Office Building for
12022 Knigge Cemetery Rd Cypress, TX 77429
12022 Knigge Cemetery Rd, Cypress, TX, 77429
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale totaling 30,801 square feet.
Property Size30,801 SF
Price / SF$128.24
Days on Market97
Property Features for 12022 Knigge Cemetery Rd
General Information
- Standard status
- Active
- Size
- 30,801 SF
- Property subtype
- Office, Industrial, Special Purpose
Listing agency
Church Realty
(972) 387-0300
Listed by
Vince Elder · License #TX 582401
Source
Crexi
Added: Apr 16 Updated: Jul 21 at 12:28AM Checked: Jul 21 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 Church Realty
Investment Insights
Based on property information with market context.
This office building is offered for sale and totals 30,801 square feet. It is listed as a 30,801-square-foot office property, positioned for businesses seeking a dedicated office space within a flex/office market.
The property is located at 12022 Knigge Cemetery Rd in Cypress, Texas (77429).
The property is located at 12022 Knigge Cemetery Rd in Cypress, Texas (77429).
Key Highlights
- Office building for sale totaling 30,801 sq ft
Local Financial Insights For Industrial
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 | $406.6k | $13.20 |
| − Vacancy | −$29.3k | −$0.95 |
| EGI | $377.3k | $12.25 |
| − OpEx | −$113.2k | −$3.67 |
| NOI | $264.1k | $8.57 |
30,801 SF · lease $13.20/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$5.76M
$5.04M – $6.72M
NOI $403,439 @ 7.0% cap · market cap 10.21%
Second Best
Industrial
$3.77M
$3.30M – $4.40M
NOI $264,110 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$8.41M
$7.36M – $9.81M
NOI $588,718 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Calvary Chapel West ...
Church
Telge Roofing
Roofing Company
telgemechanical
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Chefmary Catering — 11523 Musetta Ct, Cypress, TX 77429
FAQs
What type of property is this?
Flex space - Office building offered for sale totaling 30,801 square feet.
Where is this flex space located?
The property is located at 12022 Knigge Cemetery Rd Cypress, TX.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Office building for sale totaling 30,801 sq ft
