Houston Warehouse with Fenced
For Sale
Contact for pricing
14006 Duncum St, Houston, TX 77015
7,500 SF warehouse with fenced storage yard for sale.
Property Size7,500 SF
Price / SF$119.14
Days on Market366
Property Features for 14006 Duncum St
General Information
Standard status
Active
Size
7,500 SF
Class
C
Property subtype
Industrial
Building Details
Year Built
1971
Stories
1
Listing Agency:
Partners
(713) 985-4631
Listed By:
Zane Carman · License #TX 677317
Source:
Crexi
Added: Aug 22, 2025
Changed: Aug 16
Last Checked: Aug 21 at 3:40PM
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 Partners
Investment Insights
Based on property information with market context.
This 7,500 square foot warehouse building features metal construction and LED warehouse lighting. It includes two grade-level loading doors and a small paved and fenced storage yard. The warehouse offers a clear height of approximately 14 to 18 feet. Recent exterior renovations include new paint and a new asphalt parking area. The property benefits from quick access to I-10, with a full interchange located about one mile away at Freeport Street and I-10. Situated within the city of Houston limits, the property has no zoning or known restrictions. An adjacent mobile home/office can be included in the sale.
Key Highlights
- Quick access to I‑10 (±1.00 mile to full interchange)
- Two grade‑level loading doors for ease of operations
- Located within city of Houston limits (no zoning or known restrictions)
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
$55,202
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
6.18%
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%
$1,104,040
$1.1M
Cap Rate 7%
$788,600
$788.6K
Cap Rate 9%
$613,356
$613.4K
Market Conditions
NOI Build-Up for 7,500 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
$72.0K $9.60/SF
− Vacancy
−$7.1K −$0.94/SF
EGI
$64.9K $8.66/SF
− OpEx
−$9.7K −$1.30/SF
NOI
$55.2K $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%
$1,104,040
Cap Rate 7%
$788,600
Cap Rate 9%
$613,356
Alternative Uses
Best Use
Warehouse
$788.6K
$690.0K – $920.0K
NOI $55,202 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$604.1K
$528.6K – $704.8K
NOI $42,289 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,000 @ 7.0% cap · market cap 15.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77015, TX
57,106
Population
19,961
Households
2.9
Avg Household Size
31
Median Age
11%
College-Educated
70%
High-School Grad
20.7 sq mi
ZIP Area
2,759
Density / Sq Mi
$57,324
Median Household Income
$34,477
Median Earnings
$1,169
Median Rent
$164,700
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Simond Self Storage facility — 13530 I-10, Houston, TX 77015
- Preferred Self Storage Unit — 13600 East Fwy, Houston, TX 77015
Frequently Asked Questions
What type of property is this?
Warehouse - 7,500 SF warehouse with fenced storage yard for sale.
Where is this warehouse located?
The property is located at 14006 Duncum St Houston, TX.
What is the asking price?
The asking price for this property is $893,529.
What are key features of this property?
This property features: Quick access to I‑10 (±1.00 mile to full interchange); Two grade‑level loading doors for ease of operations; Located within city of Houston limits (no zoning or known restrictions)
