Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    18727 Kenswick Drive Humble, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    289,200 SF warehouse on 21.51 acres in Humble, TX.

    Type:INDUSTRIAL
    Property size:
    289,200 SF
    Lot size:
    21.51 Acres
    Added:
    Aug 13, 2024
    Days on Market:
    631
    Last Refresh:
    Apr 5 at 8:05 pm

    Property Features for 18727 Kenswick Drive

    General Information

    Standard status
    Active
    Size
    289,200 SF
    Lot size
    21.51 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 18727 Kenswick Drive Contact us

    We can help!

    Listing Contact
    Robert McGee, SIOR

    Listing agent Robert McGee, SIOR

    Listing office Colliers - Houston

    Listing date Aug 13, 2024

    Source Moodyscre

    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 Colliers - Houston

    Overview

    Humble Warehouse with Extensive Features

    This warehouse and distribution property offers a total of 289,200 square feet on approximately 21.51 acres. Constructed in 2015 and expanded in 2019, the property is fully fenced and secured. It includes 9,000 square feet of finished office space, an additional 9,000 square feet of white boxed area, and 18,000 square feet of concrete mezzanine. There is also approximately 5,271 square feet dedicated to warehouse break rooms, restrooms, and office space. The warehouse is equipped with 89 dock-high doors, featuring 35 pit levelers and 54 edge-of-dock levelers, as well as 110-volt outlets at every other door and dock lamps. Access is facilitated by 3 drive-in ramps with 20' x 16' automatic doors. The building is ESFR sprinklered and has a clear height of 28 feet. Additional features include approximately 3 acres of trailer storage, 272 vehicle parking spaces, and a 2,000 SF maintenance building on site. The electrical system is 3-phase, 480V, with 2,000 amps. The property also includes 12 HVLS fans, a 60 mil TPO roof, and LED warehouse lights.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Foward Air Solutions ... Corporate Office US Logistics Solutions, ... Logistics Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • CubeSmart Self Storage — 7900 FM 1960, Humble, TX 77338
    • Geodis — Humble, TX 77338
    • Crhistian View Distribution Center — 8603 FM 1960, Humble, TX 77338

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2971
    Latitude
    30.005

    Nearby Similar for Lease

    • $1.20 SF/Yr

      Northeast Houston Flex Space Available

      5,000 SF flex space for rent in Humble, Texas.
      2010 Rotary Drive, Humble, TX 77338
      View Details
    • $3,392/Mo

      Flex Space Available For Lease

      Flex space with office, grade-level door, and HVAC.
      1715 Humble Place Drive, Suite C, Humble, TX 77338
      View Details
    • $17 SF/Yr

      Medical Office Condo For Rent

      Medical office condo with highway access and ample parking.
      18838-18842 S Memorial Dr, Humble, Texas 77338
      View Details
    • $500/Mo

      Humble Place Office Space

      Office space in Humble Place Business Park available for lease.
      1931 Humble Place Drive, Humble, TX
      View Details
    • $1.05 SF/Yr

      New Construction Warehouse in Humble

      9,000 SF warehouse with offices to suit for rent.
      8101-8102 Cedar Pond Drive, Humble, TX
      View Details
    • $20 SF/Yr

      Kingwood Office Space For Rent

      Prime Kingwood location, turnkey ready for law firm.
      4300 TOWN CENTER PL, Humble, TX
      View Details
    • $650/Mo

      Kingwood Office Space For Rent

      Office space in a growing community with convenient highway access.
      1521 Green Oak Place, Humble, TX
      View Details
    • $1.10 SF/Yr

      Humble Retail Space Available

      Retail space with offices in Humble, Texas for lease.
      8077 E FM 1960 Road, Humble, TX
      View Details
    • Contact for pricing

      Humble Warehouse and Office Space

      170,991 SF warehouse with office space for lease.
      9456 McKay Center Dr., Humble, TX, 77338
      View Details
    • Contact for pricing

      Medical Office Building For Lease

      Class A medical office with surgery center, shell spaces available.
      1485 FM 1960 Byp E, Humble, TX 77338
      View Details
    • Contact for pricing

      Medical Office Building For Lease

      Class A medical office space with direct tollway access.
      9701 N Sam Houston Pky, Humble, TX 77396
      View Details
    • $22,000 SF/Yr

      Crane Served Warehouse For Lease

      20,000 SF warehouse with cranes, office, and fenced yard.
      14446 Smith Road, Humble, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - 289,200 SF warehouse on 21.51 acres in Humble, TX.
    Where is this warehouse located?
    The property is located at 18727 Kenswick Drive Humble, TX.
    What are key features of this property?
    This property features: ±289,200 SF total warehouse space on ±21.51 acres.; 89 dock‑high doors equipped with pit and edge‑of‑dock levelers.; Secure facility: Fully fenced and secured with gates.
    (713) 222-2111 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Robert McGee, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18727 Kenswick Drive, Humble, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!