Houston Showroom/Warehouse Facility For
For Sale
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16920 Mathis Church Rd, Houston, TX 77090
Freestanding, remodeled showroom/warehouse on 0.53 acres in Houston, Texas.
Property Size3,750 SF
Lot Size0.53 Acres
Price / SF$213.33
Days on Market504
Property Features for 16920 Mathis Church Rd
General Information
Standard status
Active
Size
3,750 SF
Lot size
0.53 Acres
Property subtype
Industrial
Investment Type
Sale/Leaseback
Building Details
Year Built
2008
Year Renovated
2022
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Henry S. Miller Houston
Listed By:
Sam Chang · License #645529
Source:
Crexi
Added: Mar 27, 2025
Changed: Aug 8
Last Checked: Aug 11 at 9:12AM
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 Henry S. Miller Houston
Investment Insights
Based on property information with market context.
This freestanding showroom and warehouse facility is located in Houston, Texas. Constructed in 2008 and remodeled in 2022, the metal building features a brick facade. The property offers a total of 3,750 square feet of fully air-conditioned space on a 0.53-acre lot. The building has a clear height of approximately 14 feet. Surplus land is available, offering potential for expansion. The property is suitable for various uses, including showroom/warehouse, retail, and mixed-use. Located in unincorporated Harris County, the property has no zoning restrictions. Utilities are available via HC MUD 86. Recent renovations and repairs have been completed, making the property move-in ready.
Key Highlights
- Move‑in ready showroom/warehouse facility with recent (2022) remodel.
- Located on a 0.53‑acre lot with surplus land for potential expansion.
- 3,750 SF modern metal building with brick facade.**
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
$50,849
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
6.36%
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%
$1,016,980
$1.0M
Cap Rate 7%
$726,414
$726.4K
Cap Rate 9%
$564,989
$565.0K
Market Conditions
NOI Build-Up for 3,750 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
$77.0K $20.52/SF
− Vacancy
−$4.3K −$1.15/SF
EGI
$72.6K $19.37/SF
− OpEx
−$21.8K −$5.81/SF
NOI
$50.8K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /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%
$1,016,980
Cap Rate 7%
$726,414
Cap Rate 9%
$564,989
Alternative Uses
Best Use
Retail
$726.4K
$635.6K – $847.5K
NOI $50,849 @ 7.0% cap · market cap 6.36%
Second Best
Flex RnD
$557.8K
$488.1K – $650.8K
NOI $39,049 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$964.3K
$843.8K – $1.13M
NOI $67,500 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,474
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77090, TX
42,285
Population
19,076
Households
2.2
Avg Household Size
30
Median Age
25%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,917
Density / Sq Mi
$48,196
Median Household Income
$35,936
Median Earnings
$1,228
Median Rent
$235,500
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?
Warehouse - Freestanding, remodeled showroom/warehouse on 0.53 acres in Houston, Texas.
Where is this warehouse located?
The property is located at 16920 Mathis Church Rd Houston, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Move‑in ready showroom/warehouse facility with recent (2022) remodel.; Located on a 0.53‑acre lot with surplus land for potential expansion.; 3,750 SF modern metal building with brick facade.**
