4303 Southerland Road, Houston, TX 77092
21,600 SF industrial property with heavy power and climate control.
- Added:
- Dec 19, 2024
- Days on Market:
- 542
- Last Refresh:
- Apr 5 at 8:12 pm
Property Features for 4303 Southerland Road
General Information
- Standard status
- Active
- Size
- 21,600 SF
- Lot size
- 0.99 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 4303 Southerland Road Contact usListing agent Joel C. English License #465800
Listing office Texas CRES (281) 898-0895
Listing date Dec 19, 2024
Source Moodyscre
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 CRES
HighLights
- Excellent visibility on Southerland Road and Barney Road, less than 0.65 miles to Highway 290.
- Building 2 features a fully climatized warehouse with offices, a break room, and heavy power (2000AMP at 480v).
- Includes existing dual screw compressors and air chillers for tenant's use.
- $100k of new step‑down transformers will remain, offering multiple voltage options (480v, 240v, 110v).
- Building 2 has three roll‑up doors of varying sizes (8.5x8.5, 10.5x12, and 14x11).
- Recently installed HVAC units and new ethernet wiring throughout.
Overview
Local Financial Insights For Warehouse
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 | $207.4k | $9.60 |
| − Vacancy | −$20.3k | −$0.94 |
| EGI | $187.0k | $8.66 |
| − OpEx | −$28.1k | −$1.30 |
| NOI | $159.0k | $7.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.4949
- Latitude
- 29.8334