Industrial Flex Warehouse With Two
For Sale
Contact for pricing
9013 PAGEWOOD LN, Houston, TX 77063
Modern 2021-built flex warehouse with two separate bays, suited for a range of light industrial and service uses.
Property Size4,950 SF
Price / SF$247.27
Days on Market55
Property Features for 9013 PAGEWOOD LN
General Information
Standard status
Active
Size
4,950 SF
Property subtype
Industrial
Building Details
Year Built
2021
Listing Agency:
SKW Realty
Listed By:
Serene Wong · License #0688577
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 11:49AM
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 SKW Realty
Investment Insights
Based on property information with market context.
9013 Pagewood Ln is a modern 2021 industrial flex warehouse featuring two separate warehouse bays, Unit A and Unit B, with functional layouts for automotive, contractor, warehouse, fabrication, storage, light industrial, and service-related users. The property includes secured access, heavy concrete paving, and grade-level loading capability, designed for practical daily operations. With flexible warehouse functionality, the layout supports users that need dedicated space and straightforward logistics.
The property is located in the Westpark/Galleria submarket of Houston within an established industrial corridor. It is positioned for convenient access to the Westpark Tollway, Beltway 8, and US-59/I-69, providing connectivity to Houston’s major commercial districts.
For buyers and investors, the asset is currently leased at $6,200 per month, supporting immediate in-place income. Existing tenants are open to entering into a new lease agreement with a purchaser, which may provide continuity for an owner looking to stabilize occupancy while planning future operations. For end users, the two-bay configuration and grade-level loading can support light industrial and service workflows that benefit from flexible warehouse space and dedicated operational areas.
The property is located in the Westpark/Galleria submarket of Houston within an established industrial corridor. It is positioned for convenient access to the Westpark Tollway, Beltway 8, and US-59/I-69, providing connectivity to Houston’s major commercial districts.
For buyers and investors, the asset is currently leased at $6,200 per month, supporting immediate in-place income. Existing tenants are open to entering into a new lease agreement with a purchaser, which may provide continuity for an owner looking to stabilize occupancy while planning future operations. For end users, the two-bay configuration and grade-level loading can support light industrial and service workflows that benefit from flexible warehouse space and dedicated operational areas.
Key Highlights
- 2021‑built industrial flex warehouse with approximately 4,950 SF and two separate warehouse bays (Unit A and Unit B)
- 110,000 SF lot with secured access and heavy concrete paving for industrial use
- Grade‑level loading capability and functional layout suited for light industrial and service‑related users
Financial Insights For Flex RnD
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 | $89.1k | $18.00 |
| − Vacancy | −$9.8k | −$1.98 |
| EGI | $79.3k | $16.02 |
| − OpEx | −$27.8k | −$5.61 |
| NOI | $51.5k | $10.41 |
4,950 SF · lease $18.00/SF/yr · vacancy 11.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$736.3K
$644.3K – $859.1K
NOI $51,544 @ 7.0% cap · market cap 4.21%
Second Best
Warehouse
$520.5K
$455.4K – $607.2K
NOI $36,434 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,100 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77063, TX
38,298
Population
22,625
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,511
Density / Sq Mi
$54,509
Median Household Income
$40,346
Median Earnings
$1,334
Median Rent
$281,300
Median Home Value
Market
Properties on Market for Flex space in Houston
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Modern 2021-built flex warehouse with two separate bays, suited for a range of light industrial and service uses.
Where is this flex space located?
The property is located at 9013 PAGEWOOD LN Houston, TX.
What is the asking price?
The asking price for this property is $1,224,000.
What are key features of this property?
This property features: 2021‑built industrial flex warehouse with approximately 4,950 SF and two separate warehouse bays (Unit A and Unit B); 110,000 SF lot with secured access and heavy concrete paving for industrial use; Grade‑level loading capability and functional layout suited for light industrial and service‑related users
