Live-Work Warehouse with
For Sale
$500,000
17914 Beaumont Highway, Houston, TX 77049
New 2023 live-work property combines a warehouse shop with two roll-up doors, office space, and a separate 2-bedroom apartment.
Property Size2,310 SF
Price / SF$216.45
Days on Market82
Property Features for 17914 Beaumont Highway
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Income
Additional Details
Drive-In Doors
2
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,963
Amenities
Laminate,Tile
Yes
1
2
WasherHookup,DryerHookup
Appraiser
Cleared
5271
WorkshopInGarage
2310
Building Details
Building Size
2,310 SF
Year Built
2023
Stories
2
Listing Agency:
Brooks Ballard International Real Estate
(818) 276-7409
Listed By:
Catherine Dorsey
(818) 276-7409
Source:
Garygreene
Added: Jun 4
Changed: Aug 23
Last Checked: Aug 23 at 5:08AM
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 Brooks Ballard International Real Estate
Investment Insights
Based on property information with market context.
Built in 2023, this newly constructed multi-use live/work property combines a spacious warehouse/shop with office space and a separate residential unit. The commercial portion includes two oversized roll-up doors, office space, and a half bath. The residential portion is a separate 2-bedroom, 1-bath apartment that also includes a laundry room.
The property sits on a generously sized lot with ample parking, storage, and workspace. Separate utility meters provide additional flexibility for managing residential and commercial uses independently. The layout is designed to support both day-to-day business operations and on-site living.
This setup is well suited for contractors and owner-operators who want warehouse and office functionality with room for a separate apartment. Small businesses that require dedicated workspace and convenient on-site accommodations may also find the configuration practical. For investors and buyers considering mixed-use or live-work use, the two separated meters and distinct commercial and residential areas can help streamline operations while maintaining a flexible, multi-purpose footprint.
The property sits on a generously sized lot with ample parking, storage, and workspace. Separate utility meters provide additional flexibility for managing residential and commercial uses independently. The layout is designed to support both day-to-day business operations and on-site living.
This setup is well suited for contractors and owner-operators who want warehouse and office functionality with room for a separate apartment. Small businesses that require dedicated workspace and convenient on-site accommodations may also find the configuration practical. For investors and buyers considering mixed-use or live-work use, the two separated meters and distinct commercial and residential areas can help streamline operations while maintaining a flexible, multi-purpose footprint.
Key Highlights
- Newly built 2023 multi‑use live/work property combining a warehouse/shop, office space, and a separate apartment
- Warehouse/shop includes two oversized roll‑up doors, office space, and a half bath
- Separate 2‑bedroom, 1‑bath apartment with a dedicated laundry room
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
$30,492
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
6.10%
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%
$609,840
$609.8K
Cap Rate 7%
$435,600
$435.6K
Cap Rate 9%
$338,800
$338.8K
Market Conditions
NOI Build-Up for 2,310 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
$55.4K $24.00/SF
− Vacancy
−$6.7K −$2.88/SF
EGI
$48.8K $21.12/SF
− OpEx
−$18.3K −$7.92/SF
NOI
$30.5K $13.20/SF
Area
Houston, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
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%
$609,840
Cap Rate 7%
$435,600
Cap Rate 9%
$338,800
Alternative Uses
Best Use
Mixed Use
$435.6K
$381.2K – $508.2K
NOI $30,492 @ 7.0% cap · market cap 6.10%
Second Best
Office B
$384.9K
$336.8K – $449.1K
NOI $26,944 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$594.0K
$519.8K – $693.0K
NOI $41,580 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
1
Residential units
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 77049, TX
38,788
Population
12,618
Households
3.1
Avg Household Size
30
Median Age
15%
College-Educated
78%
High-School Grad
24.2 sq mi
ZIP Area
1,603
Density / Sq Mi
$70,514
Median Household Income
$37,262
Median Earnings
$1,491
Median Rent
$207,900
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - New 2023 live-work property combines a warehouse shop with two roll-up doors, office space, and a separate 2-bedroom apartment.
Where is this live-work space located?
The property is located at 17914 Beaumont Highway Houston, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Newly built 2023 multi‑use live/work property combining a warehouse/shop, office space, and a separate apartment; Warehouse/shop includes two oversized roll‑up doors, office space, and a half bath; Separate 2‑bedroom, 1‑bath apartment with a dedicated laundry room
