6334 Midvale Ave, Houston, TX 77087
Corner fenced manufacturing site with multiple buildings, garage door access, and utilities onsite for mechanic or industrial use.
Property Features for 6334 Midvale Ave
General Information
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Investment Insights
Based on property information with market context.
On-site utilities are in place, including 2 phase power, electrical, and plumbing. The combination of enclosed building storage and direct garage door access supports a range of light industrial and equipment-focused uses.
Located at 6334 Midvale Ave in Houston, Texas 77087, the property sits within a mixed residential and commercial area with an expanding industrial presence. The total property size is listed at 4,600 SF.
Key Highlights
- Corner fenced manufacturing site
- Multiple onsite buildings for mechanic or industrial use
- Garage door entry for large item and vehicle storage
Financial Insights For Industrial
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 | $41.4k | $9.00 |
| − Vacancy | −$4.3k | −$0.95 |
| EGI | $37.1k | $8.06 |
| − OpEx | −$11.1k | −$2.42 |
| NOI | $25.9k | $5.64 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 77087, TX
Market
Vacancy Rate% for Industrial in Houston, TX