Industrial Facility with Ramp
For Sale
Contact for pricing
1950 Oday Rd, Pearland, TX 77581
13,980 SF industrial facility on 2.5 acres in Pearland.
Property Size13,980 SF
Lot Size2.50 Acres
Price / SF$135.91
Days on Market208
Property Features for 1950 Oday Rd
General Information
Standard status
Active
Size
13,980 SF
Class
B
Lot size
2.50 Acres
Property subtype
Industrial
Zoning
Garden/O-Day Mixed Use
Investment Type
Owner/User
Building Details
Year Built
1988
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
GCP Commercial
Listed By:
Cameron Crouch · License #531020
(713) 906-0808
Source:
Crexi
Added: Mar 20
Changed: Oct 6
Last Checked: Oct 12 at 5:36PM
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 GCP Commercial
Investment Insights
Based on property information with market context.
This industrial facility offers 13,980 square feet of space on a 2.5-acre lot. The property features ramp-access loading with 18-wheeler capability. It is located in Pearl.
Key Highlights
- 13,980 SF Industrial Facility
- Situated on a 2.5 AC Lot
- Ramp‑Access Loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,506
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,150,120
$3.2M
Cap Rate 7%
$2,250,086
$2.3M
Cap Rate 9%
$1,750,067
$1.8M
Market Conditions
NOI Build-Up for 13,980 SF
Gross rent
$243.3K $17.40/SF
− Vacancy
−$18.2K −$1.31/SF
EGI
$225.0K $16.10/SF
− OpEx
−$67.5K −$4.83/SF
NOI
$157.5K $11.27/SF
Area
Pearland, TX
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,150,120
Cap Rate 7%
$2,250,086
Cap Rate 9%
$1,750,067
Alternative Uses
Best Use
Industrial
$2.25M
$1.97M – $2.63M
NOI $157,506 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.73M
$2.39M – $3.19M
NOI $191,257 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 77581, TX
49,198
Population
18,285
Households
2.7
Avg Household Size
38
Median Age
36%
College-Educated
94%
High-School Grad
24.6 sq mi
ZIP Area
2,000
Density / Sq Mi
$106,556
Median Household Income
$62,887
Median Earnings
$1,591
Median Rent
$309,100
Median Home Value
Check the figures for this property
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?
Industrial property - 13,980 SF industrial facility on 2.5 acres in Pearland.
Where is this industrial property located?
The property is located at 1950 Oday Rd Pearland, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 13,980 SF Industrial Facility; Situated on a 2.5 AC Lot; Ramp‑Access Loading
