Freestanding Flex Space with
New
For Sale
Contact for pricing
8139 Tidwell Road, Houston, TX 77028
Secured industrial property with office space, heavy power, two warehouses, and access from Tidwell Road and Hamlet.
Property Size15,208 SF
Lot Size1.61 Acres
Price / SF$65.10
Days on Market7
Property Features for 8139 Tidwell Road
General Information
Standard status
Active
Size
15,208 SF
Lot size
1.61 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Office Build-Out
1,600 SF
Heavy Power
Yes
Amenities
break area
full electrical fence
Building Details
Year Built
1978
Buildings
1
Listing Agency:
Colliers - Houston, Texas
(713) 222-2111
Listed By:
Chris Klein · License #TX 325140
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 4 at 5:04AM
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 freestanding flex property contains approximately 15,208 SF across two warehouses and an office component on approximately 1.6116 AC. The office area spans approximately 1,600 SF and includes private offices, an open bullpen, and a break area. Warehouse #1 measures approximately 10,000 SF and features a 10-ton overhead crane, 24-foot hook height, 30-foot eave height, and three grade-level doors. Warehouse #2 provides approximately 3,608 SF with 12- to 16-foot eave height and grade-level loading. Heavy power and drive-through capability support industrial operations, while the site is secured by a full electrical fence.
Located on Tidwell Road just east of 59 North, the property offers access from both Tidwell Road and Hamlet. The approximately 1.6116-acre site is mostly stabilized and includes a freestanding office building as part of the overall improvements.
Located on Tidwell Road just east of 59 North, the property offers access from both Tidwell Road and Hamlet. The approximately 1.6116-acre site is mostly stabilized and includes a freestanding office building as part of the overall improvements.
Key Highlights
- Approximately 15,208 SF on approximately 1.6116 AC
- Warehouse #1 includes a 10‑ton overhead crane with 24‑foot hook height
- Warehouse #1 offers 30‑foot eave height and 3 grade‑level doors
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 | $136.9k | $9.00 |
| − Vacancy | −$14.4k | −$0.95 |
| EGI | $122.5k | $8.06 |
| − OpEx | −$36.8k | −$2.42 |
| NOI | $85.8k | $5.64 |
15,208 SF · lease $9.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.53M
$2.22M – $2.96M
NOI $177,386 @ 7.0% cap · market cap 17.92%
Second Best
Flex RnD
$2.26M
$1.98M – $2.64M
NOI $158,361 @ 7.0% cap · market cap 16.00%
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
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
201
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
Properties on Market for Flex space in Houston
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Secured industrial property with office space, heavy power, two warehouses, and access from Tidwell Road and Hamlet.
Where is this flex space 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: Approximately 15,208 SF on approximately 1.6116 AC; Warehouse #1 includes a 10‑ton overhead crane with 24‑foot hook height; Warehouse #1 offers 30‑foot eave height and 3 grade‑level doors
