Industrial Flex Space with
For Sale
Contact for pricing
18919 Tomball Parkway, Houston, TX 77070
Facility combines warehouse functionality with climate-controlled offices and a dedicated showroom.
Property Size5,290 SF
Price / SF$245.75
Days on Market53
Property Features for 18919 Tomball Parkway
General Information
Standard status
Active
Size
5,290 SF
Property subtype
Retail, Office, Industrial
Warehouse & Industrial
Clear Height
12 ft
Mezzanine
1,720 SF
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Units
1
Listing Agency:
Revko Commercial Real Estate
Listed By:
Jason Pate · License #0496521
(832) 748-1283
Source:
Crexi
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 16 at 7:15AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,290 SF industrial flex facility includes four overhead doors, ±12' clear height, and an 1,100-lb crane. The interior provides approximately 1,720 SF of mezzanine space along with climate-controlled main-level and upstairs offices. A showroom, grease trap, and four ventilation fans add functional improvements for varied industrial operations.
Located at 18919 Tomball Parkway in Houston, the property has direct access to SH 249/Tomball Parkway, connecting the facility with Northwest Houston and surrounding major thoroughfares.
Located at 18919 Tomball Parkway in Houston, the property has direct access to SH 249/Tomball Parkway, connecting the facility with Northwest Houston and surrounding major thoroughfares.
Key Highlights
- 5,290 SF industrial flex facility
- Four overhead doors with ±12' clear height
- 1,100‑lb crane included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,703
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,060
$1.2M
Cap Rate 7%
$881,471
$881.5K
Cap Rate 9%
$685,589
$685.6K
Market Conditions
NOI Build-Up for 5,290 SF
Gross rent
$114.3K $21.60/SF
− Vacancy
−$32.0K −$6.05/SF
EGI
$82.3K $15.55/SF
− OpEx
−$20.6K −$3.89/SF
NOI
$61.7K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,060
Cap Rate 7%
$881,471
Cap Rate 9%
$685,589
Alternative Uses
Best Use
Office B
$881.5K
$771.3K – $1.03M
NOI $61,703 @ 7.0% cap · market cap 4.75%
Second Best
Flex RnD
$786.9K
$688.6K – $918.1K
NOI $55,085 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,220 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77070, TX
52,943
Population
23,272
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
4,073
Density / Sq Mi
$72,440
Median Household Income
$44,073
Median Earnings
$1,571
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Flex space - Facility combines warehouse functionality with climate-controlled offices and a dedicated showroom.
Where is this flex space located?
The property is located at 18919 Tomball Parkway Houston, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 5,290 SF industrial flex facility; Four overhead doors with ±12' clear height; 1,100‑lb crane included
