Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1599 Hicks St Tomball, TX 77375

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile commercial space in Tomball with flexible use options.

    Type:Industrial
    Property size:
    7,878 SF
    Added:
    Dec 10, 2024
    Days on Market:
    501
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 1599 Hicks St

    General Information

    Standard status
    Active
    Size
    7,878 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 1599 Hicks St Contact us

    Suite A $15 /Mo

    Size
    Type
    Industrial
    Looking for versatile commercial space in Tomball? We have 3495-4392 SF Endcap Space,...
    show more
    Contact us

    Suite B $8 /Mo

    Size
    902 SF
    Type
    Industrial
    Looking for versatile commercial space in Tomball? We have 3495-4392 SF Endcap Space,...
    show more
    Contact us

    Suite C $15 /Mo

    Size
    Type
    Industrial
    Looking for versatile commercial space in Tomball? We have 3495-4392 SF Endcap Space,...
    show more
    Contact us

    We can help!

    Listing Contact
    Patrick Buckhoff, CCIM

    Listing agent Patrick Buckhoff, CCIM License #TX 9005284

    Listing office RE/MAX Commercial Advisors Group

    Listing date Dec 10, 2024

    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 RE/MAX Commercial Advisors Group

    Overview

    Tomball Commercial/Industrial Flex Space

    Located at 1599 Hicks Street, Tomball, TX 77375, this commercial/industrial space offers 7,878 square feet for lease. The property features spaces suitable for various uses, including a 3486-4388 square foot space ideal for a 2nd-Gen Production/Catering Kitchen with Walk-In, and a 902 square foot storage space. An endcap space of 3495-4392 square feet is also available. The storage space can be combined with the adjoining spaces providing additional space to support business growth. The property is zoned Commercial District with flexible use options. The site is fenced and gated for security. Immediate access to SH 249, Main Street, and Business 249 provides convenient access for customers and suppliers. Downtown Tomball is 5 minutes away, and the Grand Parkway (Highway 99) is 10 minutes away. This property is suitable for production, catering, and related uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alfred's Auto Service Auto Repair Shop Della Casa Pasta Specialty Food Shop Jumbo WP (Bike/Boat/Book/etc) Store Warehouse Warehouse & Storage

    Suggested Use

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

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

    Similar Places Nearby

    • Creole Meets Soul Country Kitchen — Tomball, TX 77375
    • Custom Culinary Events & Catering — 207 Commerce St, Tomball, TX 77375
    • MOCITY CRAWFISH — TX-249, Tomball, TX 77375

    Location Insight

    • Map
    • Local Demand
    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.632307
    Latitude
    30.097663

    Nearby Similar for Lease

    • $16 SF/Yr

      Tomball Office Suite For Lease

      New office suites in Tomball with upscale finishes available for lease.
      25420 Kuykendahl Rd., Tomball, TX 77375
      View Details
    • $695/Mo

      Move-in Ready Office Suite

      Recently renovated office suite with utilities included in Tomball, TX.
      1427 Keefer Rd, Tomball, TX
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      1,400 SF retail space with drive-thru on Kuykendahl Rd.
      25245 Kuykendahl Road, Tomball, TX 77375
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Retail space in Tomball near residential and school areas.
      10400 SPRING CYPRESS, Tomball, TX 77070
      View Details
    • Contact for pricing

      Tomball Retail and Office Spaces

      Retail and office spaces available in high-traffic Tomball location.
      701 E Main St, Tomball, TX 77375
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office space available for lease in Tomball, Texas.
      24445 State Highway 249, Tomball, TX, 77375
      View Details
    • $3,900/Mo

      Tomball Warehouses For Lease

      Two warehouses available for lease in a secluded area.
      23523 Lutheran Cemetery Rd, Tomball, TX
      View Details
    • $28 SF/Yr

      Tomball Office Space For Rent

      Office space available for rent in Tomball, Texas.
      425-425 Holderrieth Boulevard, Tomball, TX
      View Details
    • Contact for pricing

      Tomball Industrial/Manufacturing Building For Lease

      6,250 SF industrial/manufacturing building with easy access to major highways.
      20252 Telge Rd, Tomball, TX 77377
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      End-cap retail space with drive-thru in high-traffic area.
      25245 Kuykendahl Rd, Tomball, TX
      View Details
    • Contact for pricing

      Tomball Boutique Office Building

      Boutique office building near Hwy 249 & Hwy 99 interchange.
      24445 Tomball Pky, Tomball, TX 77375
      View Details
    • $4,500/Mo

      Tomball Office Space For Rent

      Office space in Tomball, TX available for immediate occupancy.
      13624 Michel Rd, Tomball, TX
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile commercial space in Tomball with flexible use options.
    Where is this flex space located?
    The property is located at 1599 Hicks St Tomball, TX.
    What are key features of this property?
    This property features: Immediate access to SH 249, Main Street, and Business 249; Versatile commercial/industrial space, divisible to suit tenant needs (Total 7,878 SF available); Suitable for a 2nd‑Gen Production/Catering Kitchen with Walk‑In
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Patrick Buckhoff, CCIM
    Real Estate License ID: TX 9005284
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!