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    Houston Warehouse Space For Rent Title is generated by Realmo AI

    3007 Crossview Drive, Houston, TX

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    19,500 SF warehouse space available for lease.

    Type:INDUSTRIAL
    Property size:
    19,500 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $115/SF
    Added:
    Apr 3, 2024
    Days on Market:
    800
    Last Refresh:
    May 20 at 8:05 pm

    Property Features for 3007 Crossview Drive

    General Information

    Standard status
    Active
    Size
    19,500 SF
    Lot size
    0.62 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 3007 Crossview Drive Contact us

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    Listing Contact
    Michael Keegan
    Michael Keegan

    Listing agent Michael Keegan

    Listing office Partners - Houston

    Listing date Apr 3, 2024

    Source Moodyscre

    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 Partners - Houston

    HighLights

    • 19,500 SF warehouse space available for lease.
    • Warehouse space.
    • Property Details available.
    • Additional Property Details.
    • Description available.

    Overview

    This industrial property offers 19,500 square feet of warehouse space and is available for rent. Located in Houston, Texas, at 3007 Crossview Drive, the property is suitable for warehouse use.

    Local 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 $187.2k $9.60
    − Vacancy −$18.3k −$0.94
    EGI $168.9k $8.66
    − OpEx −$25.3k −$1.30
    NOI $143.5k $7.36
    19,500 SF · lease $9.60/SF/yr · vacancy 9.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,526 @ 7.0% cap · market cap 6.38%
    Second Best
    Industrial
    $1.57M
    $1.37M – $1.83M (±1% cap)
    NOI $109,951 @ 7.0% cap · market cap 4.89%
    Theoretical Best
    Office A
    $5.01M
    $4.39M – $5.85M (±1% cap)
    NOI $351,000 @ 7.0% cap · market cap 15.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Texas Electric Services Electrical Service Sands Investment Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.5189
    Latitude
    29.7339

    FAQs

    What type of property is this?
    Industrial property - 19,500 SF warehouse space available for lease.
    Where is this industrial property located?
    The property is located at 3007 Crossview Drive Houston, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 19,500 SF warehouse space available for lease.; Warehouse space.; Property Details available.
    (713) 306-1660 Call to check price and availability
    More about this property
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