705 Freeport St Houston, TX 77015
Warehouse building for sale, ideal for manufacturing and distribution.
Property Features for 705 Freeport St
General Information
- Standard status
- Active
- Size
- 13,775 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1978
Listing office Global Investment Realty
Listing date Feb 18, 2026
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 Global Investment Realty
Investment Insights
Based on property information with market context.
Key Highlights
- 13,775 sq ft metal building - Ideal for warehouse use.
- Ideal for manufacturing and distribution operations.
- Convenient access to the Port of Houston.
Local Financial Insights For Warehouse
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 | $132.2k | $9.60 |
| − Vacancy | −$13.0k | −$0.94 |
| EGI | $119.3k | $8.66 |
| − OpEx | −$17.9k | −$1.30 |
| NOI | $101.4k | $7.36 |
Alternative Uses
Property Analytics
Current Use by Public Records
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