Brand-New Tilt-Wall Industrial
For Sale
Contact for pricing
15918 Boudreaux Rd, Tomball, TX 77377
Brand-new tilt-wall industrial building with 36’ clear height, ESFR sprinklers, and pre-plumbed restrooms.
Property Size20,600 SF
Price / SF$257.28
Days on Market203
Property Features for 15918 Boudreaux Rd
General Information
Standard status
Active
Size
20,600 SF
Class
A
Property subtype
Industrial, Mixed Use
Warehouse & Industrial
Clear Height
36 ft
Dock-High Doors
1
Drive-In Doors
2
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Amenities
full-height glass storefront windows
double front entry doors
premium exterior finishes
corner visibility
Building Details
Year Built
2025
Buildings
1
Stories
1
Units
1
Construction
tilt-wall
Listing Agency:
RE/MAX Grand
Listed By:
ADEL HAZIM · License #TX 484450
(713) 922-2919
Source:
Crexi
Added: Feb 14
Changed: Aug 31
Last Checked: Sep 4 at 9:54PM
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 RE/MAX Grand
Investment Insights
Based on property information with market context.
For sale/lease: a brand-new Class-A tilt-wall industrial/flex building featuring 36’ clear height, an ESFR sprinkler system, and an R-30 insulated roof system. The building is pre-plumbed for restrooms and includes a layout designed to support flexible use, with the ability to adapt to an indoor sports and recreation concept. Exterior and presence upgrades include full-height glass storefront windows extending to the top, double front entry doors, premium exterior finishes, and corner visibility.
The property is situated on a prime corner along Boudreaux Rd at 15918 Boudreaux Rd, with regional access to SH 99 (Grand Parkway) and TX-249 within minutes. Operational features include one loading dock and two grade level overhead doors, along with expanded parking with 60+ spaces to support day-to-day access and customer/participant traffic.
The property is situated on a prime corner along Boudreaux Rd at 15918 Boudreaux Rd, with regional access to SH 99 (Grand Parkway) and TX-249 within minutes. Operational features include one loading dock and two grade level overhead doors, along with expanded parking with 60+ spaces to support day-to-day access and customer/participant traffic.
Key Highlights
- Brand‑new 20,600 SF Class‑A tilt‑wall industrial/flex building (Year built: 2025).
- 36’ clear height with an ESFR sprinkler system and an R‑30 insulated roof system.
- Pre‑plumbed for restrooms and includes one loading dock plus two grade‑level overhead doors.
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
$214,490
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
4.05%
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%
$4,289,800
$4.3M
Cap Rate 7%
$3,064,143
$3.1M
Cap Rate 9%
$2,383,222
$2.4M
Market Conditions
NOI Build-Up for 20,600 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
$271.9K $13.20/SF
− Vacancy
−$19.6K −$0.95/SF
EGI
$252.3K $12.25/SF
− OpEx
−$37.9K −$1.84/SF
NOI
$214.5K $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 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%
$4,289,800
Cap Rate 7%
$3,064,143
Cap Rate 9%
$2,383,222
Alternative Uses
Best Use
Warehouse
$3.06M
$2.68M – $3.57M
NOI $214,490 @ 7.0% cap · market cap 4.05%
Second Best
Industrial
$2.52M
$2.21M – $2.94M
NOI $176,639 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$5.62M
$4.92M – $6.56M
NOI $393,740 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
36 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Brand-new tilt-wall industrial building with 36’ clear height, ESFR sprinklers, and pre-plumbed restrooms.
Where is this flex space located?
The property is located at 15918 Boudreaux Rd Tomball, TX.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Brand‑new 20,600 SF Class‑A tilt‑wall industrial/flex building (Year built: 2025).; 36’ clear height with an ESFR sprinkler system and an R‑30 insulated roof system.; Pre‑plumbed for restrooms and includes one loading dock plus two grade‑level overhead doors.
