Insulated Industrial Building with
18120 W Bellfort Building I, Richmond, TX 77407
5,950 SF insulated industrial building with climate-controlled warehouse and office.
Type:Industrial, Special Purpose
Property size:
5,950 SFPrice / SF:
$210/SF- Added:
- Jan 25, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 18120 W Bellfort Building I
General Information
- Standard status
- Active
- Size
- 5,950 SF
- Property subtype
- Industrial, Special Purpose
Building Details
- Year Built
- 2024
Listing agent Jauhar Mahmood License #TX628913
Listing office REALM Real Estate Professionals (832) 541-0263
Listing date Jan 25, 2026
Source Crexi
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 REALM Real Estate Professionals
HighLights
- Climate‑controlled warehouse and office space due to recently installed HVAC system throughout.
- Excellent location in a strong growth corridor near the Grand Parkway (TX‑99).
- Significant operating cost savings due to no MUD tax and a favorable property tax rate.
- Functional industrial space with approximately 5,950 square feet, including 400 square feet of finished office.
- High ceiling clearance of approximately 20 feet, suitable for various industrial, service, storage, and distribution uses.
- Direct access from West Bellfort Street with on‑site parking and easy truck access.
Overview
Building I at 18120 West Bellfort Street is a fully insulated metal industrial building offering approximately 5,950 square feet of total space, including approximately 400 square feet of finished office. The warehouse features approximately 20-foot clear ceiling height, making it suitable for a wide range of industrial, service, storage, and distribution uses. The building is equipped with a recently installed HVAC system throughout the entire warehouse and office area, providing climate-controlled functionality. This allows for greater flexibility of use, including businesses that require temperature-controlled operations. The property offers direct access from West Bellfort Street with on-site parking and easy truck access. It is located in a strong growth corridor near the Grand Parkway (TX■99) and surrounded by expanding residential and commercial developments in the Richmond and Aliana areas. The property has no MUD tax and a favorable property tax rate, which significantly reduces operating costs for owner-users and investors. The building is well-suited for contractors, medical supply, light manufacturing, e-commerce, or service-oriented businesses seeking a functional industrial facility in a rapidly developing submarket.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$920.1K
NOI $82,809 @ 9.00% cap · cautious / downside scenario
Moderate
$1.18M
NOI $82,809 @ 7.00% cap · market / base-case scenario
Aggressive
$1.66M
NOI $82,809 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.1k | $25.56 |
| − Vacancy | −$41.7k | −$7.00 |
| EGI | $110.4k | $18.56 |
| − OpEx | −$27.6k | −$4.64 |
| NOI | $82.8k | $13.92 |
5,950 SF · lease $25.56/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.18M
$1.04M – $1.38M
NOI $82,809 @ 7.0% cap · market cap 6.62%
Second Best
Warehouse
$525.3K
$459.7K – $612.9K
NOI $36,774 @ 7.0% cap · market cap 2.94%
Theoretical Best
Multifamily LT 5
$74.12M
$64.86M – $86.48M
NOI $5,188,572 @ 7.0% cap · market cap 415.09%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Jack it Up ...
General Contractor
Trans-American AC Supply ...
Hardware & Home Improvement
The Volleyball School
Training Center
US CARGO SERVICES
Shipping Company
ARG Dynamics
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.74805
- Latitude
- 29.664894
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 5,950 SF insulated industrial building with climate-controlled warehouse and office.
Where is this flex space located?
The property is located at 18120 W Bellfort Building I Richmond, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Climate‑controlled warehouse and office space due to recently installed HVAC system throughout.; Excellent location in a strong growth corridor near the Grand Parkway (TX‑99).; Significant operating cost savings due to no MUD tax and a favorable property tax rate.
