Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    708 Damascus Dr Rosenberg, TX 77471

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial facility with flexible sizes and highway access.

    Type:Industrial
    Property size:
    9,750 SF
    Added:
    Feb 7, 2024
    Days on Market:
    807
    Last Refresh:
    Mar 17 at 1:25 pm

    Property Features for 708 Damascus Dr

    General Information

    Standard status
    Active
    Size
    9,750 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2024

    We can help!

    Listing Contact
    Michael Stavinoha

    Listing agent Michael Stavinoha License #Tx 675302

    Listing office KW Commercial Houston

    Listing date Feb 7, 2024

    Source Crexi

    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 KW Commercial Houston

    Overview

    New Industrial Facility Near Highway

    This industrial facility presents an opportunity for purchase or investment. It is located minutes from Hwy 59, Hwy 36, and Union Pacific Rail access. The warehouse features insulation, a clear height of 26 feet, and wheel well loading docks. The property has 3-phase, 480-volt access with step-downs for 280 and office needs. Building sizes range from 5,250 to 9,750 square feet, based on requirements. Build-to-suit options are available. The building at 2051 Bose St. has a footprint of 5,250 square feet, with a mezzanine above the first-floor office, totaling 5,750 square feet. A sprinkler system can be added for an additional cost.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • BAMORE MINI STORAGE — 2210 Bamore Rd, Rosenberg, TX 77471

    Map

    City
    Rosenberg
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.8155
    Latitude
    29.5301

    Nearby Similar for Sale

    • $4,313,747
      14,000 SF

      CVS Zero Cash Flow Property

      Single tenant CVS in Rosenberg, Texas with long-term lease.
      6750 Reading Rd, Rosenberg, TX 77471
      View Details
    • $6,181,262
      3,615 SF

      Rosenberg Car Wash For Sale

      Car wash property available in Rosenberg, Texas.
      28321 Southwest Fwy, Rosenberg, TX 77471
      View Details
    • $2,599,999
      2,768 SF

      Rosenberg Estate with Commercial Building

      25.8-acre property with home, shop, and commercial building.
      3819 Cottonwood School Road, Rosenberg, TX 77471
      View Details
    • $1,440,000
      9,750 SF

      New Industrial Facility Near Highway

      Industrial facility with flexible space options near major transportation routes.
      708 Damascus Dr, Rosenberg, TX
      View Details
    • Contact for pricing

      Multifamily Community in Rosenberg, Texas

      Well-located multifamily community with modern amenities and convenient access.
      810 Brooks Ave, Rosenberg, TX 77471
      View Details
    • $750,000
      2,488 SF

      Corner Lot Office Building

      Corner lot office building with professional and business use restrictions.
      5222 Reading Rd, Rosenberg, TX 77471
      View Details
    • Contact for pricing

      Freestanding Warehouse in Business Park

      Located in deed-restricted business park, less than half mile from freeway.
      4725 Business Park Dr, Rosenberg, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial facility with flexible sizes and highway access.
    Where is this warehouse located?
    The property is located at 708 Damascus Dr Rosenberg, TX.
    What are key features of this property?
    This property features: Strategic Location: Minutes from Hwy 59, Hwy 36, and Union Pacific Rail access.; New Construction: Built in 2024, offering a modern industrial facility.; High Ceilings: Benefit from 26 Ft Clear Heights suitable for various industrial operations.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michael Stavinoha
    Real Estate License ID: Tx 675302
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!