Industrial Flex Building with
For Sale
Contact for pricing
23340 Fm 1314, Porter, TX 77365
Metal warehouse building with office space and a fenced, gated site on roughly 2.97 acres.
Property Size10,000 SF
Lot Size2.97 Acres
Price / SF$170
Days on Market66
Property Features for 23340 Fm 1314
General Information
Standard status
Active
Size
10,000 SF
Lot size
2.97 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Construction
metal building
Listing Agency:
Dynamize Real Estate
(832) 998-4663
Listed By:
Marcey Rogers · License #0626774
(832) 998-4663
Source:
Moodyscre
Added: Jun 17
Changed: Aug 16
Last Checked: Aug 21 at 5:59AM
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 Dynamize Real Estate
Investment Insights
Based on property information with market context.
This property features a 10,000 SF metal industrial building with office space, a loft, and multiple restrooms. The site is fully fenced and gated, providing room for equipment, fleet vehicles, and outdoor storage.
The property is located on FM 1314 in Porter, offering visibility and straightforward access to major routes, with proximity to I-69 (US-59) and SH 99 (Grand Parkway). Public remarks also note nearby access to Valley Ranch Town Center and The Woodlands.
The combination of warehouse space with office and restrooms supports a range of industrial and service-oriented uses, while the enclosed outdoor area can accommodate day-to-day operations requiring secure staging and storage.
The property is located on FM 1314 in Porter, offering visibility and straightforward access to major routes, with proximity to I-69 (US-59) and SH 99 (Grand Parkway). Public remarks also note nearby access to Valley Ranch Town Center and The Woodlands.
The combination of warehouse space with office and restrooms supports a range of industrial and service-oriented uses, while the enclosed outdoor area can accommodate day-to-day operations requiring secure staging and storage.
Key Highlights
- Approximately 2.973‑acre commercial property on FM 1314 with a 10,000 SF metal warehouse building
- Building includes office space, a loft, and multiple restrooms
- Fully fenced and gated site for equipment, fleet vehicles, or outdoor storage
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
$61,805
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
3.64%
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%
$1,236,100
$1.2M
Cap Rate 7%
$882,929
$882.9K
Cap Rate 9%
$686,722
$686.7K
Market Conditions
NOI Build-Up for 10,000 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
$77.6K $7.76/SF
− Vacancy
−$4.9K −$0.49/SF
EGI
$72.7K $7.27/SF
− OpEx
−$10.9K −$1.09/SF
NOI
$61.8K $6.18/SF
Area
Montgomery County, TX
Vacancy
6.30%
Lease Rate
$7.76 /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%
$1,236,100
Cap Rate 7%
$882,929
Cap Rate 9%
$686,722
Alternative Uses
Best Use
Warehouse
$882.9K
$772.6K – $1.03M
NOI $61,805 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$727.1K
$636.2K – $848.3K
NOI $50,898 @ 7.0% cap · market cap 2.99%
Theoretical Best
Specialty Retail
$2.52M
$2.21M – $2.95M
NOI $176,717 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77365, TX
42,086
Population
15,442
Households
2.7
Avg Household Size
34
Median Age
24%
College-Educated
82%
High-School Grad
41.4 sq mi
ZIP Area
1,017
Density / Sq Mi
$96,093
Median Household Income
$50,248
Median Earnings
$1,381
Median Rent
$261,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Metal warehouse building with office space and a fenced, gated site on roughly 2.97 acres.
Where is this flex space located?
The property is located at 23340 Fm 1314 Porter, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 2.973‑acre commercial property on FM 1314 with a 10,000 SF metal warehouse building; Building includes office space, a loft, and multiple restrooms; Fully fenced and gated site for equipment, fleet vehicles, or outdoor storage
