Missouri City Warehouse
For Sale
Contact for pricing
Pending
15250 Hillcroft Ave, Missouri City, TX 77489
52,000 sqft warehouse in Missouri City, Texas for sale.
Property Size52,000 SF
Days on Market211
Property Features for 15250 Hillcroft Ave
General Information
Standard status
Pending
Size
52,000 SF
Property subtype
Industrial
Building Details
Year Built
2021
Buildings
1
Listing Agency:
STRIVE Commercial Real Estate Advisors
Listed By:
Jake Dutson · License #702071-SA
Source:
Crexi
Added: Jan 14
Changed: Aug 8
Last Checked: Aug 12 at 9:31AM
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 STRIVE Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 52,000 square foot warehouse property located in Missouri City, Texas. The property is suitable for warehouse and industrial purposes.
Key Highlights
- 52,000 sqft warehouse available for sale.
- Located in Missouri City, Texas.
- Built in 2021.
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
$321,384
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
3.84%
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%
$6,427,680
$6.4M
Cap Rate 7%
$4,591,200
$4.6M
Cap Rate 9%
$3,570,933
$3.6M
Market Conditions
NOI Build-Up for 52,000 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
$403.5K $7.76/SF
− Vacancy
−$25.4K −$0.49/SF
EGI
$378.1K $7.27/SF
− OpEx
−$56.7K −$1.09/SF
NOI
$321.4K $6.18/SF
Area
Fort Bend County, TX
Vacancy
6.30%
Lease Rate
$7.76 /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%
$6,427,680
Cap Rate 7%
$4,591,200
Cap Rate 9%
$3,570,933
Alternative Uses
Best Use
Warehouse
$4.59M
$4.02M – $5.36M
NOI $321,384 @ 7.0% cap · market cap 3.84%
Second Best
Industrial
$3.78M
$3.31M – $4.41M
NOI $264,669 @ 7.0% cap · market cap 3.16%
Theoretical Best
Multifamily LT 5
$647.79M
$566.82M – $755.76M
NOI $45,345,504 @ 7.0% cap · market cap 541.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77489, TX
37,257
Population
13,883
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
11.3 sq mi
ZIP Area
3,297
Density / Sq Mi
$74,097
Median Household Income
$39,189
Median Earnings
$1,797
Median Rent
$209,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Southwest Car Zone — 16305 Fondren Rd, Missouri City, TX 77489
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- ULockStore - Cheap Self Storage Units Missouri City TX — 1613 Independence Blvd, Missouri City, TX 77489
Frequently Asked Questions
What type of property is this?
Warehouse - 52,000 sqft warehouse in Missouri City, Texas for sale.
Where is this warehouse located?
The property is located at 15250 Hillcroft Ave Missouri City, TX.
What is the asking price?
The asking price for this property is $8,375,000.
What are key features of this property?
This property features: 52,000 sqft warehouse available for sale.; Located in Missouri City, Texas.; Built in 2021.
