Search
Industrial Warehouse with Roll-Up Doors
For Sale
$700,000

4315 Parker Road, Houston, TX 77093

Industrial warehouse built with 12 roll-up doors, 14–18 ft ceilings, and flexible interior space plus outdoor yard.

Property Size5,800 SF
Lot Size0.75 Acres
Price / SF$120.69
Days on Market133

Property Features for 4315 Parker Road

General Information

Standard status Active
Size 5,800 SF
Lot size 0.75 Acres
Property subtype Land

Warehouse & Industrial

Clear Height 18 ft
Drive-In Doors 12

Additional Details

Outdoor Storage Yes

Taxes and HOA fees

Annual Taxes $9,623
Listing Agency: exp realty llc
Listed By: Sydney Peterson
Source: Exprealty
Added: Apr 27 Changed: Sep 4 Last Checked: Sep 5 at 1:54PM

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 exp realty llc

Investment Insights

Based on property information with market context.

This versatile industrial warehouse is offered for sale and features approximately 5,800 SF of functional space on about 1/2 acre. The facility is built for performance with 12 roll-up doors, 14–18 ft ceiling heights, and a 4-inch concrete slab. Interior climate support includes two 5-ton A/C units with recently updated ductwork. The layout combines an 88’ x 66’ main space with an additional 20’ x 78’ room for operational flexibility across a range of industrial and specialty uses.

Located at 4315 Parker Road in North Houston, the property is positioned for connectivity to major thoroughfares. The site also includes open yard space suitable for outdoor inventory or fleet use, supporting users that need both warehouse and exterior staging.

Overall, the configuration and infrastructure make the building well-suited to warehouse or distribution functions, light manufacturing, contractor headquarters, auto repair or specialty garage, fitness or training, creative flex use, or equipment and vehicle storage—supported by its loading, clear heights, and durable slab.

Key Highlights

  • Industrial warehouse with 5,800 SF of functional space on 1/2‑acre lot
  • Built with 12 roll‑up doors for loading and access
  • Ceiling heights of 14–18 ft plus a 4‑inch concrete slab

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
$42,690
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
6.10%
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%
$853,800 $853.8K
Cap Rate 7%
$609,857 $609.9K
Cap Rate 9%
$474,333 $474.3K
Market Conditions
NOI Build-Up for 5,800 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
$55.7K $9.60/SF
− Vacancy
−$5.5K −$0.94/SF
EGI
$50.2K $8.66/SF
− OpEx
−$7.5K −$1.30/SF
NOI
$42.7K $7.36/SF
Area
Houston, TX
Vacancy
9.80%
Lease Rate
$9.60 /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%
$853,800
Cap Rate 7%
$609,857
Cap Rate 9%
$474,333

Alternative Uses

Best Use
Warehouse
$609.9K
$533.6K – $711.5K (±1% cap)
NOI $42,690 @ 7.0% cap · market cap 6.10%
Second Best
Industrial
$467.2K
$408.8K – $545.1K (±1% cap)
NOI $32,703 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M (±1% cap)
NOI $104,400 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Electrical Service Furniture & Home Goods Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
12
Drive-in doors

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77093, TX

47,736
Population
14,671
Households
3.3
Avg Household Size
31
Median Age
5%
College-Educated
51%
High-School Grad
12.0 sq mi
ZIP Area
3,978
Density / Sq Mi
$41,958
Median Household Income
$28,493
Median Earnings
$1,102
Median Rent
$122,400
Median Home Value

Market

Vacancy Rate% for Industrial in Houston, TX

9.4% 2019
10.7% 2020
7.2% 2021
5.2% 2022
6.8% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Safeway Storage 10020 Hirsch Rd, Houston, TX 77016
  • Self Storage 10600 eastex fwy, houston, tx 77093
  • Self Storage 4062 Little York Rd, Houston, TX 77093, United States

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse built with 12 roll-up doors, 14–18 ft ceilings, and flexible interior space plus outdoor yard.
Where is this warehouse located?
The property is located at 4315 Parker Road Houston, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Industrial warehouse with 5,800 SF of functional space on 1/2‑acre lot; Built with 12 roll‑up doors for loading and access; Ceiling heights of 14–18 ft plus a 4‑inch concrete slab
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message