New Industrial Warehouse in
For Sale
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18922 Caspian Dr, Humble, TX 77346
Newly constructed warehouse suitable for storage, light industrial, or contractor use.
Property Size3,600 SF
Lot Size0.31 Acres
Price / SF$197.19
Days on Market245
Property Features for 18922 Caspian Dr
General Information
Standard status
Active
Size
3,600 SF
Lot size
0.31 Acres
Property subtype
Industrial, Mixed Use, Self Storage
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
Trinh Nguyen
Listed By:
Thế Trinh Nguyen · License #617251
Source:
Crexi
Added: Feb 4
Changed: Oct 7
Last Checked: Oct 5 at 6:52PM
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 Trinh Nguyen
Investment Insights
Based on property information with market context.
This newly constructed metal warehouse offers a high-quality industrial opportunity. The property features a 60’ x 60’ x 16’ red iron metal building with a clear-span interior and no trusses, providing flexibility for warehouse, storage, light industrial, or contractor use. Constructed with heavy-duty materials and designed to withstand up to 140 mph winds, the structure is under warranty. Situated on approximately 13,300 SF of commercial land, the site includes an asphalt-milled driveway and parking, with additional parking space along both sides of the building. Multiple oversized roll-up doors allow for efficient access and loading. The property is outside the flood zone and has easy permitting through Harris County. Power lines are accessible, allowing future owners to customize utilities to their operational needs. The parking lot is planned to be completed next week. The 3,600 square foot warehouse is located just 1.5 blocks from FM 1960 in a rapidly growing commercial corridor and is surrounded by strong commercial growth along FM 1960. It has convenient access to Hwy 59, Deerbrook Mall, Bush Intercontinental Airport, Humble City, and a wide range of retail, dining, and service amenities. The property is currently vacant and ideal for an owner-user or investor.
Key Highlights
- Brand new 2026 construction, offering modern features.
- Prime location just 1.5 blocks from FM 1960 in a rapidly growing commercial area.
- Clear‑span interior (60’ x 60’ x 16’) with no trusses, providing flexible space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,484
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,680
$749.7K
Cap Rate 7%
$535,486
$535.5K
Cap Rate 9%
$416,489
$416.5K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$47.5K $13.20/SF
− Vacancy
−$3.4K −$0.95/SF
EGI
$44.1K $12.25/SF
− OpEx
−$6.6K −$1.84/SF
NOI
$37.5K $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%
$749,680
Cap Rate 7%
$535,486
Cap Rate 9%
$416,489
Alternative Uses
Best Use
Warehouse
$535.5K
$468.6K – $624.7K
NOI $37,484 @ 7.0% cap · market cap 5.28%
Second Best
Self Storage
$527.9K
$461.9K – $615.9K
NOI $36,953 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$983.0K
$860.1K – $1.15M
NOI $68,809 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77346, TX
71,119
Population
26,650
Households
2.7
Avg Household Size
35
Median Age
42%
College-Educated
94%
High-School Grad
17.9 sq mi
ZIP Area
3,973
Density / Sq Mi
$116,658
Median Household Income
$61,767
Median Earnings
$1,770
Median Rent
$291,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Newly constructed warehouse suitable for storage, light industrial, or contractor use.
Where is this warehouse located?
The property is located at 18922 Caspian Dr Humble, TX.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: Brand new 2026 construction, offering modern features.; Prime location just 1.5 blocks from FM 1960 in a rapidly growing commercial area.; Clear‑span interior (60’ x 60’ x 16’) with no trusses, providing flexible space.
