Industrial Property with Outdoor
25470 Hill And Dale Ave, Splendora, TX 77372
For Sale
New
$599,000
An absolute net lease covers office, warehouse and shop areas alongside substantial outdoor storage space.
Property Size6,010 SF
Lot Size1.66 Acres
Price / SF$99.67
Days on Market1
Property Features for 25470 Hill And Dale Ave
General Information
Standard status
Size
Lot size
Property subtype
Financials
Asking Price
Cap Rate
Warehouse & Industrial
Warehouse Space
Office Build-Out
Additional Details
Outdoor Storage
Tenant in Place
Property Use
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
eXp Realty, LLC
Listed By:
Adam Olsen, CCIM · License TX #0642075
(713) 614-2670
Source:
Thecommercialprofessionals
Added: Nov 12
Last Checked: Nov 12 at 2:45PM
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 eXp Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on approximately 1.659 acres, this 6,010-square-foot metal building dates to 1970. Its interior includes 1,824 square feet of office space and 4,186 square feet configured for warehouse and shop use. Outdoor yard area provides additional space for equipment and vehicle storage.
The property is leased under an absolute NNN structure, and the tenant occupies on a month-to-month basis. Located at 25470 Hill and Dale Ave in Splendora, Texas, the site combines office and industrial space with an outdoor yard.
The property is leased under an absolute NNN structure, and the tenant occupies on a month-to-month basis. Located at 25470 Hill and Dale Ave in Splendora, Texas, the site combines office and industrial space with an outdoor yard.
Key Highlights
- 6,010‑square‑foot metal building constructed in 1970
- 1,824 square feet of office space
- 4,186 square feet of warehouse and shop area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,145
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,900
$742.9K
Cap Rate 7%
$530,643
$530.6K
Cap Rate 9%
$412,722
$412.7K
Market Conditions
NOI Build-Up for 6,010 SF
Gross rent
$46.6K $7.76/SF
− Vacancy
−$2.9K −$0.49/SF
EGI
$43.7K $7.27/SF
− OpEx
−$6.6K −$1.09/SF
NOI
$37.1K $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 Rate 5%
$742,900
Cap Rate 7%
$530,643
Cap Rate 9%
$412,722
Alternative Uses
Best Use
Warehouse
$530.6K
$464.3K – $619.1K
NOI $37,145 @ 7.0% cap · market cap 6.20%
Second Best
Industrial
$437.0K
$382.4K – $509.8K
NOI $30,590 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,207 @ 7.0% cap · market cap 17.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 77372, TX
13,306
Population
4,779
Households
2.8
Avg Household Size
36
Median Age
12%
College-Educated
80%
High-School Grad
51.5 sq mi
ZIP Area
258
Density / Sq Mi
$78,601
Median Household Income
$38,263
Median Earnings
$1,226
Median Rent
$217,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
NNN property - An absolute net lease covers office, warehouse and shop areas alongside substantial outdoor storage space.
Where is this nnn property located?
The property is located at 25470 Hill And Dale Ave Splendora, 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: 6,010‑square‑foot metal building constructed in 1970; 1,824 square feet of office space; 4,186 square feet of warehouse and shop area
