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Industrial Facility on Commercial Property

3807 Pinemont Drive, Houston, TX 77018

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For Sale

$2,000,000

Commercial property with warehouse space, city water, and sewer access.

Type:Land or Vacant Lot

Property size:

20,260 SF

Lot size:

1.89 Acres

Price / SF:

$98/SF

HighLights

City Water and Sewer Access: A rare find!
Large Commercial Property: Approximately 1.894 acres offering endless opportunities.
Substantial Warehouse Space: Includes about 20,260 sq ft of existing warehouse space.
High‑Capacity Power Supply: Features 600 amp service.
Functional Industrial Facility: Currently used as an industrial facility/fabrication shop.
Development Potential: Suitable for townhome development (buyer to verify).

We can help!

Listing Contact

JOE MARK ROBINSON

For Sale

$2,000,000

Commercial property with warehouse space, city water, and sewer access.

Type:Land or Vacant Lot

Property size:

20,260 SF

Lot size:

1.89 Acres

Price / SF:

$98/SF

Added:: Oct 16, 2024
Days on Market:: 603
Last Refresh:: May 11 at 12:24 am

Property Features for 3807 Pinemont Drive

General Information

Standard status: Active
Size: 20,260 SF
Lot size: 1.89 Acres
Property subtype: Land or Vacant Lot

We can help!

Listing Contact

JOE MARK ROBINSON

Listing agent JOE MARK ROBINSON

Listing office R GROUP REALTORS

Listing date Oct 16, 2024

Source Corcoran

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 R GROUP REALTORS

HighLights

City Water and Sewer Access: A rare find!
Large Commercial Property: Approximately 1.894 acres offering endless opportunities.
Substantial Warehouse Space: Includes about 20,260 sq ft of existing warehouse space.
High‑Capacity Power Supply: Features 600 amp service.
Functional Industrial Facility: Currently used as an industrial facility/fabrication shop.
Development Potential: Suitable for townhome development (buyer to verify).

Overview

This commercial property offers approximately 82,492 square feet or 1.894 acres. It includes about 20,260 square feet of warehouse space currently used as an industrial facility and fabrication shop. The property is equipped with 600 amp service 240/120 3 phase 4 wire with a 208 high leg. Overhead doors measure 12X14. The property has current access to city water and sewer. It is located in Houston, TX. The property could be used for townhome development.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$194.5k	$9.60
− Vacancy	−$19.1k	−$0.94
EGI	$175.4k	$8.66
− OpEx	−$26.3k	−$1.30
NOI	$149.1k	$7.36

20,260 SF · lease $9.60/SF/yr · vacancy 9.80% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$2.13M

$1.86M – $2.49M (±1% cap)

NOI $149,120 @ 7.0% cap · market cap 7.46%

Second Best

Industrial

$1.63M

$1.43M – $1.90M (±1% cap)

NOI $114,236 @ 7.0% cap · market cap 5.71%

Theoretical Best

Office A

$5.21M

$4.56M – $6.08M (±1% cap)

NOI $364,680 @ 7.0% cap · market cap 18.23%

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

Property Profile Location Intelligence

Current Use by Public Records

Delta Flange & Manufacturing Building Supply

Suggested Use

Similar Places Nearby

Pinemont Auto Storage — 3810 Pinemont Dr, Houston, TX 77018

Location Insight

Map
Local Demand

City: Houston
County: Fort Bend
State: Texas
Longitude: -95.4398
Latitude: 29.8404

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For sale
Warehouses
TX
Houston
77018
3807 Pinemont Drive

What type of property is this?

Warehouse - Commercial property with warehouse space, city water, and sewer access.

Where is this warehouse located?

The property is located at 3807 Pinemont Drive Houston, TX.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: City Water and Sewer Access: A rare find!; Large Commercial Property: Approximately 1.894 acres offering endless opportunities.; Substantial Warehouse Space: Includes about 20,260 sq ft of existing warehouse space.