Houston Industrial Property with
For Sale
Contact for pricing
6013-6019 Gold St, Houston, TX 77026
72,477 SF industrial space on 5.95 acres in Houston.
Property Size72,477 SF
Lot Size5.95 Acres
Price / SF$85.54
Days on Market180
Property Features for 6013-6019 Gold St
General Information
Standard status
Active
Size
72,477 SF
Class
C
Lot size
5.95 Acres
Property subtype
Industrial
Occupancy
100%
Lease Type
NNN
Net Operating Income
$621,001
Building Details
Year Built
1975
Buildings
3
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Grant Roosma · License #841845
Source:
Crexi
Added: Feb 17
Changed: Aug 11
Last Checked: Aug 13 at 5:28PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The property located at 6013 to 6019 Gold Street in Houston, Texas, consists of approximately 72,477 square feet of industrial space situated on 5.95 acres of land. The three-building asset features metal construction and roofing, and a clear height of 25 feet. It includes 16 grade-level doors, two HVAC units, and three-phase heavy power with 1,200 amps and 600 volts. Equipped with a 10-ton bridge crane, the property provides heavy infrastructure. With a building coverage ratio of 28 percent, the property has an ample amount of fenced-in industrial outdoor storage space (IOS). Positioned along a BNSF and Canadian Pacific/Kansas City rail line, the property has access to the Hardy Toll Road and Interstates 610 and 69. The property has a low flood risk.
Key Highlights
- 72,477 SF of industrial space on 5.95 acres with ample fenced‑in industrial outdoor storage (IOS).
- Equipped with a 10‑ton bridge crane, providing rare heavy infrastructure.
- Located along BNSF and Canadian Pacific/Kansas City rail lines with prime access to Hardy Toll Road and Interstates 610 and 69.
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
$533,454
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
8.60%
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%
$10,669,080
$10.7M
Cap Rate 7%
$7,620,771
$7.6M
Cap Rate 9%
$5,927,267
$5.9M
Market Conditions
NOI Build-Up for 72,477 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
$695.8K $9.60/SF
− Vacancy
−$68.2K −$0.94/SF
EGI
$627.6K $8.66/SF
− OpEx
−$94.1K −$1.30/SF
NOI
$533.5K $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%
$10,669,080
Cap Rate 7%
$7,620,771
Cap Rate 9%
$5,927,267
Alternative Uses
Best Use
Warehouse
$7.62M
$6.67M – $8.89M
NOI $533,454 @ 7.0% cap · market cap 8.60%
Second Best
Industrial
$5.84M
$5.11M – $6.81M
NOI $408,662 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$18.64M
$16.31M – $21.74M
NOI $1,304,586 @ 7.0% cap · market cap 21.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 72,477 SF industrial space on 5.95 acres in Houston.
Where is this warehouse located?
The property is located at 6013-6019 Gold St Houston, TX.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: 72,477 SF of industrial space on 5.95 acres with ample fenced‑in industrial outdoor storage (IOS).; Equipped with a **10‑ton bridge crane**, providing rare heavy infrastructure.; Located along BNSF and Canadian Pacific/Kansas City rail lines with prime access to Hardy Toll Road and Interstates 610 and 69.
