Leased Industrial Warehouse with Grade-Level
4711 East Richey Road Humble, TX 77338
4711 East Richey Road, Humble, TX, 77338
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For Sale
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Industrial warehouse with a 14’ x 16’ grade-level overhead door and 480V 3-phase power, leased with 57 months remaining.
Property Size5,250 SF
Price / SF$175
Days on Market100
Property Features for 4711 East Richey Road
General Information
- Standard status
- Active
- Size
- 5,250 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2024
Listing agency
Revko Commercial Real Estate
Listed by
Jon Sellers · License #TX 624095
Source
Crexi
Added: Apr 14 Updated: Jul 21 at 12:03PM Checked: Jul 21 at 12:03PM
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 Revko Commercial Real Estate
Investment Insights
Based on property information with market context.
Located within the 1960 Industrial Park in Humble, Texas, this single-tenant industrial warehouse totals approximately 5,250 square feet and is leased with 57 months remaining. The fully insulated metal structure includes 18’ eave heights, providing practical clearance for a range of industrial uses.
The building is equipped with one (1) 14’ x 16’ grade-level overhead door and 480V 3-phase power. It offers convenient regional access to major thoroughfares, including the Hardy Toll Road (about 3 miles), Interstate 45 (about 4 miles), Sam Houston Tollway (about 6 miles), and Interstate 69 (about 6 miles).
This offering provides a stabilized industrial asset in an accessible location within the industrial park setting.
The building is equipped with one (1) 14’ x 16’ grade-level overhead door and 480V 3-phase power. It offers convenient regional access to major thoroughfares, including the Hardy Toll Road (about 3 miles), Interstate 45 (about 4 miles), Sam Houston Tollway (about 6 miles), and Interstate 69 (about 6 miles).
This offering provides a stabilized industrial asset in an accessible location within the industrial park setting.
Key Highlights
- Single tenant industrial warehouse built in 2024 totaling 5,250 SF
- Leased with 57 months remaining for in‑place income
- 18’ eave heights and fully insulated metal structure
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 | $69.3k | $13.20 |
| − Vacancy | −$5.0k | −$0.95 |
| EGI | $64.3k | $12.25 |
| − OpEx | −$9.6k | −$1.84 |
| NOI | $54.7k | $10.41 |
5,250 SF · lease $13.20/SF/yr · vacancy 7.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$780.9K
$683.3K – $911.1K
NOI $54,664 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,346 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Industrial warehouse with a 14’ x 16’ grade-level overhead door and 480V 3-phase power, leased with 57 months remaining.
Where is this warehouse located?
The property is located at 4711 East Richey Road Humble, TX.
What is the asking price?
The asking price for this property is $918,750.
What are key features of this property?
This property features: Single tenant industrial warehouse built in 2024 totaling 5,250 SF; Leased with 57 months remaining for in‑place income; 18’ eave heights and fully insulated metal structure
