Houston Commercial Property for
For Sale
Contact for pricing
Pending
14555 S Main St, Houston, TX 77035
Mixed-use, industrial, and retail property available in Houston, TX.
Property Size52,753 SF
Days on Market351
Property Features for 14555 S Main St
General Information
Standard status
Pending
Size
52,753 SF
Property subtype
Industrial, Mixed Use, Retail
Occupancy
82%
Net Operating Income
$497,603
Building Details
Year Built
1984
Year Renovated
2020
Listing Agency:
Hunington Properties
(713) 623-6944
Listed By:
Todd Carlson · License #TX 531445
Source:
Crexi
Added: Aug 27, 2025
Changed: Aug 11
Last Checked: Aug 11 at 4:57PM
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 Hunington Properties
Investment Insights
Based on property information with market context.
This commercial real estate property, located in Houston, TX, offers a total size of 52,753 square feet. The property is suitable for mixed-use, industrial, and retail purposes.
Key Highlights
- Contact Todd Carlson ([email protected]) for more information.
- Built in 1984.
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
$297,448
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
4.58%
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%
$5,948,960
$5.9M
Cap Rate 7%
$4,249,257
$4.2M
Cap Rate 9%
$3,304,978
$3.3M
Market Conditions
NOI Build-Up for 52,753 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
$474.8K $9.00/SF
− Vacancy
−$49.9K −$0.95/SF
EGI
$424.9K $8.06/SF
− OpEx
−$127.5K −$2.42/SF
NOI
$297.4K $5.64/SF
Area
Houston, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$5,948,960
Cap Rate 7%
$4,249,257
Cap Rate 9%
$3,304,978
Alternative Uses
Best Use
Retail
$10.22M
$8.94M – $11.92M
NOI $715,310 @ 7.0% cap · market cap 11.00%
Second Best
Mixed Use
$9.95M
$8.70M – $11.61M
NOI $696,340 @ 7.0% cap · market cap 10.71%
Theoretical Best
Office A
$13.57M
$11.87M – $15.83M
NOI $949,554 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 77035, TX
37,417
Population
15,662
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
5.6 sq mi
ZIP Area
6,682
Density / Sq Mi
$57,691
Median Household Income
$38,326
Median Earnings
$1,124
Median Rent
$259,800
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use, industrial, and retail property available in Houston, TX.
Where is this mixed-use property located?
The property is located at 14555 S Main St Houston, TX.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Contact Todd Carlson ([email protected]) for more information.; Built in 1984.
