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Industrial Warehouse with Drive-Through
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19268 Kickapoo Rd, Waller, TX 77484

Flexible industrial facility with rear loading, dedicated office space, and expansion yard availability.

Property Size10,000 SF
Price / SF$140
Days on Market344

Property Features for 19268 Kickapoo Rd

General Information

Standard status Active
Size 10,000 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Drive-In Doors 2
Loading Rear Load
Truck Court Depth 112 ft
Power 400 amps
Voltage 480 V
Three-Phase Power Yes
Listing Agency: Lee & Associates
Listed By: Clint Hankla · License #630029
Source: Moodyscre
Added: Aug 25, 2025 Changed: Jul 31 Last Checked: Aug 3 at 10:30AM

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 Lee & Associates

Investment Insights

Based on property information with market context.

This ±10,000-square-foot industrial facility includes approximately 10% BTS office space, two grade-level overhead doors measuring 12’ x 14’, rear loading, and a 20’ eave height. The layout supports drive-through capability, while an expansion yard is available for additional operational flexibility.

The property is located in a deed-restricted business park 0.50 miles from Highway 290. Site improvements include a 112’ truck apron, offsite detention, well and septic service, and 3-phase, 480-volt, 400-amp electrical service. The property has no city or MUD tax.

Key Highlights

  • ±10,000 SF total with approximately 10% BTS office space
  • Two grade 12’ x 14’ overhead doors with rear loading
  • 20’ eave height and drive‑through capability

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $132.0k $13.20
− Vacancy −$9.5k −$0.95
EGI $122.5k $12.25
− OpEx −$18.4k −$1.84
NOI $104.1k $10.41
10,000 SF · lease $13.20/SF/yr · vacancy 7.20% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,122 @ 7.0% cap · market cap 7.44%
Second Best
Industrial
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,747 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M (±1% cap)
NOI $191,136 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 77484, TX

13,449
Population
5,180
Households
2.6
Avg Household Size
39
Median Age
25%
College-Educated
84%
High-School Grad
151.0 sq mi
ZIP Area
89
Density / Sq Mi
$71,446
Median Household Income
$35,091
Median Earnings
$1,075
Median Rent
$243,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible industrial facility with rear loading, dedicated office space, and expansion yard availability.
Where is this flex space located?
The property is located at 19268 Kickapoo Rd Waller, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: ±10,000 SF total with approximately 10% BTS office space; Two grade 12’ x 14’ overhead doors with rear loading; 20’ eave height and drive‑through capability
(832) 684-5301 Call to check price and availability
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