For Sale
Contact for pricing
4115 Kreinhop Rd, Spring, TX 77388
Self storage facilities
Property Size1,100 SF
Price / SF$159.09
Days on Market1130
Property Features for 4115 Kreinhop Rd
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Mixed Use, Self Storage
Building Details
Year Built
2022
Listing Agency:
JT Lynch Company
(832) 900-2420
Listed By:
Andy Lynch · License #TX 718178
Source:
Crexi
Added: Jun 28, 2023
Changed: Jul 6
Last Checked: Jul 30 at 1:57PM
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 JT Lynch Company
Investment Insights
Based on property information with market context.
Key Highlights
- Large 14 ft. wide & 14 ft. high garage doors facilitate easy access.
- Units are a spacious 22’ x 50’ providing ample room.
- High eave height of 25 ft. allows for vertical storage.
Financial Insights For Mixed Use
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 | $19.8k | $18.00 |
| − Vacancy | −$1.6k | −$1.44 |
| EGI | $18.2k | $16.56 |
| − OpEx | −$6.8k | −$6.21 |
| NOI | $11.4k | $10.35 |
1,100 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$162.6K
$142.3K – $189.8K
NOI $11,385 @ 7.0% cap · market cap 6.51%
Second Best
Self Storage
$156.8K
$137.2K – $182.9K
NOI $10,973 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$277.7K
$243.0K – $324.0K
NOI $19,439 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this self storage facility located?
The property is located at 4115 Kreinhop Rd Spring, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Large 14 ft. wide & 14 ft. high garage doors facilitate easy access.; Units are a spacious 22’ x 50’ providing ample room.; High eave height of 25 ft. allows for vertical storage.
