13939 Old Texaco Conroe, TX
22,220 SF industrial facility with 7.6% cap rate.
Property Features for 13939 Old Texaco
General Information
- Standard status
- Active
- Size
- 22,220 SF
- Lot size
- 2.48 Acres
- Property subtype
- INDUSTRIAL
Listing office Arrowstar Realty (936) 672-2087
Listing date Jul 24, 2025
Source Moodyscre
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 Arrowstar Realty
Investment Insights
Based on property information with market context.
Key Highlights
- 7.6% Cap Rate and $174,000 NOI
- 3 Year Lease signed on June 30, 2023
- 22,220 SF Industrial/Manufacturing Facility
Local 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 | $172.4k | $7.76 |
| − Vacancy | −$10.9k | −$0.49 |
| EGI | $161.6k | $7.27 |
| − OpEx | −$24.2k | −$1.09 |
| NOI | $137.3k | $6.18 |
