22240 Farris Green, Porter, TX
Highly visible commercial site with existing infrastructure in Porter, TX.
- Added:
- Apr 22, 2025
- Days on Market:
- 420
- Last Refresh:
- May 20 at 9:10 pm
Property Features for 22240 Farris Green
General Information
- Standard status
- Active
- Size
- 5,130 SF
- Lot size
- 1.34 Acres
- Property subtype
- RETAIL
Listing agent Anne Vickery License #0484993 (713) 907-9680
Listing office Anne Vickery & Associates Realty LLC (713) 907-9680
Listing date Apr 22, 2025
Source Moodyscre
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 & Associates Realty LLC
HighLights
- Highly visible, versatile commercial site with existing infrastructure.
- Strategically located near Home Depot, Wal‑Mart & Spec’s Liquor.
- Easy access to Grand Parkway (Hwy 99), I‑69 (Hwy 59) & FM 1314.
- Features a spacious lobby, large vault, conference room, and multiple private offices.
- Situated in a federally designated Opportunity Zone.
- Minutes from Valley Ranch Medical District & Town Center (2.5 miles).
Overview
Local Financial Insights For Specialty Retail
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 | $128.0k | $24.96 |
| − Vacancy | −$7.2k | −$1.40 |
| EGI | $120.9k | $23.56 |
| − OpEx | −$30.2k | −$5.89 |
| NOI | $90.7k | $17.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Porter
- County
- Montgomery
- State
- Texas
- Longitude
- -95.2316
- Latitude
- 30.1044
