Freestanding Industrial Warehouse with
For Sale
Contact for pricing
5414 Barker Cypress Rd, Houston, TX 77084
Freestanding warehouse with a dedicated office component and ample on-site parking, with fully insulated improvements.
Property Size10,500 SF
Lot Size0.81 Acres
Price / SF$176.19
Days on Market148
Property Features for 5414 Barker Cypress Rd
General Information
Standard status
Active
Size
10,500 SF
Class
B
Lot size
0.81 Acres
Property subtype
Industrial
Additional Details
Highway Access
Yes
Building Details
Year Built
2013
Buildings
1
Stories
1
Listing Agency:
Colliers - Houston, Texas
Listed By:
David Carter · License #TX 364568
(713) 222-2111
Source:
Crexi
Added: Apr 17
Changed: Aug 31
Last Checked: Sep 10 at 6:51AM
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 Colliers - Houston, Texas
Investment Insights
Based on property information with market context.
This freestanding industrial warehouse is offered for sale as a fully vacant building with a dedicated office component. The improvements include approximately 10,500 square feet of warehouse space and interior office space totaling approximately 1,600 square feet, with fully insulated construction and enhanced storage capability.
The property sits on approximately 10.81 acres and is positioned in Houston’s northwest submarket. The site provides efficient connectivity to major regional thoroughfares, including US-290 and Interstate 10, supporting access to primary distribution corridors.
With ample on-site parking and plug-and-play readiness, the building offers a practical distribution and logistics footprint for an owner-occupant or incoming tenant requiring warehouse and office space in one facility.
The property sits on approximately 10.81 acres and is positioned in Houston’s northwest submarket. The site provides efficient connectivity to major regional thoroughfares, including US-290 and Interstate 10, supporting access to primary distribution corridors.
With ample on-site parking and plug-and-play readiness, the building offers a practical distribution and logistics footprint for an owner-occupant or incoming tenant requiring warehouse and office space in one facility.
Key Highlights
- 10,500 SF freestanding industrial warehouse on 0.81 acres at 5414 Barker Cypress Road (Cypress, TX)
- Dedicated office component with 1,600 SF of interior office space
- 100% vacant building, offering flexibility for a new tenant or owner‑occupant
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
$92,534
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
5.00%
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%
$1,850,680
$1.9M
Cap Rate 7%
$1,321,914
$1.3M
Cap Rate 9%
$1,028,156
$1.0M
Market Conditions
NOI Build-Up for 10,500 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
$113.4K $10.80/SF
− Vacancy
−$4.5K −$0.43/SF
EGI
$108.9K $10.37/SF
− OpEx
−$16.3K −$1.56/SF
NOI
$92.5K $8.81/SF
Area
ZIP 77084
Vacancy
4.00%
Lease Rate
$10.80 /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%
$1,850,680
Cap Rate 7%
$1,321,914
Cap Rate 9%
$1,028,156
Alternative Uses
Best Use
Warehouse
$1.32M
$1.16M – $1.54M
NOI $92,534 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.70M
$2.36M – $3.15M
NOI $189,000 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77084, TX
109,808
Population
39,087
Households
2.8
Avg Household Size
34
Median Age
30%
College-Educated
84%
High-School Grad
31.7 sq mi
ZIP Area
3,464
Density / Sq Mi
$76,327
Median Household Income
$39,937
Median Earnings
$1,522
Median Rent
$232,600
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 Houston, TX
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with a dedicated office component and ample on-site parking, with fully insulated improvements.
Where is this warehouse located?
The property is located at 5414 Barker Cypress Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 10,500 SF freestanding industrial warehouse on 0.81 acres at 5414 Barker Cypress Road (Cypress, TX); Dedicated office component with 1,600 SF of interior office space; 100% vacant building, offering flexibility for a new tenant or owner‑occupant
