Two-Building Warehouse
6645 W Tidwell Rd, Houston, TX 77092
For Sale
Contact for pricing
Warehouse and office areas are complemented by overhead doors, cranes, and concrete storage behind the buildings.
Property Size31,550 SF
Price / SF$124.41
Days on Market12
Property Features for 6645 W Tidwell Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Outdoor Storage
Warehouse & Industrial
Clear Span
Office Build-Out
Additional Details
Property Use
Building Details
Year Built
Year Renovated
Buildings
Construction
Listing Agency:
Coldwell Banker Realty - Heights
(713) 869-0456
Listed By:
David Sternbaum
(832) 687-7333
Source:
Moodyscre
Added: Oct 27
Changed: Nov 4
Last Checked: Nov 6 at 10:53AM
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 Coldwell Banker Realty - Heights
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Investment Insights
Based on property information with market context.
The property comprises two metal warehouse buildings totaling 31,550 square feet. Built in 1982 and remodeled in 2019, the improvements combine warehouse and office space with overhead doors and cranes. Building A contains 18,000 square feet, including approximately 6,500 square feet of air-conditioned office area. It has two 20-foot doors, one 14-foot door, two 2-ton cranes, and an approximately 26-foot ceiling. Building B offers approximately 13,500 square feet of clear-span space, a ceiling height of approximately 22 feet, five 14-foot doors, and one 2-ton crane. Additional concrete storage space is situated behind the buildings.
Key Highlights
- Two metal buildings with a combined 31,550 square feet
- Building A: 18,000 square feet, including approximately 6,500 square feet of air‑conditioned office space
- Building A includes two 20‑foot doors, one 14‑foot door, and two 2‑ton cranes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$328,530
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,570,600
$6.6M
Cap Rate 7%
$4,693,286
$4.7M
Cap Rate 9%
$3,650,333
$3.7M
Market Conditions
NOI Build-Up for 31,550 SF
Gross rent
$567.9K $18.00/SF
− Vacancy
−$62.5K −$1.98/SF
EGI
$505.4K $16.02/SF
− OpEx
−$176.9K −$5.61/SF
NOI
$328.5K $10.41/SF
Area
Houston, TX
Vacancy
11.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,570,600
Cap Rate 7%
$4,693,286
Cap Rate 9%
$3,650,333
Alternative Uses
Best Use
Flex RnD
$4.69M
$4.11M – $5.48M
NOI $328,530 @ 7.0% cap · market cap 8.37%
Second Best
Warehouse
$3.32M
$2.90M – $3.87M
NOI $232,218 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$8.11M
$7.10M – $9.47M
NOI $567,900 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 77092, TX
34,903
Population
16,158
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
75%
High-School Grad
8.1 sq mi
ZIP Area
4,309
Density / Sq Mi
$56,741
Median Household Income
$34,895
Median Earnings
$1,228
Median Rent
$222,800
Median Home Value
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Market
Properties on Market for Warehouses in Houston
Vacancy Rate% for Industrial in Houston, TX
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and office areas are complemented by overhead doors, cranes, and concrete storage behind the buildings.
Where is this warehouse located?
The property is located at 6645 W Tidwell Rd Houston, TX.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Two metal buildings with a combined 31,550 square feet; Building A: 18,000 square feet, including approximately 6,500 square feet of air‑conditioned office space; Building A includes two 20‑foot doors, one 14‑foot door, and two 2‑ton cranes
