Industrial Flex
For Sale
Contact for pricing
18025 W LITTLE YORK RD, Katy, TX 77449
Industrial/flex space is offered with land identified for expansion.
Property Size15,000 SF
Price / SF$220
Days on Market77
Property Features for 18025 W LITTLE YORK RD
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Industrial, Mixed Use, Land
Additional Details
Land Use
industrial, flex
Building Details
Year Built
1996
Buildings
1
Stories
1
Units
8
Building Size
15,000 SF
Listing Agency:
Revko Commercial Real Estate
Listed By:
Boomer White · License #TX
Source:
Crexi
Added: Jun 15
Changed: Aug 29
Last Checked: Jun 19 at 3:38AM
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 Revko Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 18025 W Little York Rd in Katy, Texas, the property includes a 15,000 SF industrial/flex building and 2-acre expansion land. The offering combines an existing industrial-oriented facility with additional land identified for expansion, creating a single property with both building and land components.
Key Highlights
- 15,000 SF industrial/flex building
- 2‑acre expansion land
- Located at 18025 W Little York Rd, Katy, TX 77449
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
$92,707
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
2.81%
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%
$1,854,140
$1.9M
Cap Rate 7%
$1,324,386
$1.3M
Cap Rate 9%
$1,030,078
$1.0M
Market Conditions
NOI Build-Up for 15,000 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
$116.4K $7.76/SF
− Vacancy
−$7.3K −$0.49/SF
EGI
$109.1K $7.27/SF
− OpEx
−$16.4K −$1.09/SF
NOI
$92.7K $6.18/SF
Area
Fort Bend County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
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%
$1,854,140
Cap Rate 7%
$1,324,386
Cap Rate 9%
$1,030,078
Alternative Uses
Best Use
Warehouse
$1.32M
$1.16M – $1.55M
NOI $92,707 @ 7.0% cap · market cap 2.81%
Second Best
Industrial
$1.09M
$954.3K – $1.27M
NOI $76,347 @ 7.0% cap · market cap 2.31%
Theoretical Best
Multifamily LT 5
$186.86M
$163.51M – $218.01M
NOI $13,080,434 @ 7.0% cap · market cap 396.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77449, TX
128,180
Population
40,773
Households
3.1
Avg Household Size
32
Median Age
28%
College-Educated
86%
High-School Grad
27.0 sq mi
ZIP Area
4,747
Density / Sq Mi
$85,934
Median Household Income
$42,015
Median Earnings
$1,755
Median Rent
$236,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Deen's Catering — 18855 W Little York Rd #400A, Katy, TX 77449
- Carnitas Cazo & Pala — 17802 W Little York Rd, Houston, TX 77084
- Mobile Gourmet — 17430 W Little York Rd # K, Houston, TX 77084
Frequently Asked Questions
What type of property is this?
Flex space - Industrial/flex space is offered with land identified for expansion.
Where is this flex space located?
The property is located at 18025 W LITTLE YORK RD Katy, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 15,000 SF industrial/flex building; 2‑acre expansion land; Located at 18025 W Little York Rd, Katy, TX 77449
