7113 Chippewa Blvd Houston, TX
Warehouse with office, crane, fenced yard, and excellent access.
Property Features for 7113 Chippewa Blvd
General Information
- Standard status
- Active
- Size
- 18,336 SF
- Lot size
- 1.02 Acres
Listing office Texas CRES (713) 907-1707
Listing date Aug 26, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Crane‑equipped warehouse (±14,776 SF) suitable for manufacturing, fabrication, or distribution.
- ±3,560 SF office space plus ±14,776 SF warehouse.
- Excellent access to Beltway 8, SH‑249, I‑45, and FM 1960.
Local Financial Insights For Office B
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 | $396.1k | $21.60 |
| − Vacancy | −$110.9k | −$6.05 |
| EGI | $285.2k | $15.55 |
| − OpEx | −$71.3k | −$3.89 |
| NOI | $213.9k | $11.66 |
Alternative Uses
Property Analytics
Current Use by Public Records
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