For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Property For Sale Title is generated by Realmo AI

    21287 Foster Rd, Spring, TX 77388

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    24,375 SF industrial property available for purchase.

    Type:Industrial
    Property size:
    24,375 SF
    Price / SF:
    $106/SF
    Added:
    Oct 28, 2025
    Days on Market:
    253
    Last Refresh:
    Jul 4 at 5:35 am

    Property Features for 21287 Foster Rd

    General Information

    Standard status
    Active
    Size
    24,375 SF
    Property subtype
    Industrial

    We can help!

    Contact an agent
    Marko Milosavljevic

    Listing office Lee & Associates - Houston

    Listing date Oct 28, 2025

    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 Lee & Associates - Houston

    HighLights

    • No property information was provided to extract selling points.

    Overview

    This commercial real estate property, categorized as warehouses and industrial, offers 24,375 square feet of space and is currently for sale.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $189.2k $7.76
    − Vacancy −$11.9k −$0.49
    EGI $177.2k $7.27
    − OpEx −$26.6k −$1.09
    NOI $150.6k $6.18
    24,375 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.15M
    $1.88M – $2.51M (±1% cap)
    NOI $150,649 @ 7.0% cap · market cap 5.82%
    Second Best
    Industrial
    $1.77M
    $1.55M – $2.07M (±1% cap)
    NOI $124,063 @ 7.0% cap · market cap 4.79%
    Theoretical Best
    Specialty Retail
    $6.15M
    $5.38M – $7.18M (±1% cap)
    NOI $430,747 @ 7.0% cap · market cap 16.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Pallet Racks Material Handling Equipment Supplier

    Suggested Use

    Real Estate Agency Law Firm Building Supply Auto Parts Store Accounting Firm Clothing & Fashion Store Garden Center Electronics & Wireless Store Food Market Cafe & Coffee Shop

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

    Similar Places Nearby

    • Extra Space Storage — 3325 Spring Cypress Rd, Spring, TX 77388
    • Redline Storage — 3139 Spring Cypress Rd, Spring, TX 77388
    • Eubank Trailer Storage — 2303 Louetta Rd, Spring, TX 77388
    • Old Louetta Loop Storage — 2530 Old Louetta Loop Suite 113, Spring, TX 77388
    • STORAGE — 2530 Old Louetta Loop, Spring, TX 77388

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.456335
    Latitude
    30.069374

    FAQs

    What type of property is this?
    Warehouse - 24,375 SF industrial property available for purchase.
    Where is this warehouse located?
    The property is located at 21287 Foster Rd Spring, TX.
    What is the asking price?
    The asking price for this property is $2,590,000.
    What are key features of this property?
    This property features: No property information was provided to extract selling points.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message