Flex Space with Grade-Level
For Sale
Contact for pricing
14615 FM 2920, Tomball, TX 77377
The building offers paved concrete parking, vacant land, City of Tomball utilities, and access along FM 2920.
Property Size16,600 SF
Price / SF$149.10
Days on Market49
Property Features for 14615 FM 2920
General Information
Standard status
Active
Size
16,600 SF
Property subtype
Retail, Hospitality, Special Purpose
Investment Type
Owner/User
Site & Location
Traffic Count
27,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
25 ft
Drive-In Doors
4
Building Details
Year Built
1980
Stories
2
Construction
brick and metal
Listing Agency:
Texas Commercial Real Estate Services
Listed By:
Tyler Torres · License #TX 667430
(281) 898-0895
Source:
Crexi
Added: Aug 19
Changed: Sep 18
Last Checked: Oct 5 at 5:27PM
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 Texas Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This 16,600 SF flex-space property in Tomball features brick and metal construction completed in 1980. The building has an approximately 25-foot height and four 12-by-16-foot grade-level doors, supporting a range of commercial and industrial configurations. The site also includes 15,000 SF of paved concrete parking and approximately 1 acre of vacant land.
The property fronts FM 2920 with approximately 208 linear feet along the east-west arterial. Traffic on FM 2920 is approximately 27,000 VPD, and the site is 0.4 miles from Highway 249 and approximately 350 feet east of Calvert Road. City of Tomball utilities serve the property, and future FM 2920 widening is identified. Current carwash and retail plans are available upon request, and the property is free and clear of previous easements.
The property fronts FM 2920 with approximately 208 linear feet along the east-west arterial. Traffic on FM 2920 is approximately 27,000 VPD, and the site is 0.4 miles from Highway 249 and approximately 350 feet east of Calvert Road. City of Tomball utilities serve the property, and future FM 2920 widening is identified. Current carwash and retail plans are available upon request, and the property is free and clear of previous easements.
Key Highlights
- 16,600 SF flex‑space building with brick and metal construction completed in 1980
- Four 12x16’ grade‑level doors and an approximately 25’ building height
- ±208 FT of linear frontage on FM 2920 with approximately ±27,000 VPD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,842
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,456,840
$3.5M
Cap Rate 7%
$2,469,171
$2.5M
Cap Rate 9%
$1,920,467
$1.9M
Market Conditions
NOI Build-Up for 16,600 SF
Gross rent
$219.1K $13.20/SF
− Vacancy
−$15.8K −$0.95/SF
EGI
$203.3K $12.25/SF
− OpEx
−$30.5K −$1.84/SF
NOI
$172.8K $10.41/SF
Area
Harris County, TX
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,456,840
Cap Rate 7%
$2,469,171
Cap Rate 9%
$1,920,467
Alternative Uses
Best Use
Warehouse
$2.47M
$2.16M – $2.88M
NOI $172,842 @ 7.0% cap · market cap 6.98%
Second Best
Industrial
$2.03M
$1.78M – $2.37M
NOI $142,340 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$4.53M
$3.97M – $5.29M
NOI $317,286 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
25 ft
Clear height
4
Drive-in doors
27,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77377, TX
39,711
Population
13,625
Households
2.9
Avg Household Size
37
Median Age
46%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
1,128
Density / Sq Mi
$123,015
Median Household Income
$66,548
Median Earnings
$1,676
Median Rent
$352,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- MOCITY CRAWFISH — TX-249, Tomball, TX 77375
Frequently Asked Questions
What type of property is this?
Flex space - The building offers paved concrete parking, vacant land, City of Tomball utilities, and access along FM 2920.
Where is this flex space located?
The property is located at 14615 FM 2920 Tomball, TX.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: 16,600 SF flex‑space building with brick and metal construction completed in 1980; Four 12x16’ grade‑level doors and an approximately 25’ building height; ±208 FT of linear frontage on FM 2920 with approximately ±27,000 VPD
