Missouri City Flex/Industrial
2303 FM 1092 Rd Missouri City, TX 77459
2303 FM 1092 Rd, Missouri City, TX, 77459
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For Sale
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52,300 SF flex/industrial building in Missouri City, Texas.
Property Size52,300 SF
Lot Size8.18 Acres
Price / SF$101.20
Days on Market703
Property Features for 2303 FM 1092 Rd
General Information
- Standard status
- Active
- Size
- 52,300 SF
- Lot size
- 8.18 Acres
- Property subtype
- Retail, Hospitality, Special Purpose
Building Details
- Year Built
- 2017
Listing agency
Colliers - Houston, Texas
(713) 461-9393
Listed by
Kolbe Curtice · License #TX 343848
Source
Crexi
Added: Aug 20, 2024 Updated: Jul 10 at 3:41PM Checked: Jul 21 at 9:42AM
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 Colliers - Houston, Texas
Investment Insights
Based on property information with market context.
This one-story, 52,300 SF building was constructed in 2017 and is situated on 8.1783 acres. The property features an eave height of 24 feet and a clear height ranging from 20 to 50 feet, with approximately 30,000 SF of clear span area. It is located between FM 1092 and Cartwright Rd. The zoning is LC-2 / SUP-73 - Places of Assembly, and the parking ratio is 6.5 spaces per 1,000 SF.
Key Highlights
- Excellent location between FM 1092 and Cartwright Rd
- Large clear span area of ±30,000 SF
- Significant clear height ranging from 20’ to 50’
Local Financial Insights For Warehouse
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 | $405.8k | $7.76 |
| − Vacancy | −$25.6k | −$0.49 |
| EGI | $380.3k | $7.27 |
| − OpEx | −$57.0k | −$1.09 |
| NOI | $323.2k | $6.18 |
52,300 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.62M
$4.04M – $5.39M
NOI $323,238 @ 7.0% cap · market cap 6.11%
Second Best
Industrial
$3.80M
$3.33M – $4.44M
NOI $266,196 @ 7.0% cap · market cap 5.03%
Theoretical Best
Multifamily LT 5
$651.53M
$570.09M – $760.12M
NOI $45,607,112 @ 7.0% cap · market cap 861.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Freedom Center
Church
Wildfire Academy
High School
Stafford center
Charitable Organization
Similar For Sale Nearby
Similar Off Market Nearby
- CJ's Masterpiece — 3401 5th St, Stafford, TX 77477
FAQs
What type of property is this?
Flex space - 52,300 SF flex/industrial building in Missouri City, Texas.
Where is this flex space located?
The property is located at 2303 FM 1092 Rd Missouri City, TX.
What is the asking price?
The asking price for this property is $5,292,600.
What are key features of this property?
This property features: Excellent location between FM 1092 and Cartwright Rd; **Large clear span area of ±30,000 SF**; Significant clear height ranging from 20’ to 50’
