Freestanding Industrial Property with
For Sale
Contact for pricing
8139 Tidwell Road, Houston, TX 77028
Freestanding industrial property featuring a 10-ton crane and heavy power.
Property Size15,208 SF
Lot Size1.61 Acres
Price / SF$65.10
Days on Market225
Property Features for 8139 Tidwell Road
General Information
Standard status
Active
Size
15,208 SF
Lot size
1.61 Acres
Property subtype
Industrial
Lease Type
NNN
Building Details
Year Built
1978
Buildings
1
Tenancy
Multi
Listing Agency:
Colliers - Houston, Texas
Listed By:
Chris Klein · License #TX 325140
(713) 222-2111
Source:
Crexi
Added: Jan 27
Changed: Sep 8
Last Checked: Sep 8 at 8:43AM
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 Colliers - Houston, Texas
Investment Insights
Based on property information with market context.
This industrial property, located just East of 59 North on Tidwell with access from Tidwell and Hamlet, features a total size of approximately 15,208 square feet. The property includes a freestanding office building of approximately 1,600 square feet with private offices, a bullpen, and a break area, situated on approximately 1.6116 acres of mostly stabilized land. The property benefits from heavy power and a full electrical fence, and is drive-through capable. Warehouse #1 offers approximately 10,000 square feet of space, equipped with a 10-ton overhead crane with a hook height of 24 feet and an eave height of 30 feet. Loading is facilitated by 3 grade-level doors. Warehouse #2 provides approximately 3,608 square feet of space with an eave height ranging from 12 to 16 feet, and grade-level loading.
Key Highlights
- ±15,208 SF total size with ±1,600 SF of office space.
- 10‑Ton overhead crane in the ±10,000 SF warehouse with 24’ hook height and 30’ eave height.
- Heavy power supply.
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
$85,750
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
8.66%
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%
$1,715,000
$1.7M
Cap Rate 7%
$1,225,000
$1.2M
Cap Rate 9%
$952,778
$952.8K
Market Conditions
NOI Build-Up for 15,208 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
$136.9K $9.00/SF
− Vacancy
−$14.4K −$0.95/SF
EGI
$122.5K $8.06/SF
− OpEx
−$36.8K −$2.42/SF
NOI
$85.8K $5.64/SF
Area
Houston, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,715,000
Cap Rate 7%
$1,225,000
Cap Rate 9%
$952,778
Alternative Uses
Best Use
Office B
$2.53M
$2.22M – $2.96M
NOI $177,386 @ 7.0% cap · market cap 17.92%
Second Best
Warehouse
$1.60M
$1.40M – $1.87M
NOI $111,936 @ 7.0% cap · market cap 11.31%
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,744 @ 7.0% cap · market cap 27.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial property featuring a 10-ton crane and heavy power.
Where is this warehouse located?
The property is located at 8139 Tidwell Road Houston, TX.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: ±15,208 SF total size with ±1,600 SF of office space.; 10‑Ton overhead crane in the ±10,000 SF warehouse with 24’ hook height and 30’ eave height.; Heavy power supply.
