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Office-Flex Building with Attached Warehouse

27228 HARDY, Spring, TX 77373

For Sale
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Office space includes an attached warehouse, offering a flexible layout for commercial operations with convenient highway access.

Property Size4,200 SF
Lot Size1.25 Acres
Price / SF$273.81
Days on Market341

Property Features for 27228 HARDY

General Information

Standard status Active
Size 4,200 SF
Lot size 1.25 Acres
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: NextHome Centurion Realty
Listed By: George Kawaja · License #0285327
Source: Moodyscre
Added: Dec 4, 2025 Changed: Oct 26 Last Checked: Nov 8 at 8:47AM

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 NextHome Centurion Realty

Rey
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Investment Insights

Based on property information with market context.

An office-flex property at 27228 Hardy in Spring, Texas, offering 4,200 SF of office space plus an attached warehouse of 2,760 SF. The building is set on approximately 1.25 acres (54,837 SF of land), supporting a combined office and warehouse configuration suitable for a range of commercial uses.

The location provides quick access to multiple major routes, including Hardy Toll Road, Grand Parkway, and Interstate 45 North, with nearby connectivity to InterContinental Airport. This combination of office space and attached warehouse area makes the property well-suited for operations that need both administrative space and on-site storage or work area.

Key Highlights

  • 4,200 SF office space on 1.25 acres (54,837 SF of land)
  • Attached 2,760 SF warehouse included with the office
  • Property is positioned for commercial operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,013
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,260 $1.1M
Cap Rate 7%
$785,900 $785.9K
Cap Rate 9%
$611,256 $611.3K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$96.8K $23.04/SF
− Vacancy
−$23.4K −$5.58/SF
EGI
$73.4K $17.46/SF
− OpEx
−$18.3K −$4.37/SF
NOI
$55.0K $13.10/SF
Area
Harris County, TX
Vacancy
24.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,260
Cap Rate 7%
$785,900
Cap Rate 9%
$611,256

Alternative Uses

Best Use
Office B
$785.9K
$687.7K – $916.9K (±1% cap)
NOI $55,013 @ 7.0% cap · market cap 4.78%
Second Best
Warehouse
$624.7K
$546.6K – $728.9K (±1% cap)
NOI $43,731 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,277 @ 7.0% cap · market cap 6.98%
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

REO Contractors Corporate Office Ryan Barrett Homes Construction Company

Suggested Use

Top Pick Dental Office Auto Parts Store Electrical Service Law Firm Pharmacy Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77373, TX

63,413
Population
23,619
Households
2.7
Avg Household Size
34
Median Age
26%
College-Educated
88%
High-School Grad
23.8 sq mi
ZIP Area
2,664
Density / Sq Mi
$86,693
Median Household Income
$42,384
Median Earnings
$1,649
Median Rent
$221,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Flex space in Spring

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Elm & Magnolia — 206 Magnolia St, Spring, TX 77373
  • Jlo's Kitchen Catering — 22526 Spence Park Ct, Spring, TX 77373

Frequently Asked Questions

What type of property is this?
Flex space - Office space includes an attached warehouse, offering a flexible layout for commercial operations with convenient highway access.
Where is this flex space located?
The property is located at 27228 HARDY Spring, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4,200 SF office space on 1.25 acres (54,837 SF of land); Attached 2,760 SF warehouse included with the office; Property is positioned for commercial operations
(281) 703-2167 · Office Call to check price and availability
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