Small-Bay Industrial Warehouse
For Sale
$9,400,000
13470 FM 529, Houston, TX 77041
Multi-building portfolio offering small-bay industrial space with heavy-power service across Northwest Houston submarkets.
Property Size41,675 SF
Lot Size3.36 Acres
Price / SF$225.55
Days on Market95
Property Features for 13470 FM 529
General Information
Standard status
Active
Size
41,675 SF
Lot size
3.36 Acres
Property subtype
Warehouse
Occupancy
100%
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
11
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Heavy Power
Yes
Additional Details
Cap Rate
7%
Highway Access
Yes
Amenities
Newly Constructed Six-Building 41,675-Square-Foot Freestanding Small-Bay Industrial Portfolio on 3.36 Acres in Northwest Houston
Delivered Between 2019 and 2022, Featuring Metal Construction with 18'-24' Clear Heights, 11 Grade-Level Doors, & Three-Phase Heavy Power with 200/400A and 480V
100 Percent Occupied by Diversified Roster of Local & International FT Businesses with Personal Guarantees
All Triple-Net (NNN) Leases with 3.0+ Percent Annual Escalations and a 1.9-Year WALT, Offering Built-In Growth
Only 4% of Houston Construction Pipeline Concentrated Among Comparable Small-Bay Properties | Portfolio Situated in High- Performing NW Submarkets
Each Property in Close Proximity to Major Thoroughfare: I-10, U.S. 290, Highway 99, and Highway 6
Building Details
Building Size
41,675 SF
Year Built
2018
Buildings
6
Construction
metal
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Adam Abushagur · License #License(s): TX: 661916
(972) 755-5223
Source:
Marcusmillichap
Added: Aug 1
Changed: Oct 26
Last Checked: Nov 1 at 2:17AM
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 Marcus & Millichap - Dallas
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This six-building warehouse portfolio includes approximately 41,675 square feet of small-bay industrial space across 3.36 combined acres. The buildings were constructed from 2018 through 2022 and range from 4,800 to 10,625 square feet. Improvements feature metal construction, 18-foot to 24-foot clear heights, 11 grade-level doors, and three-phase heavy power rated from 200 to 400 amps at 480 volts. The portfolio is fully occupied by seven tenants representing roofing, rubber manufacturing, oil and gas, religious, water management, and technology uses. Triple-net leases expire between July 2027 and July 2029 and include annual escalations ranging from 3.00 to 3.94 percent.
The properties are distributed among Hockley, Cypress, Katy, and Houston within Northwest Houston submarkets. Each location provides proximity to a major regional route, including Interstate 10, State Highway 99, U.S. Route 290, or Texas State Highway 6. The portfolio carries a 7.00 percent cap rate.
The properties are distributed among Hockley, Cypress, Katy, and Houston within Northwest Houston submarkets. Each location provides proximity to a major regional route, including Interstate 10, State Highway 99, U.S. Route 290, or Texas State Highway 6. The portfolio carries a 7.00 percent cap rate.
Key Highlights
- Six‑building portfolio totals approximately 41,675 square feet on 3.36 combined acres
- Buildings range from 4,800 to 10,625 square feet with 18’ to 24’ clear heights
- 11 grade‑level doors and three‑phase power ranging from 200 to 400 amps at 480 volts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$306,741
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,134,820
$6.1M
Cap Rate 7%
$4,382,014
$4.4M
Cap Rate 9%
$3,408,233
$3.4M
Market Conditions
NOI Build-Up for 41,675 SF
Gross rent
$400.1K $9.60/SF
− Vacancy
−$39.2K −$0.94/SF
EGI
$360.9K $8.66/SF
− OpEx
−$54.1K −$1.30/SF
NOI
$306.7K $7.36/SF
Area
Houston, TX
Vacancy
9.80%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,134,820
Cap Rate 7%
$4,382,014
Cap Rate 9%
$3,408,233
Alternative Uses
Best Use
Warehouse
$4.38M
$3.83M – $5.11M
NOI $306,741 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.72M
$9.38M – $12.50M
NOI $750,150 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
24 ft
Clear height
11
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77041, TX
35,958
Population
11,877
Households
3
Avg Household Size
38
Median Age
38%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,903
Density / Sq Mi
$79,164
Median Household Income
$40,991
Median Earnings
$1,638
Median Rent
$269,000
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 Houston, TX
Similar Off Market Nearby
- Affordable Boat & RV Storage — 6522 Lozano Dr, Houston, TX 77041
- J.P Store it — 6500 Lozano Dr, Houston, TX 77041
- Boat & RV Storage Cy-Fair Houston/ Cypress — 13514 weiman rd, houston, tx 77041
- Weiman Boat & RV Storage — 13514 Weiman Rd, Houston, TX 77041
- A-Boat & RV Storage — 13514 weiman rd, houston, tx 77041
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-building portfolio offering small-bay industrial space with heavy-power service across Northwest Houston submarkets.
Where is this warehouse located?
The property is located at 13470 FM 529 Houston, TX.
What is the asking price?
The asking price for this property is $9,400,000.
What are key features of this property?
This property features: Six‑building portfolio totals approximately 41,675 square feet on 3.36 combined acres; Buildings range from 4,800 to 10,625 square feet with 18’ to 24’ clear heights; 11 grade‑level doors and three‑phase power ranging from 200 to 400 amps at 480 volts
