Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    960 Pleasantville Dr Houston, TX 77029

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    102,208 SF warehouse with excellent access to I-10.

    Property size:
    102,208 SF
    Lot size:
    102,208 SF

    Property Features for 960 Pleasantville Dr

    General Information

    Standard status
    Active
    Size
    102,208 SF

    We can help!

    Listing Contact
    Andrew Jewett
    Andrew Jewett
    Source: Cbre

    Listing Agency: CBRE Houston Galleria Listing Agent: Andrew Jewett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Houston Warehouse with Fenced Truck Court

    This warehouse/distribution property offers approximately 102,208 square feet of space, including about 1,374 square feet of office area. The warehouse features a 22-foot clear height, 13 dock doors, and 2 drive-in ramps. It is fully sprinklered and equipped with T-5 high output lighting throughout the warehouse. The property includes a fenced truck court and 30’ x 40’ column spacing. It provides excellent access to I-10 and Loop 610.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bay Water Trucking ... Trucking Company Metrix Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    Eastport Industrial Park, Otto Cement Logistics and Trade, Candy Street Parking & Storage, Rubio Logistics

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.2773194
    Latitude
    29.7689332

    Nearby Similar for Lease

    • $1,000 /Mo

      Lantern Bend Medical Plaza

      Lantern Bend Medical Plaza - Newly Renovated and Flexible Lease Terms
      411 Lantern Bend Dr, Houston, TX 77090
      View Details
    • Contact for pricing

      Westchase Westheimer

      Discover many ways to work your way in Democracy Plaza
      10777 Westheimer Ave, Houston, TX 77042
      View Details
    • Contact for pricing

      One Riverway

      Discover many ways to work your way in Democracy Plaza
      777 Post Oak Ln 1 Riverway, Houston, TX 77056
      View Details
    • Contact for pricing

      Willowbrook

      Discover many ways to work your way in Reston Town Center I
      8300 Road Way, Houston, TX 77070
      View Details
    • Contact for pricing

      West Loop

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      2100 West Loop, Houston, TX 77027
      View Details
    • Contact for pricing

      Park Ten Place

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      16225 Park Ten Pl, Houston, TX 77084
      View Details
    • Contact for pricing

      Brookhollow Central III

      Discover many ways to work your way in AZ, Phoenix - 24th and Camelback
      2950 North Loop, Houston, TX 77092
      View Details
    • Contact for pricing

      Gateway I - Airport

      Discover many ways to work your way in Corporate Commons
      3663 Sam Houston Pkwy, Houston, TX 77032
      View Details
    • Contact for pricing

      Echo Lane

      Meet, work or collaborate in our professional Sawgrass Corporate Park business center
      950 Echo Ln, Houston, TX 77024
      View Details
    • Contact for pricing

      Park Row

      Flexible workspace in Las Colinas MacArthur
      1400 Broadfield Blvd, Houston, TX 77084
      View Details
    • Contact for pricing

      Energy Corridor

      Flexible workspace in Las Colinas MacArthur
      11111 Katy Fwy, Houston, TX 77079
      View Details
    • Contact for pricing

      Northbelt Airport

      Flexible workspace in Las Colinas MacArthur
      363 Sam Houston Pkwy, Houston, TX 77060
      View Details

    FAQs

    What type of property is this?
    Warehouse - 102,208 SF warehouse with excellent access to I-10.
    Where is this warehouse located?
    The property is located at 960 Pleasantville Dr Houston, TX.
    What are key features of this property?
    This property features: - Excellent access to I-10 & Loop 610; - Boasting ± 102,208 total SF; - Features 13 dock doors
    (713) 577-1735
    Request Owner's contact information
    960 Pleasantville Dr Houston, TX 77029
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    960 Pleasantville Dr
    Houston, TX 77029
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    960 Pleasantville Dr Houston, TX 77029
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrew Jewett
    Andrew Jewett
    (713) 577-1735 (832) 310-4772 (713) 345-1433
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!