Crane-Served Manufacturing
For Sale
Contact for pricing
8762 Clay Road, Houston, TX 77041
15-acre Houston manufacturing site with crane-served 72,216 SF facility and 11,640 SF office.
Property Size72,216 SF
Price / SF$90.01
Days on Market280
Property Features for 8762 Clay Road
General Information
Standard status
Active
Size
72,216 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE, Inc.
(713) 577-1600
Listed By:
Nathan Wynne
(713) 206-3881
Source:
Moodyscre
Added: Dec 8, 2025
Changed: Sep 7
Last Checked: Sep 13 at 7:06AM
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 CBRE, Inc.
Investment Insights
Based on property information with market context.
The property includes an existing crane-served 72,216 SF manufacturing facility along with an attached 11,640 SF office building. Inside the manufacturing area are multiple overhead cranes, including 35-ton, 20-ton, and 6-ton cranes. City of Houston utilities are available, and heavy power is noted as available for the site.
The site totals 15.08 acres and is located at 8762 Clay Road in Houston, Texas. It is identified as being outside the 500-year floodplain.
Overall, the campus is designed around manufacturing operations with crane coverage and dedicated office space within the existing improvements.
The site totals 15.08 acres and is located at 8762 Clay Road in Houston, Texas. It is identified as being outside the 500-year floodplain.
Overall, the campus is designed around manufacturing operations with crane coverage and dedicated office space within the existing improvements.
Key Highlights
- 15.08 total acres in Houston, featuring an existing crane‑served 72,216 SF manufacturing facility
- Includes a 11,640 SF office building within the manufacturing site
- Facility has 35‑ton, 20‑ton, and 6‑ton cranes
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
$407,190
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
6.26%
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%
$8,143,800
$8.1M
Cap Rate 7%
$5,817,000
$5.8M
Cap Rate 9%
$4,524,333
$4.5M
Market Conditions
NOI Build-Up for 72,216 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
$649.9K $9.00/SF
− Vacancy
−$68.2K −$0.95/SF
EGI
$581.7K $8.06/SF
− OpEx
−$174.5K −$2.42/SF
NOI
$407.2K $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%
$8,143,800
Cap Rate 7%
$5,817,000
Cap Rate 9%
$4,524,333
Alternative Uses
Best Use
Industrial
$5.82M
$5.09M – $6.79M
NOI $407,190 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.57M
$16.25M – $21.66M
NOI $1,299,888 @ 7.0% cap · market cap 20.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
Demographics for 77041, TX
35,958
Population
11,877
Households
3
Avg Household Size
38
Median Age
38%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,903
Density / Sq Mi
$79,164
Median Household Income
$40,991
Median Earnings
$1,638
Median Rent
$269,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - 15-acre Houston manufacturing site with crane-served 72,216 SF facility and 11,640 SF office.
Where is this manufacturing property located?
The property is located at 8762 Clay Road Houston, TX.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 15.08 total acres in Houston, featuring an existing crane‑served 72,216 SF manufacturing facility; Includes a 11,640 SF office building within the manufacturing site; Facility has 35‑ton, 20‑ton, and 6‑ton cranes
