9,000 SF Warehouse For
For Sale
$1,600,000
7315 Five Forks Dr, Spring, TX 77379
9,000 SF warehouse with office space and grade-level doors.
Property Size9,000 SF
Price / SF$177.78
Days on Market194
Property Features for 7315 Five Forks Dr
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Industrial
Building Details
Building Size
9,000 SF
Year Built
2024
Listing Agency:
Black Label Commercial Group
Listed By:
Beau Harris · License #577566
(936) 441-2610
Source:
Commercialcafe
Added: Mar 27
Changed: Sep 30
Last Checked: Oct 5 at 3:29PM
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 Black Label Commercial Group
Investment Insights
Based on property information with market context.
This property features a 9,000-square-foot building, including 1,000 square feet of office space. It is equipped with four 12-foot by 16-foot grade-level doors and has an 18-foot eave height. The property also includes 3-phase power.
Key Highlights
- 9,000sqft building size
- Features four 12’x16’ grade level doors
- 18’ eave height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,709
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,874,180
$1.9M
Cap Rate 7%
$1,338,700
$1.3M
Cap Rate 9%
$1,041,211
$1.0M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$118.8K $13.20/SF
− Vacancy
−$8.6K −$0.95/SF
EGI
$110.2K $12.25/SF
− OpEx
−$16.5K −$1.84/SF
NOI
$93.7K $10.41/SF
Area
Harris County, TX
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,874,180
Cap Rate 7%
$1,338,700
Cap Rate 9%
$1,041,211
Alternative Uses
Best Use
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,709 @ 7.0% cap · market cap 5.86%
Second Best
Industrial
$1.10M
$964.7K – $1.29M
NOI $77,172 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,022 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77379, TX
84,704
Population
30,004
Households
2.8
Avg Household Size
38
Median Age
49%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
3,283
Density / Sq Mi
$110,712
Median Household Income
$58,474
Median Earnings
$1,618
Median Rent
$335,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Life Storage — 6911 Louetta Rd, Spring, TX 77379
- Day and Night Moving and Packing — 17940 Country Walk Dr, Spring, TX 77379
- Leax’s Boat & Rv Storage — 7106 Five Forks Dr, Spring, TX 77379
- Public Storage — 18110 Stuebner Airline Rd, Spring, TX 77379
Frequently Asked Questions
What type of property is this?
Warehouse - 9,000 SF warehouse with office space and grade-level doors.
Where is this warehouse located?
The property is located at 7315 Five Forks Dr Spring, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 9,000sqft building size; Features four 12’x16’ grade level doors; 18’ eave height
