Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Clute Warehouse with Rail Spur Title is generated by Realmo AI

    513 Moffelt Rd, Clute, TX 77531

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    7,260 SF warehouse on 5.01 acres with active rail.

    Type:Industrial
    Property size:
    7,260 SF
    Lot size:
    5.01 Acres
    Added:
    Oct 8, 2024
    Days on Market:
    604
    Last Refresh:
    May 12 at 10:36 pm

    Property Features for 513 Moffelt Rd

    General Information

    Standard status
    Active
    Size
    7,260 SF
    Lot size
    5.01 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Mark Nicholas, SIOR

    Listing agent Mark Nicholas, SIOR License #TX 395835

    Listing office JLL - Houston, Texas

    Listing date Oct 8, 2024

    Source Crexi

    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 JLL - Houston, Texas

    HighLights

    • Active Rail Spur with Union Pacific Rail Service
    • ±7,260 SF on ±5.01 Acres (Additional ±10.0 Acres Available)
    • Fenced/Secured Property
    • ±1,980 SF Warehouse with High Ceilings (17'9" - 19'5") and Grade Level Door
    • ±4,260 SF Lunchroom/Locker Room & Shower (Built in 2013)
    • Shipping/Receiving Area with Customer Scales and Loading Dock with Canopy

    Overview

    This property features a ±7,260 SF facility situated on approximately 5.01 acres. Adjacent ±10.0 acres can be made available as well. The property includes a ±1,980 SF warehouse with a ±1,260 SF canopy, boasting clear heights ranging from 17'9" to 19'5", and is equipped with one grade-level door and T5 lighting. Additionally, there is a ±1,020 SF office building that includes a cash vault. A ±4,260 SF lunchroom, locker room, and shower area, constructed in 2013, is also present. The site is secured with fencing and two manual gates, encompassing ±4.97 acres of stabilized land. It features a truck scale, a shipping/receiving area with two customer scales and a 320 SF canopy, and one exterior loading dock with a ±3,120 SF canopy. An active rail spur with Union Pacific Rail Service is available. Oxygen, fuel/hydraulic, and propane tanks are available/negotiable. Internet service is provided by Comcast. The property is located in Clute, TX.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Clute
    County
    Brazoria
    State
    Texas
    Longitude
    -95.3887
    Latitude
    29.065

    Nearby Similar for Sale

    • $425,000
      4,125 SF

      Clute Commercial Office/Warehouse Building

      4,125 SF commercial building with offices and warehouse space.
      500 E Plantation, Clute, TX 77531
      View Details
    • $269,900
      1,668 SF

      Retail Property in Clute, Texas

      Retail property for sale in Clute, Texas, featuring 1668 square-feet.
      132 E Plantation Dr, Clute, TX 77531
      View Details
    • $841,000
      5,750 SF

      Industrial Property with Highway Access

      Industrial property with a strong tenant and highway accessibility.
      932 Brockman St, Clute, TX 77531
      View Details
    • $3,500,000
      32,121 SF

      32-Unit Apartment Complex Investment

      Well-maintained 32-unit apartment complex in a rapidly growing area.
      107 Oak Park Dr, Clute, TX 77531
      View Details
    • Contact for pricing

      Clute Self-Storage Facility For Sale

      Self-storage facility available in Clute, Texas.
      921 S Shanks St, Clute, TX 77531
      View Details
    • Contact for pricing
      7,260 SF

      Industrial Property with Rail Spur

      Warehouse, office, and lunchroom on a secured 5.01-acre site.
      513 Moffet Road, Clute, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - 7,260 SF warehouse on 5.01 acres with active rail.
    Where is this warehouse located?
    The property is located at 513 Moffelt Rd Clute, TX.
    What are key features of this property?
    This property features: Active Rail Spur with Union Pacific Rail Service; ±7,260 SF on ±5.01 Acres (Additional ±10.0 Acres Available); Fenced/Secured Property
    (713) 425-1810 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Nicholas, SIOR
    Real Estate License ID: TX 395835
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    513 Moffelt Rd, Clute, TX 77531
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!