Versatile Warehouse with Ample
For Sale
Contact for pricing
4010 Main Ave, Groves, TX
Warehouse suitable for various uses, with easy access and visibility.
Property Size4,000 SF
Lot Size0.31 Acres
Price / SF$100
Days on Market458
Property Features for 4010 Main Ave
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.31 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Center Commercial Real Estate Services
(281) 386-8045
Listed By:
Greg Williams
(281) 386-8045
Source:
Moodyscre
Added: May 30, 2025
Changed: Aug 13
Last Checked: Aug 29 at 9:35AM
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 Center Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This warehouse property, suitable for a multitude of users’ needs, rests on approximately 1/3 acres and includes ample room for equipment and parking. It features easy access, good visibility, fenced storage, and four 10’x12’ overhead doors. The warehouse offers a 14’ eave height and approximately 600 square feet of office space. The setting and property itself allows for a great place to conduct business. It is located just minutes from Beaumont, Port Arthur, Nederland, and Bridge City and is available for immediate occupancy. The owner will consider financing, leasing or leasing with option to purchase. The property size is 4000 square feet.
Key Highlights
- Available for immediate occupancy.
- Owner will consider financing, leasing, or leasing with option to purchase.
- Property did not experience any flooding with Harvey.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,722
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$494,440
$494.4K
Cap Rate 7%
$353,171
$353.2K
Cap Rate 9%
$274,689
$274.7K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$31.0K $7.76/SF
− Vacancy
−$2.0K −$0.49/SF
EGI
$29.1K $7.27/SF
− OpEx
−$4.4K −$1.09/SF
NOI
$24.7K $6.18/SF
Area
Jefferson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$494,440
Cap Rate 7%
$353,171
Cap Rate 9%
$274,689
Alternative Uses
Best Use
Warehouse
$353.2K
$309.0K – $412.0K
NOI $24,722 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$290.8K
$254.5K – $339.3K
NOI $20,359 @ 7.0% cap · market cap 5.09%
Theoretical Best
Multifamily LT 5
$44.94M
$39.32M – $52.43M
NOI $3,145,918 @ 7.0% cap · market cap 786.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Same Self Storage Facility — 3949 Twin City Hwy, Port Arthur, TX 77642
- Troop Storage — 4348 N Link St, Groves, TX 77619
- Powerman Storage — 4348 N Link St, Groves, TX 77619
- Cornerstone Storage of Groves — 4348 n link st, groves, tx 77619
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse suitable for various uses, with easy access and visibility.
Where is this warehouse located?
The property is located at 4010 Main Ave Groves, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Available for immediate occupancy.; Owner will consider financing, leasing, or leasing with option to purchase.; Property did not experience any flooding with Harvey.
