cap Rate 7%

$1,285,271

Cap Rate 9%

$999,656

Alternative Uses

Best Use

Warehouse

$1.56M

$1.37M – $1.82M (±1% cap)

NOI $109,248 @ 7.0% cap · market cap 9.93%

Second Best

Industrial

$1.29M

$1.12M – $1.50M (±1% cap)

NOI $89,969 @ 7.0% cap · market cap 8.18%

Theoretical Best

Multifamily LT 5

$217.65M

$190.44M – $253.92M (±1% cap)

NOI $15,235,217 @ 7.0% cap · market cap 1,385.02%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Garden Center Computer & Electronic Repair HVAC 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

18 ft

Clear height

6

Drive-in doors

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

689

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 77566, TX

30,538

Population

12,277

Households

2.5

Avg Household Size

38

Median Age

30%

College-Educated

94%

High-School Grad

23.7 sq mi

ZIP Area

1,289

Density / Sq Mi

$91,406

Median Household Income

$50,917

Median Earnings

$1,417

Median Rent

$256,900

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar Off Market Nearby

• Extra Space Storage — 807 Brazospark Dr, Clute, TX 77531
• Smart Storage — 105 Loganberry St, Lake Jackson, TX 77566

Frequently Asked Questions

What type of property is this?

Warehouse - Masonry and metal flex warehouse with 12–18' clear height and six grade-level doors on 0.75 acres.

Where is this warehouse located?

The property is located at 110 Heather Ln Lake Jackson, TX.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Approximately 17,471 SF warehouse space on 0.75 acres; 12'-18' clear height with 6 grade‑level doors; Masonry and metal construction flex warehouse