Industrial Flex Warehouse With Two
9013 PAGEWOOD LN Houston, TX 77063
9013 PAGEWOOD LN, Houston, TX, 77063
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For Sale
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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 Market38
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 Checked: Jul 17 at 2:25 pm
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Westheimer Coffee Company — 8798 Westpark Dr # E, Houston, TX 77063
- Wildflower Catering — 3730 S Gessner Rd 3730 b, Houston, TX 77063
FAQs
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
