Leased Industrial Warehouse with Grade-Level
For Sale
Contact for pricing
4711 Richey Road, Humble, TX 77338
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 Market177
Property Features for 4711 Richey Road
General Information
Standard status
Active
Size
5,250 SF
Property subtype
Industrial
Occupancy
100%
Lease Type
NNN
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2024
Units
1
Tenancy
Single
Construction
metal
Listing Agency:
Revko Commercial Real Estate
Listed By:
Jon Sellers · License #TX 624095
Source:
Crexi
Added: Apr 14
Changed: Oct 3
Last Checked: Oct 5 at 7:04PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,664
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,093,280
$1.1M
Cap Rate 7%
$780,914
$780.9K
Cap Rate 9%
$607,378
$607.4K
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$69.3K $13.20/SF
− Vacancy
−$5.0K −$0.95/SF
EGI
$64.3K $12.25/SF
− OpEx
−$9.6K −$1.84/SF
NOI
$54.7K $10.41/SF
Area
Harris County, TX
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,093,280
Cap Rate 7%
$780,914
Cap Rate 9%
$607,378
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 authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77338, TX
45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
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Frequently Asked Questions
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 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
