Angleton Industrial Building For
For Sale
Contact for pricing
1830 W Henderson Rd, Angleton, TX 77515
12,000 SF industrial building on 1.3 acres.
Property Size12,000 SF
Lot Size1.30 Acres
Price / SF$100
Days on Market1910
Property Features for 1830 W Henderson Rd
General Information
Standard status
Active
Size
12,000 SF
Class
B
Total Parking Spaces
16
Lot size
1.30 Acres
Property subtype
Industrial
Lease Type
NNN
Building Details
Buildings
1
Stories
1
Listing Agency:
JLL - Houston, Texas
(713) 425-1810
Listed By:
Mark Nicholas, SIOR · License #TX 395835
Source:
Crexi
Added: Jun 8, 2021
Changed: Aug 28
Last Checked: Aug 29 at 12:20AM
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 JLL - Houston, Texas
Investment Insights
Based on property information with market context.
The property features a ±12,000 square foot building (120’ x 100’) on + 1.3 acres of land, with additional land available. The building is designed with expansion capabilities and includes ±1,200 square feet of expandable office space. It is crane-ready with a 10-ton capacity and a 20’ hook height. The construction is metallic with a brick facade office, featuring a 6” slab and a 26’ clear height. The truck apron is + 100’, with two 60’ clear span bays. Loading is facilitated by grade-level access, with the possibility of a truck well or ramp. There are three 12’ x 14’ overhead doors. Power is supplied by a 3-phase, 480-volt, 600-amp system, and the lighting is T-5. Parking includes 16 spaces with room for expansion. Build-to-suit options are available on over ±16.01 acres remaining. The park offers visibility from Highway 288, easy ingress/egress, and frontage on three streets. The average daily traffic volume is 34,000 vehicles per day.
Key Highlights
- ±12,000 s.f. building on + 1.3 acres with expansion capabilities and over ±16.01 acres remaining.
- Crane ready: 10‑ton with 20’ hook height and 26’ clear height.
- Excellent visibility from Highway 288 with easy access and frontage on three streets; 34,000 vehicles per day.
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
$61,795
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
5.15%
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%
$1,235,900
$1.2M
Cap Rate 7%
$882,786
$882.8K
Cap Rate 9%
$686,611
$686.6K
Market Conditions
NOI Build-Up for 12,000 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
$96.5K $8.04/SF
− Vacancy
−$8.2K −$0.68/SF
EGI
$88.3K $7.36/SF
− OpEx
−$26.5K −$2.21/SF
NOI
$61.8K $5.15/SF
Area
Brazoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
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%
$1,235,900
Cap Rate 7%
$882,786
Cap Rate 9%
$686,611
Alternative Uses
Best Use
Industrial
$882.8K
$772.4K – $1.03M
NOI $61,795 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$149.49M
$130.80M – $174.41M
NOI $10,464,347 @ 7.0% cap · market cap 872.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 77515, TX
32,710
Population
13,127
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
204.5 sq mi
ZIP Area
160
Density / Sq Mi
$89,029
Median Household Income
$48,097
Median Earnings
$1,024
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - 12,000 SF industrial building on 1.3 acres.
Where is this manufacturing property located?
The property is located at 1830 W Henderson Rd Angleton, 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: ±12,000 s.f. building on + 1.3 acres with expansion capabilities and over ±16.01 acres remaining.; Crane ready: 10‑ton with 20’ hook height and 26’ clear height.; Excellent visibility from Highway 288 with easy access and frontage on three streets; 34,000 vehicles per day.
