Industrial Warehouse with Grade-Level
For Sale
Contact for pricing
22243 Mueschke Road, Tomball, TX 77377
Shell-condition industrial building with grade-level overhead doors and direct frontage on Mueschke Road.
Property Size6,000 SF
Price / SF$155
Days on Market55
Property Features for 22243 Mueschke Road
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Zoning
Commercial
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Cross Capital Realty
Listed By:
Vicky Cedillo · License #607705
Source:
Crexi
Added: Jul 7
Changed: Aug 8
Last Checked: Aug 28 at 5:48PM
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 Cross Capital Realty
Investment Insights
Based on property information with market context.
Building 12 is a 6,000 SF industrial warehouse offered for sale within Mueschke Business Park in Tomball, Texas. The property is presented in shell condition, giving buyers flexibility to design and construct an interior build-out aligned with operational needs. Building 12 is described as a flexible office/warehouse configuration and includes grade-level overhead doors, modern industrial construction, and ample on-site parking. Utilities are available.
The building is positioned directly on Mueschke Road, providing visibility and exposure along the frontage. The remarks state strong daily traffic counts and excellent accessibility to SH 249, Grand Parkway (SH 99), and FM 2920.
For a buyer seeking an owner-user location or an industrial asset intended for leasing, the property is offered as a highly visible frontage opportunity in a professionally developed business park setting.
The building is positioned directly on Mueschke Road, providing visibility and exposure along the frontage. The remarks state strong daily traffic counts and excellent accessibility to SH 249, Grand Parkway (SH 99), and FM 2920.
For a buyer seeking an owner-user location or an industrial asset intended for leasing, the property is offered as a highly visible frontage opportunity in a professionally developed business park setting.
Key Highlights
- 6,000 SF industrial building in Mueschke Business Park with direct frontage on Mueschke Rd.
- Offered in shell condition for flexible interior build‑out to fit warehouse and/or office needs.
- Grade‑level overhead doors and a flexible office/warehouse configuration.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,473
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,249,460
$1.2M
Cap Rate 7%
$892,471
$892.5K
Cap Rate 9%
$694,144
$694.1K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$79.2K $13.20/SF
− Vacancy
−$5.7K −$0.95/SF
EGI
$73.5K $12.25/SF
− OpEx
−$11.0K −$1.84/SF
NOI
$62.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,249,460
Cap Rate 7%
$892,471
Cap Rate 9%
$694,144
Alternative Uses
Best Use
Warehouse
$892.5K
$780.9K – $1.04M
NOI $62,473 @ 7.0% cap · market cap 6.72%
Second Best
Industrial
$735.0K
$643.1K – $857.5K
NOI $51,448 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,682 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77377, TX
39,711
Population
13,625
Households
2.9
Avg Household Size
37
Median Age
46%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
1,128
Density / Sq Mi
$123,015
Median Household Income
$66,548
Median Earnings
$1,676
Median Rent
$352,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- AAA Self-Storage Hockley — 20555 Farm to Market 2920, Hockley, TX 77447
Frequently Asked Questions
What type of property is this?
Warehouse - Shell-condition industrial building with grade-level overhead doors and direct frontage on Mueschke Road.
Where is this warehouse located?
The property is located at 22243 Mueschke Road Tomball, TX.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: 6,000 SF industrial building in Mueschke Business Park with direct frontage on Mueschke Rd.; Offered in shell condition for flexible interior build‑out to fit warehouse and/or office needs.; Grade‑level overhead doors and a flexible office/warehouse configuration.
