Climate-Controlled Warehouse Storage
For Sale
Contact for pricing
4115 Kreinhop Road, Spring, TX 77388
Own a climate-controlled storage/warehouse space well-suited for contractors, collectors, and small inventory needs.
Property Size1,250 SF
Price / SF$132
Days on Market108
Property Features for 4115 Kreinhop Road
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Industrial, Self Storage
Listing Agency:
Texas Glocal Partners
Listed By:
Pablo Uriegas · License #9003017
(281) 747-6334
Source:
Crexi
Added: Jun 2
Changed: Sep 15
Last Checked: Sep 16 at 3:01PM
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 Texas Glocal Partners
Investment Insights
Based on property information with market context.
This offering provides climate-controlled warehouse storage in a development that supports multiple storage uses. The property is designed for practical, covered storage in an environment controlled for temperature, making it suitable for items that benefit from stable conditions.
The asset is presented for sale and located at 4115 Kreinhop Road in Spring, Texas (77388). As part of the overall development, it provides a straightforward ownership opportunity for buyers looking for a dedicated commercial storage warehouse rather than a shared arrangement.
From a tenant or buyer fit perspective, the space aligns with business owners and service professionals needing additional storage for tools, equipment, and job-related materials. It can also serve collectors and hobbyists looking for a controlled setting to store vehicles or other personal property. Small business inventory and equipment storage needs can be supported as well. For investors, the property offers an ownership interest in a smaller, climate-controlled warehouse storage asset within a self-storage/warehouse format.
The asset is presented for sale and located at 4115 Kreinhop Road in Spring, Texas (77388). As part of the overall development, it provides a straightforward ownership opportunity for buyers looking for a dedicated commercial storage warehouse rather than a shared arrangement.
From a tenant or buyer fit perspective, the space aligns with business owners and service professionals needing additional storage for tools, equipment, and job-related materials. It can also serve collectors and hobbyists looking for a controlled setting to store vehicles or other personal property. Small business inventory and equipment storage needs can be supported as well. For investors, the property offers an ownership interest in a smaller, climate-controlled warehouse storage asset within a self-storage/warehouse format.
Key Highlights
- Climate‑controlled warehouse/storage space in a premier development
- Well‑suited for contractors, service professionals, and small business inventory/equipment storage
- Ideal for car collectors and enthusiasts needing storage
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
$12,469
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
7.56%
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%
$249,380
$249.4K
Cap Rate 7%
$178,129
$178.1K
Cap Rate 9%
$138,544
$138.5K
Market Conditions
NOI Build-Up for 1,250 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
$18.8K $15.00/SF
− Vacancy
−$938 −$0.75/SF
EGI
$17.8K $14.25/SF
− OpEx
−$5.3K −$4.27/SF
NOI
$12.5K $9.98/SF
Area
Montgomery County, TX
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$249,380
Cap Rate 7%
$178,129
Cap Rate 9%
$138,544
Alternative Uses
Best Use
Self Storage
$178.1K
$155.9K – $207.8K
NOI $12,469 @ 7.0% cap · market cap 7.56%
Second Best
Warehouse
$110.4K
$96.6K – $128.8K
NOI $7,726 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$315.6K
$276.1K – $368.2K
NOI $22,090 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 77388, TX
51,483
Population
18,924
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
92%
High-School Grad
13.4 sq mi
ZIP Area
3,842
Density / Sq Mi
$101,588
Median Household Income
$53,925
Median Earnings
$1,809
Median Rent
$264,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Own a climate-controlled storage/warehouse space well-suited for contractors, collectors, and small inventory needs.
Where is this self storage facility located?
The property is located at 4115 Kreinhop Road Spring, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Climate‑controlled warehouse/storage space in a premier development; Well‑suited for contractors, service professionals, and small business inventory/equipment storage; Ideal for car collectors and enthusiasts needing storage
