Flex Warehouse Office
For Sale
Contact for pricing
13000 Schroeder Rd, Houston, TX 77070
Office suite with two offices, restroom and break room, plus warehouse with roll-up doors and fenced, alarmed exterior.
Property Size1,600 SF
Price / SF$311.88
Days on Market678
Property Features for 13000 Schroeder Rd
General Information
Standard status
Active
Size
1,600 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
BHGRE Gary Greene
(832) 444-5652
Listed By:
Velvet Harris · License #0522754
(832) 444-5652
Source:
Moodyscre
Added: Sep 21, 2024
Changed: Jul 28
Last Checked: Jul 30 at 2:34PM
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 BHGRE Gary Greene
Investment Insights
Based on property information with market context.
This flex warehouse suite includes an office area with two offices, a bathroom and break room, and a separate waiting room. The interior has been repainted and new flooring has been added, and split systems have been installed in both offices for heating and cooling.
The warehouse portion features front and back roll-up doors and includes stairs leading to an upper storage space. At the rear, there is a covered exterior area with access along the side of the building. The property is fenced and equipped with an alarm, and it provides access to Hwy 249 in both directions, with visibility from the feeder.
The warehouse portion features front and back roll-up doors and includes stairs leading to an upper storage space. At the rear, there is a covered exterior area with access along the side of the building. The property is fenced and equipped with an alarm, and it provides access to Hwy 249 in both directions, with visibility from the feeder.
Key Highlights
- Office suite with two offices, bathroom, break room, and waiting room area
- Interior updated with repainted walls and new flooring
- HVAC support with splitters recently installed in both offices for A/C and heat
Financial Insights For Office B
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 | $34.6k | $21.60 |
| − Vacancy | −$9.7k | −$6.05 |
| EGI | $24.9k | $15.55 |
| − OpEx | −$6.2k | −$3.89 |
| NOI | $18.7k | $11.66 |
1,600 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$266.6K
$233.3K – $311.0K
NOI $18,662 @ 7.0% cap · market cap 3.74%
Second Best
Flex RnD
$238.0K
$208.3K – $277.7K
NOI $16,661 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$411.4K
$360.0K – $480.0K
NOI $28,800 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,411
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77070, TX
52,943
Population
23,272
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
4,073
Density / Sq Mi
$72,440
Median Household Income
$44,073
Median Earnings
$1,571
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office suite with two offices, restroom and break room, plus warehouse with roll-up doors and fenced, alarmed exterior.
Where is this flex space located?
The property is located at 13000 Schroeder Rd Houston, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Office suite with two offices, bathroom, break room, and waiting room area; Interior updated with repainted walls and new flooring; HVAC support with splitters recently installed in both offices for A/C and heat