Warehouse on
18611 Tomato Street, Spring, TX 77379
For Sale
Contact for pricing
The site pairs warehouse space with a substantial land component.
Property Size3,750 SF
Lot Size0.91 Acres
Price / SF$132
Days on Market32
Property Features for 18611 Tomato Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Warehouse Space
Property Use
Building Details
Building Size
Listing Agency:
Greater Houston Commercial
Listed By:
Stuart Rosen · License #tx
Source:
Crexi
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 4:05PM
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 Greater Houston Commercial
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Investment Insights
Based on property information with market context.
This warehouse property contains 3,750 square feet of building area on a 0.91-acre parcel. The combination of enclosed warehouse space and surrounding land defines the offering.
Key Highlights
- 3,750‑square‑foot warehouse
- 0.91‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,046
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,920
$780.9K
Cap Rate 7%
$557,800
$557.8K
Cap Rate 9%
$433,844
$433.8K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$49.5K $13.20/SF
− Vacancy
−$3.6K −$0.95/SF
EGI
$45.9K $12.25/SF
− OpEx
−$6.9K −$1.84/SF
NOI
$39.0K $10.41/SF
Area
Harris County, TX
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,920
Cap Rate 7%
$557,800
Cap Rate 9%
$433,844
Alternative Uses
Best Use
Warehouse
$557.8K
$488.1K – $650.8K
NOI $39,046 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$896.0K – $1.19M
NOI $71,676 @ 7.0% cap · market cap 14.48%
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
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77379, TX
84,704
Population
30,004
Households
2.8
Avg Household Size
38
Median Age
49%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
3,283
Density / Sq Mi
$110,712
Median Household Income
$58,474
Median Earnings
$1,618
Median Rent
$335,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Spring
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Louetta Storage Units — 5825 Louetta Rd, Spring, TX 77379
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- StoreEase Self Storage — 4910 Louetta Rd, Spring, TX 77379
- Carrot storage — 18802 Carrot St, Spring, TX 77379
- Drank Blvd custom — 18901 Kuykendahl Rd, Spring, TX 77379
Frequently Asked Questions
What type of property is this?
Warehouse - The site pairs warehouse space with a substantial land component.
Where is this warehouse located?
The property is located at 18611 Tomato Street Spring, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,750‑square‑foot warehouse; 0.91‑acre parcel
