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Warehouse with Flexible Open Layout
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24090 FM 1485, New Caney, TX 77357

Warehouse property along FM 1485 with an open layout for storage, distribution, or light industrial use.

Property Size5,000 SF
Price / SF$119.80
Days on Market181

Property Features for 24090 FM 1485

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Anne Vickery & Associates Realty LLC
Listed By: Anne Vickery · License #/9005105
Source: Moodyscre
Added: Jan 30 Changed: Jul 28 Last Checked: Jul 29 at 12:39PM

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 Anne Vickery & Associates Realty LLC

Investment Insights

Based on property information with market context.

This warehouse property offers an efficient open layout designed to support a range of practical industrial uses, including storage, distribution, and service or light industrial operations. The building is presented as a versatile option for tenants or owners seeking straightforward functionality.

Located at 24090 FM 1485 in New Caney, the site provides convenient ingress/egress and visibility along a high-traffic corridor. The location is positioned for accessibility to major regional routes, including I-69/US-59 and Grand Parkway (SH 99), supporting connectivity throughout Montgomery County and surrounding trade areas.

The offering is for sale and is sized at approximately 5,000 square feet, making it a manageable footprint for a variety of smaller warehouse or contractor-oriented requirements.

Key Highlights

  • ±5,000 SF warehouse located along FM 1485 in New Caney
  • Open‑layout interior designed for storage, distribution, or light industrial/service use
  • Convenient ingress/egress for site access

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 $38.8k $7.76
− Vacancy −$2.4k −$0.49
EGI $36.4k $7.27
− OpEx −$5.5k −$1.09
NOI $30.9k $6.18
5,000 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$441.5K
$386.3K – $515.0K (±1% cap)
NOI $30,902 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$363.6K
$318.1K – $424.2K (±1% cap)
NOI $25,449 @ 7.0% cap · market cap 4.25%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,358 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Building Supply Garden Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77357, TX

30,339
Population
12,638
Households
2.4
Avg Household Size
34
Median Age
15%
College-Educated
80%
High-School Grad
67.1 sq mi
ZIP Area
452
Density / Sq Mi
$73,773
Median Household Income
$40,211
Median Earnings
$1,366
Median Rent
$218,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Stallion Storage | Large Storage for Boats & RVs — 23332 FM 1485, New Caney, TX 77357

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse property along FM 1485 with an open layout for storage, distribution, or light industrial use.
Where is this warehouse located?
The property is located at 24090 FM 1485 New Caney, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: ±5,000 SF warehouse located along FM 1485 in New Caney; Open‑layout interior designed for storage, distribution, or light industrial/service use; Convenient ingress/egress for site access
(713) 907-9680 Call to check price and availability
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