Flex Warehouse with Office
For Sale
Contact for pricing
12823 TRINITY DR, Stafford, TX 77477
Industrial-flex building with office and reception areas, suited for mixed commercial and storage needs.
Property Size7,025 SF
Price / SF$196.44
Days on Market107
Property Features for 12823 TRINITY DR
General Information
Standard status
Active
Size
7,025 SF
Property subtype
Industrial, Mixed Use
Building Details
Year Built
2005
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Homesource Investments Group Inc
Listed By:
Gina Li · License #TX 0423968
(713) 988-0888
Source:
Crexi
Added: Jun 5
Changed: Sep 6
Last Checked: Sep 18 at 7:57AM
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 Homesource Investments Group Inc
Investment Insights
Based on property information with market context.
This is a 7,025 SF flex warehouse building that combines industrial space with dedicated office functionality. The layout includes offices and a reception area, supporting business operations alongside warehouse use. The property is positioned as a mixed-use option for tenants or owners seeking an all-in-one setup for administrative space and industrial activity.
The building is located at 12823 Trinity Dr in Stafford, Texas. The public remarks describe the location as prime, indicating an intent to serve business demand from within the area, though no additional specifics on access, frontage, or surrounding anchors are provided in the available information.
For buyers evaluating an owner-occupied or operations-focused facility, the inclusion of office and reception space can reduce the need for separate administrative locations. The building’s flex/warehouse configuration also aligns well with users who want on-site space for both work functions and industrial activities, while keeping the overall footprint consolidated.
The building is located at 12823 Trinity Dr in Stafford, Texas. The public remarks describe the location as prime, indicating an intent to serve business demand from within the area, though no additional specifics on access, frontage, or surrounding anchors are provided in the available information.
For buyers evaluating an owner-occupied or operations-focused facility, the inclusion of office and reception space can reduce the need for separate administrative locations. The building’s flex/warehouse configuration also aligns well with users who want on-site space for both work functions and industrial activities, while keeping the overall footprint consolidated.
Key Highlights
- 7,025 SF industrial‑flex/mixed‑use building
- Year built: 2005
- Includes office and reception area space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,418
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,360
$868.4K
Cap Rate 7%
$620,257
$620.3K
Cap Rate 9%
$482,422
$482.4K
Market Conditions
NOI Build-Up for 7,025 SF
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.
Gross rent
$54.5K $7.76/SF
− Vacancy
−$3.4K −$0.49/SF
EGI
$51.1K $7.27/SF
− OpEx
−$7.7K −$1.09/SF
NOI
$43.4K $6.18/SF
Area
Fort Bend County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,360
Cap Rate 7%
$620,257
Cap Rate 9%
$482,422
Alternative Uses
Best Use
Warehouse
$620.3K
$542.7K – $723.6K
NOI $43,418 @ 7.0% cap · market cap 3.15%
Second Best
Industrial
$510.8K
$447.0K – $595.9K
NOI $35,756 @ 7.0% cap · market cap 2.59%
Theoretical Best
Multifamily LT 5
$87.51M
$76.58M – $102.10M
NOI $6,126,003 @ 7.0% cap · market cap 443.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77477, TX
35,520
Population
13,888
Households
2.6
Avg Household Size
35
Median Age
38%
College-Educated
85%
High-School Grad
10.2 sq mi
ZIP Area
3,482
Density / Sq Mi
$73,290
Median Household Income
$41,271
Median Earnings
$1,436
Median Rent
$241,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-flex building with office and reception areas, suited for mixed commercial and storage needs.
Where is this flex space located?
The property is located at 12823 TRINITY DR Stafford, TX.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 7,025 SF industrial‑flex/mixed‑use building; Year built: 2005; Includes office and reception area space
