Warehouse Property with Multiple
For Sale
Contact for pricing
13626 ANN LOUISE RD, Houston, TX 77086
Multiple-bay warehouse property includes office space, two full baths, and a separate additional building.
Property Size10,239 SF
Price / SF$117.20
Days on Market599
Property Features for 13626 ANN LOUISE RD
General Information
Standard status
Active
Size
10,239 SF
Property subtype
INDUSTRIAL
Amenities
Gazebo
Building Details
Buildings
2
Listing Agency:
Ability Real Estate
(281) 449-8080
Listed By:
Mary Villarreal
(713) 569-4351
Source:
Moodyscre
Added: Jan 12, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:56PM
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 Ability Real Estate
Investment Insights
Based on property information with market context.
This warehouse property comprises a 10,239-square-foot main building with varied bay configurations, office space, and two full baths. A separate additional building provides two more bays, expanding the overall functional layout for warehouse and commercial operations. The improvements are positioned on more than 2 acres and include a gazebo at the rear of the property.
Key Highlights
- 10,239‑square‑foot warehouse property on 2+ acres
- Main building includes 4 bays measuring 14'x14' and 3 bays measuring 10'x10'
- Additional building offers 2 bays measuring 14'x14'
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
$75,362
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
6.28%
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%
$1,507,240
$1.5M
Cap Rate 7%
$1,076,600
$1.1M
Cap Rate 9%
$837,356
$837.4K
Market Conditions
NOI Build-Up for 10,239 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
$98.3K $9.60/SF
− Vacancy
−$9.6K −$0.94/SF
EGI
$88.7K $8.66/SF
− OpEx
−$13.3K −$1.30/SF
NOI
$75.4K $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 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%
$1,507,240
Cap Rate 7%
$1,076,600
Cap Rate 9%
$837,356
Alternative Uses
Best Use
Warehouse
$1.08M
$942.0K – $1.26M
NOI $75,362 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,302 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77086, TX
29,366
Population
9,315
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
6.8 sq mi
ZIP Area
4,319
Density / Sq Mi
$58,184
Median Household Income
$29,882
Median Earnings
$1,199
Median Rent
$196,300
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Similar Off Market Nearby
- Self-Storage at U-Haul — 11202 Antoine Dr, Houston, TX 77066
Frequently Asked Questions
What type of property is this?
Warehouse - Multiple-bay warehouse property includes office space, two full baths, and a separate additional building.
Where is this warehouse located?
The property is located at 13626 ANN LOUISE RD Houston, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10,239‑square‑foot warehouse property on 2+ acres; Main building includes 4 bays measuring 14'x14' and 3 bays measuring 10'x10'; Additional building offers 2 bays measuring 14'x14'
