Warehouse with Three-Phase
For Sale
$800,000
202 Industrial Blvd Ste 801, Sugar Land, TX 77478
Metal industrial building with grade-level access and electrical service suited to warehouse, storage, and distribution functions.
Property Size3,500 SF
Days on Market62
Property Features for 202 Industrial Blvd Ste 801
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Industrial
Building Details
Building Size
3,500 SF
Listing Agency:
Lee & Associates - Houston
Listed By:
Stuart Peterson · License #TX #712846
(281) 755-1748
Source:
Lee-associates
Added: Aug 16
Changed: Oct 9
Last Checked: Oct 16 at 8:14AM
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 - Houston
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Investment Insights
Based on property information with market context.
This 3,500-square-foot warehouse at 202 Industrial Blvd, Ste 801, provides a practical industrial footprint in Sugar Land, Texas. The metal building includes a grade-level door measuring 14 feet by 14 feet, supporting the movement of materials and equipment. Electrical service is delivered through a 3-phase system at 480V, providing a specialized utility feature for warehouse and industrial operations.
The property is identified for warehouse use and can support storage, distribution, and manufacturing-related activities described in the property information. A lease is in place through 5/1/24. The address is 202 Industrial Blvd, Ste 801, Sugar Land, TX 77478.
The property is identified for warehouse use and can support storage, distribution, and manufacturing-related activities described in the property information. A lease is in place through 5/1/24. The address is 202 Industrial Blvd, Ste 801, Sugar Land, TX 77478.
Key Highlights
- 3,500 SF warehouse building in Sugar Land, TX
- 3‑phase, 480V power service
- Metal construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,685
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,700
$773.7K
Cap Rate 7%
$552,643
$552.6K
Cap Rate 9%
$429,833
$429.8K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$50.4K $14.40/SF
− Vacancy
−$4.9K −$1.40/SF
EGI
$45.5K $13.00/SF
− OpEx
−$6.8K −$1.95/SF
NOI
$38.7K $11.05/SF
Area
Sugar Land, TX
Vacancy
9.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,700
Cap Rate 7%
$552,643
Cap Rate 9%
$429,833
Alternative Uses
Best Use
Warehouse
$552.6K
$483.6K – $644.8K
NOI $38,685 @ 7.0% cap · market cap 4.84%
Second Best
Industrial
$455.1K
$398.2K – $531.0K
NOI $31,858 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$669.6K
$585.9K – $781.2K
NOI $46,872 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77478, TX
24,536
Population
9,168
Households
2.7
Avg Household Size
48
Median Age
59%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
2,454
Density / Sq Mi
$116,205
Median Household Income
$53,388
Median Earnings
$1,751
Median Rent
$378,700
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
Similar Off Market Nearby
- Public Storage — 9870 US Highway 90 ALT, Sugar Land, TX 77478
- Public Storage — 888 Eldridge Rd, Sugar Land, TX 77478
- Gillingham Lane Self Storage — 1111 Gillingham Ln, Sugar Land, TX 77478
- MSR STORES — 12410 Grove Meadow Dr, Stafford, TX 77477
- Gillingham Storage Facility — 1408 Gillingham Ln, Sugar Land, TX 77478
Frequently Asked Questions
What type of property is this?
Warehouse - Metal industrial building with grade-level access and electrical service suited to warehouse, storage, and distribution functions.
Where is this warehouse located?
The property is located at 202 Industrial Blvd Ste 801 Sugar Land, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3,500 SF warehouse building in Sugar Land, TX; 3‑phase, 480V power service; Metal construction
