Flex Space with
For Sale
Contact for pricing
1707 Bernie Ave, Rosenberg, TX 77471
Insulated warehouse space is paired with individual offices, a conference room, and a breakroom.
Property Size7,400 SF
Lot Size1.00 Acre
Price / SF$162.16
Days on Market246
Property Features for 1707 Bernie Ave
General Information
Standard status
Active
Size
7,400 SF
Lot size
1.00 Acre
Property subtype
Industrial, Mixed Use, Office, Special Purpose
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
5,000 SF
Office Build-Out
2,400 SF
Power
100 amps
Three-Phase Power
No
Amenities
electric gate
alarm system
breakroom
conference room
private bathroom/shower
Building Details
Building Size
7,400 SF
Construction
insulated metal
Listing Agency:
Polished Dimes Real Estate, LLC
Listed By:
Polished Dimes Real Estate, LLC _ · License #TX 9008696
Source:
Crexi
Added: Feb 12
Changed: Oct 9
Last Checked: Oct 16 at 8:26AM
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 Polished Dimes Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 7,400-square-foot flex property combines a 5,000-square-foot warehouse with 2,400 square feet of office space on 1 acre. The insulated metal warehouse measures 50 by 100 feet and has single-phase electrical service with 100-amp service lines run for a compressor. A 1.25-inch water line, alarm system, fencing, and an electric gate are also included.
The office component provides five individual offices, including one 12-by-12-foot office with a private bathroom and shower. Additional improvements include a 13-by-17-foot conference room, kitchen and breakroom areas, and storage space. The property offers nearby access to I-69, local businesses, and the Fort Bend County EPICENTER.
The office component provides five individual offices, including one 12-by-12-foot office with a private bathroom and shower. Additional improvements include a 13-by-17-foot conference room, kitchen and breakroom areas, and storage space. The property offers nearby access to I-69, local businesses, and the Fort Bend County EPICENTER.
Key Highlights
- 7,400‑square‑foot building on 1 acre
- 5,000‑square‑foot, 50x100 insulated metal warehouse
- 2,400 square feet of office space with 5 individual offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,989
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,059,780
$2.1M
Cap Rate 7%
$1,471,271
$1.5M
Cap Rate 9%
$1,144,322
$1.1M
Market Conditions
NOI Build-Up for 7,400 SF
Gross rent
$189.1K $25.56/SF
− Vacancy
−$51.8K −$7.00/SF
EGI
$137.3K $18.56/SF
− OpEx
−$34.3K −$4.64/SF
NOI
$103.0K $13.92/SF
Area
Fort Bend County, TX
Vacancy
27.40%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,059,780
Cap Rate 7%
$1,471,271
Cap Rate 9%
$1,144,322
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $102,989 @ 7.0% cap · market cap 8.58%
Second Best
Warehouse
$653.4K
$571.7K – $762.3K
NOI $45,735 @ 7.0% cap · market cap 3.81%
Theoretical Best
Multifamily LT 5
$92.19M
$80.66M – $107.55M
NOI $6,453,014 @ 7.0% cap · market cap 537.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77471, TX
42,284
Population
17,618
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
86%
High-School Grad
98.2 sq mi
ZIP Area
431
Density / Sq Mi
$71,018
Median Household Income
$39,349
Median Earnings
$1,320
Median Rent
$235,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Insulated warehouse space is paired with individual offices, a conference room, and a breakroom.
Where is this flex space located?
The property is located at 1707 Bernie Ave Rosenberg, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,400‑square‑foot building on 1 acre; 5,000‑square‑foot, 50x100 insulated metal warehouse; 2,400 square feet of office space with 5 individual offices
