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    Northwest Houston Warehouse Space Title is generated by Realmo AI

    14518 Hempstead Rd, Houston, TX 77040

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    Efficient industrial warehouse spaces with convenient access to major transportation.

    Type:Industrial
    Property size:
    116,000 SF
    Added:
    Jun 4, 2025
    Days on Market:
    349
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 14518 Hempstead Rd

    General Information

    Standard status
    Active
    Size
    116,000 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 14518 Hempstead Rd Contact us

    1,303 Sq Ft $0.87/Mo

    Size
    1,303 SF
    Type
    Industrial
    Month-to-month leasing available! Call: 801-760-0315 for more information. Grade-level...
    show more
    Contact us

    We can help!

    Listing Contact
    Lindsay Ford

    Listing agent Lindsay Ford License #UT

    Listing date Jun 4, 2025

    Source Crexi

    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 Lindsay Ford

    HighLights

    • Convenient location with quick access to Beltway 8 and US 290
    • Month‑to‑month leasing available
    • On‑site management team for tenant support
    • Climate‑controlled units with private entrances and grade‑level doors
    • Ample parking and 79 drive‑in bays
    • Proximity to George Bush Intercontinental Airport and the Port of Houston

    Overview

    Hempstead Business Park provides businesses with efficient spaces to establish a commanding point of operations in Northwest Houston. The shallow-bay industrial warehouse park spans approximately 116,000 square feet with ample parking, 79 drive-in bays, 12- to 14-foot clear heights, and 125-amp, 1-phase power. An on-site management team ensures tenant experience. Hempstead Business Park offers climate-controlled units, each with a private entrance and at least one grade-level door. Connectivity is empowered by proximity to Beltway 8 and US 290, as tenants are less than five minutes from the convergence of those crucial arteries. Transportation options include air, land, and sea, with George Bush Intercontinental Airport, the Port of Houston, and intermodal terminals accessible within about 35 minutes or less. Northwest Houston has a dense pool of skilled labor for businesses to draw from, as over 105,000 people are employed in the industrial sector within a 5-mile radius of Hempstead Business Park. Month-to-month leasing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bellatrix Millworks General Contractor Bellatrix Millworks Inc. Industrial Manufacturer Ruck City / Scooter ... Auto Repair Shop Romeros Remodeling & Construction ... Construction Company G & S Kitchen ... Advertising Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Big Box & Wholesale Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Greengrass Storage Facility — 1401 Greengrass Dr 1st Floor, Houston, TX 77008
    • American Eagle Auto Storage — 4944 Dacoma St, Houston, TX 77092
    • Norberg Moving & Installation Services — 6620 Long Point Rd, Houston, TX 77055
    • HEMPSTEAD AUTO STORAGE — 4722 W 18th St, Houston, TX 77092
    • ReadySpaces — 1401 Greengrass Dr, Houston, TX 77008

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.5416651
    Latitude
    29.8606236

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    FAQs

    What type of property is this?
    Warehouse - Efficient industrial warehouse spaces with convenient access to major transportation.
    Where is this warehouse located?
    The property is located at 14518 Hempstead Rd Houston, TX.
    What are key features of this property?
    This property features: Convenient location with quick access to Beltway 8 and US 290; Month‑to‑month leasing available; On‑site management team for tenant support
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lindsay Ford
    Real Estate License ID: UT
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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