Renovated Industrial Warehouse with
21410 West Hammond Drive Porter, TX 77365
For Sale
Contact for pricing
Recently renovated warehouse on a fenced lot with front office and showroom, new exterior, LED lighting, and epoxy floors.
Property Size20,000 SF
Lot Size1.76 Acres
Price / SF$119.75
Days on Market70
Property Features for 21410 West Hammond Drive
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 1.76 Acres
- Property subtype
- Retail, Office, Industrial
Listing Agency:
Cameron Real Estate
(832) 579-7713
Listed By:
Ethan Cameron · License #TX
Source:
Crexi
Added: May 15
Changed: Jul 23
Last Checked: Jul 23 at 6:10PM
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 Cameron Real Estate
Investment Insights
Based on property information with market context.
This recently renovated industrial warehouse is set on a fenced 1.76-acre lot and presents a turn-key interior and exterior upgrade. Improvements include a brand new metal exterior, fresh insulation, LED lighting throughout, and epoxy floors designed for durability. Office and showroom space are built out at the front of the building, providing dedicated customer or administrative area alongside warehouse operations.
The property is positioned for access to major transportation corridors, located just minutes off HWY 59/I69 and south of Grand Parkway 99. It also offers proximity to IAH Airport and Beltway 8, supporting regional distribution and commuting needs.
For tenants or buyers seeking a renovated warehouse with on-site front office/showroom configuration, this facility combines modern building systems and finish upgrades with practical layout for business operations, storage, or distribution.
The property is positioned for access to major transportation corridors, located just minutes off HWY 59/I69 and south of Grand Parkway 99. It also offers proximity to IAH Airport and Beltway 8, supporting regional distribution and commuting needs.
For tenants or buyers seeking a renovated warehouse with on-site front office/showroom configuration, this facility combines modern building systems and finish upgrades with practical layout for business operations, storage, or distribution.
Key Highlights
- 1.76‑acre fenced lot with a recently renovated industrial warehouse building
- New metal exterior, fresh insulation, and LED lighting throughout the warehouse
- Epoxy floors for durable interior flooring
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 | $155.2k | $7.76 |
| − Vacancy | −$9.8k | −$0.49 |
| EGI | $145.4k | $7.27 |
| − OpEx | −$21.8k | −$1.09 |
| NOI | $123.6k | $6.18 |
20,000 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.35M
$2.93M – $3.91M
NOI $234,468 @ 7.0% cap · market cap 9.79%
Second Best
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,609 @ 7.0% cap · market cap 5.16%
Theoretical Best
Specialty Retail
$5.05M
$4.42M – $5.89M
NOI $353,434 @ 7.0% cap · market cap 14.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
R & S Machine
Industrial Manufacturer
Similar Off Market Nearby
- Koda’s detailing — 24704 TX-494 Loop, Porter, TX 77365
FAQs
What type of property is this?
Flex space - Recently renovated warehouse on a fenced lot with front office and showroom, new exterior, LED lighting, and epoxy floors.
Where is this flex space located?
The property is located at 21410 West Hammond Drive Porter, TX.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 1.76‑acre fenced lot with a recently renovated industrial warehouse building; New metal exterior, fresh insulation, and LED lighting throughout the warehouse; Epoxy floors for durable interior flooring
