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Cypress Commercial Building with Storage

20204 Schiel Rd, Cypress, TX 77433

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For Sale

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10,000 SF metal building with climate-controlled space and storage.

Type:Industrial, Mixed Use, Retail, Self Storage, Special Purpose

Property size:

10,000 SF

Price / SF:

$187/SF

HighLights

Approximately 7,595 square feet of climate‑controlled space within a 10,000 square foot metal building.
Double entrances with median crossovers for easy access.
Includes both 3‑phase and single‑phase 400‑amp electrical service.
30’x50’ metal storage building at rear of property.
All climate‑controlled areas are finished with sheetrock, paint, and flooring.
Room for commercial frontage expansion with existing detention pond.

We can help!

Listing Contact

Kevin Ohara

For Sale

Contact for pricing

10,000 SF metal building with climate-controlled space and storage.

Type:Industrial, Mixed Use, Retail, Self Storage, Special Purpose

Property size:

10,000 SF

Price / SF:

$187/SF

Added:: Oct 2, 2024
Days on Market:: 616
Last Refresh:: May 12 at 9:49 pm

Property Features for 20204 Schiel Rd

General Information

Standard status: Active
Size: 10,000 SF
Property subtype: Industrial, Mixed Use, Retail, Self Storage, Special Purpose

Building Details

Year Built: 2005

We can help!

Listing Contact

Kevin Ohara

Listing agent Kevin Ohara License #TX 401500

Listing office O'Hara & Co Real Estate

Listing date Oct 2, 2024

Source Crexi

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 O'Hara & Co Real Estate

HighLights

Approximately 7,595 square feet of climate‑controlled space within a 10,000 square foot metal building.
Double entrances with median crossovers for easy access.
Includes both 3‑phase and single‑phase 400‑amp electrical service.
30’x50’ metal storage building at rear of property.
All climate‑controlled areas are finished with sheetrock, paint, and flooring.
Room for commercial frontage expansion with existing detention pond.

Overview

This commercial property features a metal building with approximately 10,000 square feet, including about 7,595 square feet of climate-controlled area. The climate-controlled spaces are finished with sheetrock, paint, and flooring. The property includes three and a half bathrooms. It has double entrances with median crossovers. Electrical service includes one 3-phase 400-amp service and one single-phase 400-amp service. A 30’x50’ metal storage building is located at the rear of the property. The site offers room for commercial frontage expansion, with a detention pond already in place.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$240.0k	$24.00
− Vacancy	−$36.0k	−$3.60
EGI	$204.0k	$20.40
− OpEx	−$76.5k	−$7.65
NOI	$127.5k	$12.75

10,000 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$1.82M

$1.59M – $2.13M (±1% cap)

NOI $127,500 @ 7.0% cap · market cap 6.80%

Second Best

Retail

$1.70M

$1.49M – $1.98M (±1% cap)

NOI $118,818 @ 7.0% cap · market cap 6.34%

Theoretical Best

Office A

$2.73M

$2.39M – $3.19M (±1% cap)

NOI $191,136 @ 7.0% cap · market cap 10.19%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Athletic Threads (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Cypress
County: Harris
State: Texas
Longitude: -95.731047
Latitude: 30.013388

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For sale
Mixed-use properties
TX
Cypress
77433
20204 Schiel Rd

What type of property is this?

Mixed-use property - 10,000 SF metal building with climate-controlled space and storage.

Where is this mixed-use property located?

The property is located at 20204 Schiel Rd Cypress, TX.

What is the asking price?

The asking price for this property is $1,875,000.

What are key features of this property?

This property features: Approximately 7,595 square feet of climate‑controlled space within a 10,000 square foot metal building.; Double entrances with median crossovers for easy access.; Includes both 3‑phase and single‑phase 400‑amp electrical service.