Splendora Industrial Property For
For Sale
Contact for pricing
12586 Highway 59, Splendora, TX
22,000 SF office/warehouse on 3.01 acres with highway frontage.
Property Size22,000 SF
Lot Size3.01 Acres
Price / SF$127.27
Days on Market435
Property Features for 12586 Highway 59
General Information
Standard status
Active
Size
22,000 SF
Lot size
3.01 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Anne Vickery & Associates Realty LLC
(713) 907-9680
Listed By:
Anne Vickery · License #/9005105
(713) 907-9680
Source:
Moodyscre
Added: May 27, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:41AM
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
Investment Insights
Based on property information with market context.
Located at 12586, 12600, 12620 & 12630 Hwy 59 in Splendora, TX, this industrial property offers 3.01 acres (131,246 SF) of land with approximately 22,000 SF of office and warehouse space. This income-producing asset has tenants in place and excellent frontage along Hwy 59 (I-69), providing high visibility and direct access. The property is strategically positioned near the Mustang Cat Equipment Rental Center and is in proximity to major regional connectors including Hwy 99 (Grand Parkway) and SH 242. The BNSF Industrial Park and Logistics 105 at Fostoria Road are 15 miles away, while Houston and George Bush Intercontinental Airport (IAH) can be reached in under 35 minutes. The property is suited for industrial, warehouse, or office use, with additional land available for future expansion. Utilities are currently private, with City of Splendora utilities available.
Key Highlights
- Excellent frontage and direct access to Hwy 59 (I‑69) for high visibility.
- Income‑producing asset with tenants in place.
- Approximately 22,000 SF of office/warehouse space on 3.01 acres (131,246 SF).
Financial Insights For Warehouse
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 | $170.7k | $7.76 |
| − Vacancy | −$10.8k | −$0.49 |
| EGI | $160.0k | $7.27 |
| − OpEx | −$24.0k | −$1.09 |
| NOI | $136.0k | $6.18 |
22,000 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.94M
$1.70M – $2.27M
NOI $135,970 @ 7.0% cap · market cap 4.86%
Second Best
Industrial
$1.60M
$1.40M – $1.87M
NOI $111,975 @ 7.0% cap · market cap 4.00%
Theoretical Best
Specialty Retail
$5.55M
$4.86M – $6.48M
NOI $388,777 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Montgomery County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Haith&S AUTOMOTIVE REPAIR — 12180 Anmar Dr, Cleveland, TX 77328
- American Mini Storage — 26623 Brice Ln, Splendora, TX 77372
Frequently Asked Questions
What type of property is this?
Warehouse - 22,000 SF office/warehouse on 3.01 acres with highway frontage.
Where is this warehouse located?
The property is located at 12586 Highway 59 Splendora, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Excellent frontage and direct access to Hwy 59 (I‑69) for high visibility.; Income‑producing asset with tenants in place.; Approximately 22,000 SF of office/warehouse space on 3.01 acres (131,246 SF).
