Six-Building Small-Bay Warehouse
19954 Franz Road, Katy, TX 77449
For Sale
Contact for pricing
The portfolio combines industrial buildings with grade-level loading and three-phase heavy power.
Property Size41,675 SF
Lot Size3.36 Acres
Price / SF$225.55
Days on Market102
Property Features for 19954 Franz Road
General Information
Standard status
Size
Class
Lot size
Property subtype
Occupancy
Lease Type
Net Operating Income
Warehouse & Industrial
Drive-In Doors
Voltage
Three-Phase Power
Heavy Power
Additional Details
Highway Access
Building Details
Year Built
Year Renovated
Buildings
Tenancy
Construction
Listing Agency:
Marcus & Millichap - Austin
Listed By:
Tyler Ranft · License #TX 732964
(512) 338-7883
Source:
Crexi
Added: Jul 31
Changed: Oct 30
Last Checked: Nov 8 at 8:50AM
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 Marcus & Millichap - Austin
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Investment Insights
Based on property information with market context.
This six-building warehouse portfolio contains approximately 41,675 square feet of small-bay industrial space across a combined 3.36 acres. Individual buildings range from 4,800 to 10,625 square feet and were developed between 2018 and 2022. Improvements feature metal construction, 18' to 24' clear heights, 11 grade-level doors, and three-phase heavy power ranging from 200 to 400 amps at 480 volts.
The properties are distributed across Hockley, Cypress, Katy, and Houston within Northwest Houston. Access is positioned near Interstate 10, State Highway 99, U.S. Route 290, and Texas State Highway 6, providing proximity to major regional thoroughfares. The portfolio spans three Northwest Houston submarkets and includes a property at 19954 Franz Road in Katy, Texas.
The properties are distributed across Hockley, Cypress, Katy, and Houston within Northwest Houston. Access is positioned near Interstate 10, State Highway 99, U.S. Route 290, and Texas State Highway 6, providing proximity to major regional thoroughfares. The portfolio spans three Northwest Houston submarkets and includes a property at 19954 Franz Road in Katy, Texas.
Key Highlights
- Six‑building portfolio with approximately 41,675 square feet of small‑bay industrial space
- Combined land area of 3.36 acres
- Buildings range from 4,800 to 10,625 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$433,927
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,678,540
$8.7M
Cap Rate 7%
$6,198,957
$6.2M
Cap Rate 9%
$4,821,411
$4.8M
Market Conditions
NOI Build-Up for 41,675 SF
Gross rent
$550.1K $13.20/SF
− Vacancy
−$39.6K −$0.95/SF
EGI
$510.5K $12.25/SF
− OpEx
−$76.6K −$1.84/SF
NOI
$433.9K $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%
$8,678,540
Cap Rate 7%
$6,198,957
Cap Rate 9%
$4,821,411
Alternative Uses
Best Use
Warehouse
$6.20M
$5.42M – $7.23M
NOI $433,927 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.38M
$9.96M – $13.28M
NOI $796,559 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
11
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77449, TX
128,180
Population
40,773
Households
3.1
Avg Household Size
32
Median Age
28%
College-Educated
86%
High-School Grad
27.0 sq mi
ZIP Area
4,747
Density / Sq Mi
$85,934
Median Household Income
$42,015
Median Earnings
$1,755
Median Rent
$236,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Harris County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Tufstorage — 19934 Franz Rd, Katy, TX 77449
- storage — 19934 Franz Rd, Katy, TX 77449
- Saums Road Self Storage — 19936 Saums Rd, Katy, TX 77449
- Katy Auto Storage — 20090 Franz Rd, Katy, TX 77449
- Katy Boat and RV Storage — 20002 Franz Rd, Katy, TX 77449
Frequently Asked Questions
What type of property is this?
Warehouse - The portfolio combines industrial buildings with grade-level loading and three-phase heavy power.
Where is this warehouse located?
The property is located at 19954 Franz Road Katy, TX.
What is the asking price?
The asking price for this property is $9,400,000.
What are key features of this property?
This property features: Six‑building portfolio with approximately 41,675 square feet of small‑bay industrial space; Combined land area of 3.36 acres; Buildings range from 4,800 to 10,625 square feet
