New Two-Building Flex
For Sale
Contact for pricing
8695 Antoine Drive, Houston, TX 77088
Newly constructed commercial property combines warehouse capacity with finished office areas in each building.
Property Size28,000 SF
Lot Size2.00 Acres
Price / SF$96.43
Days on Market110
Property Features for 8695 Antoine Drive
General Information
Standard status
Active
Size
28,000 SF
Lot size
2.00 Acres
Property subtype
Office, Industrial, Self Storage
Zoning
commercial
Investment Type
Owner/User
Additional Details
Asking Price
$2,700,000
Building Details
Year Built
2025
Buildings
2
Listing Agency:
SK Real Estate Consulting
Listed By:
SHOBY KURJEE · License #9014516
Source:
Crexi
Added: Jun 30
Changed: Oct 15
Last Checked: Oct 16 at 8:11AM
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 SK Real Estate Consulting
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2025, this flex space property comprises two warehouse buildings with a combined 28,000 square feet. Each building includes approximately 1,200 square feet of finished front office space, leaving the balance configured for warehouse, storage, manufacturing, distribution, or service-related operations. The layout also supports separate office and industrial functions within each building.
The buildings occupy approximately 2.0 acres at 8695 Antoine Drive in Houston, Texas. The property carries commercial zoning and is positioned for access to major Houston highways and industrial corridors. Its configuration accommodates businesses requiring a combination of administrative space and substantial warehouse area.
The buildings occupy approximately 2.0 acres at 8695 Antoine Drive in Houston, Texas. The property carries commercial zoning and is positioned for access to major Houston highways and industrial corridors. Its configuration accommodates businesses requiring a combination of administrative space and substantial warehouse area.
Key Highlights
- Two warehouse buildings totaling 28,000 SF
- Approximately 1,200 SF of finished front office space in each building
- Approximately ±2.0 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$206,089
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,121,780
$4.1M
Cap Rate 7%
$2,944,129
$2.9M
Cap Rate 9%
$2,289,878
$2.3M
Market Conditions
NOI Build-Up for 28,000 SF
Gross rent
$268.8K $9.60/SF
− Vacancy
−$26.3K −$0.94/SF
EGI
$242.5K $8.66/SF
− OpEx
−$36.4K −$1.30/SF
NOI
$206.1K $7.36/SF
Area
Houston, TX
Vacancy
9.80%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,121,780
Cap Rate 7%
$2,944,129
Cap Rate 9%
$2,289,878
Alternative Uses
Best Use
Flex RnD
$4.17M
$3.64M – $4.86M
NOI $291,564 @ 7.0% cap · market cap 10.80%
Second Best
Warehouse
$2.94M
$2.58M – $3.43M
NOI $206,089 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$7.20M
$6.30M – $8.40M
NOI $504,000 @ 7.0% cap · market cap 18.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed commercial property combines warehouse capacity with finished office areas in each building.
Where is this flex space located?
The property is located at 8695 Antoine Drive Houston, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Two warehouse buildings totaling 28,000 SF; Approximately 1,200 SF of finished front office space in each building; Approximately ±2.0 acres
