Industrial Facility with Ramp
For Sale
Contact for pricing
Pending
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
Days on Market158
Property Features for 1950 Oday Rd
General Information
Standard status
Pending
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
(713) 906-0808
Listed By:
Cameron Crouch · License #531020
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Jul 24 at 2:54PM
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$157,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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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
