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Warehouse Flex Facility with Office
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3334 Creekmont Drive, Houston, TX 77091

Flex warehouse with dock-well and grade-level loading, a newly renovated office, and fully fenced, gated grounds.

Property Size14,956 SF
Price / SF$123.70
Days on Market161

Property Features for 3334 Creekmont Drive

General Information

Standard status Active
Size 14,956 SF
Class C
Property subtype Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Utilities to Site Yes

Warehouse & Industrial

Dock-High Doors 1
Drive-In Doors 6

Building Details

Year Built 1969
Listing Agency: Partners
Listed By: Andrew Laycock · License #TX
Source: Crexi
Added: May 7 Changed: Oct 12 Last Checked: Oct 12 at 4:55PM

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

Investment Insights

Based on property information with market context.

This flex warehouse facility offers a mix of dock-well and grade-level loading for practical day-to-day operations. Loading includes three (3) 12’ W x 10’ H doors, one (1) 12’ W x 9’ H door, one (1) 10’ W x 10’ door (dock-well), and additional dock-well loading. The building is fully insulated and features a newer office area with HVAC, along with recent office and warehouse renovations.

The property includes additional land for expansion and is fully fenced and gated. Utilities are listed as City of Houston service, with quick access to Loop 610, I-45, and US 290.

Designed to accommodate both warehouse and office use within the same facility, the layout supports flexible occupancy needs while keeping loading and ground access straightforward.

Key Highlights

  • Flex warehouse with grade‑level and dock‑well loading for multiple trailer/door configurations
  • Loading bay sizes include three (3) 12’ W x 10’ H and one (1) 10’ W x 10’ H (dock‑well)
  • Includes fully insulated space plus a newly renovated office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$155,737
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,114,740 $3.1M
Cap Rate 7%
$2,224,814 $2.2M
Cap Rate 9%
$1,730,411 $1.7M
Market Conditions
NOI Build-Up for 14,956 SF
Gross rent
$269.2K $18.00/SF
− Vacancy
−$29.6K −$1.98/SF
EGI
$239.6K $16.02/SF
− OpEx
−$83.9K −$5.61/SF
NOI
$155.7K $10.41/SF
Area
Houston, TX
Vacancy
11.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,114,740
Cap Rate 7%
$2,224,814
Cap Rate 9%
$1,730,411

Alternative Uses

Best Use
Flex RnD
$2.22M
$1.95M – $2.60M (±1% cap)
NOI $155,737 @ 7.0% cap · market cap 8.42%
Second Best
Warehouse
$1.57M
$1.38M – $1.83M (±1% cap)
NOI $110,081 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$3.85M
$3.37M – $4.49M (±1% cap)
NOI $269,208 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

OM Industrial Products ... Building Supply

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon

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

1
Dock-high doors
6
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77091, TX

28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
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 Houston, TX

9.4% 2019
10.7% 2020
7.2% 2021
5.2% 2022
6.8% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex warehouse with dock-well and grade-level loading, a newly renovated office, and fully fenced, gated grounds.
Where is this flex space located?
The property is located at 3334 Creekmont Drive Houston, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Flex warehouse with grade‑level and dock‑well loading for multiple trailer/door configurations; Loading bay sizes include three (3) 12’ W x 10’ H and one (1) 10’ W x 10’ H (dock‑well); Includes fully insulated space plus a newly renovated office
(713) 275-9649 Call to check price and availability
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