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Industrial Garage with Fenced Yard
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17656 FM 1485, New Caney, TX 77357

12,000 SF industrial garage on 10.82 acres with a fenced, gated yard and existing equipment and income streams.

Property Size2,000 SF
Lot Size0.82 Acres
Price / SF$375
Days on Market316

Property Features for 17656 FM 1485

General Information

Standard status Active
Size 2,000 SF
Lot size 0.82 Acres
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Warehouse & Industrial

Office Build-Out 120 SF
Power 200 amps

Additional Details

Gross Income $16,200

Amenities

200-amp electrical service

Building Details

Buildings 1
Building Size 2,000 SF
Listing Agency: Texas CRES
Listed By: Joel C. English · License #465800
Source: Moodyscre
Added: Dec 18, 2025 Changed: Oct 25 Last Checked: Oct 28 at 10:01AM

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 Texas CRES

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial garage property includes a functional 40' x 50' main building with approximately a 10' x 12' office area, supported by a 200-amp electrical service with an oversized breaker box. The site features a fully fenced and gated yard with a dedicated laydown/storage area for outdoor equipment or material staging.

The property is positioned along FM 1485, providing convenient access to New Caney and regional routes including I-69/US 59 and SH 99 (Grand Parkway). It has been operated successfully for tire shop, welding shop, auto service, or similar industrial uses since the early 2000s.

At closing, fixtures convey including a vehicle lift, tire changing machine, tire balancing machine, air compressor, brake rotor machine, and one industrial fan. Existing income streams include a billboard lease of $350 per month with an active contract and right of first refusal, plus trailer rental income of approximately $1,000 per month on a month-to-month basis. A creative financing component is also available.

Key Highlights

  • ±12,000 SF industrial garage on ±0.82 acres on FM 1485 in New Caney
  • 40' x 50' main building with an approx. 10' x 12' office area for light industrial/service/fabrication or storage
  • 200‑amp electrical service with an oversized breaker box to support industrial operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,119
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,380 $542.4K
Cap Rate 7%
$387,414 $387.4K
Cap Rate 9%
$301,322 $301.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$41.0K $20.52/SF
− Vacancy
−$2.3K −$1.15/SF
EGI
$38.7K $19.37/SF
− OpEx
−$11.6K −$5.81/SF
NOI
$27.1K $13.56/SF
Area
Montgomery County, 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 Rate 5%
$542,380
Cap Rate 7%
$387,414
Cap Rate 9%
$301,322

Alternative Uses

Best Use
Retail
$387.4K
$339.0K – $452.0K (±1% cap)
NOI $27,119 @ 7.0% cap · market cap 3.62%
Second Best
Industrial
$145.4K
$127.3K – $169.7K (±1% cap)
NOI $10,180 @ 7.0% cap · market cap 1.36%
Theoretical Best
Specialty Retail
$504.9K
$441.8K – $589.1K (±1% cap)
NOI $35,343 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77357, TX

30,339
Population
12,638
Households
2.4
Avg Household Size
34
Median Age
15%
College-Educated
80%
High-School Grad
67.1 sq mi
ZIP Area
452
Density / Sq Mi
$73,773
Median Household Income
$40,211
Median Earnings
$1,366
Median Rent
$218,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - 12,000 SF industrial garage on 10.82 acres with a fenced, gated yard and existing equipment and income streams.
Where is this flex space located?
The property is located at 17656 FM 1485 New Caney, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: ±12,000 SF industrial garage on ±0.82 acres on FM 1485 in New Caney; 40' x 50' main building with an approx. 10' x 12' office area for light industrial/service/fabrication or storage; 200‑amp electrical service with an oversized breaker box to support industrial operations
(713) 473-7200 · Office Call to check price and availability
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