Missouri City Flex/Industrial
For Sale
Contact for pricing
2303 FM 1092 Rd, Missouri City, TX 77459
52,300 SF flex/industrial building in Missouri City, Texas.
Property Size52,300 SF
Lot Size8.18 Acres
Price / SF$101.20
Days on Market794
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
Investment Type
Redevelopment
Building Details
Year Built
2017
Buildings
1
Stories
1
Listing Agency:
Colliers - Houston, Texas
Listed By:
Jason Scholtz · License #TX 599659
(281) 269-3444
Source:
Crexi
Added: Aug 20, 2024
Changed: Oct 13
Last Checked: Oct 20 at 8:20PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$266,196
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,323,920
$5.3M
Cap Rate 7%
$3,802,800
$3.8M
Cap Rate 9%
$2,957,733
$3.0M
Market Conditions
NOI Build-Up for 52,300 SF
Gross rent
$405.8K $7.76/SF
− Vacancy
−$25.6K −$0.49/SF
EGI
$380.3K $7.27/SF
− OpEx
−$114.1K −$2.18/SF
NOI
$266.2K $5.09/SF
Area
Fort Bend County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,323,920
Cap Rate 7%
$3,802,800
Cap Rate 9%
$2,957,733
Alternative Uses
Best Use
Industrial
$3.80M
$3.33M – $4.44M
NOI $266,196 @ 7.0% cap · market cap 5.03%
Second Best
Flex RnD
$3.66M
$3.20M – $4.27M
NOI $256,101 @ 7.0% cap · market cap 4.84%
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77459, TX
79,731
Population
28,071
Households
2.8
Avg Household Size
40
Median Age
56%
College-Educated
95%
High-School Grad
31.3 sq mi
ZIP Area
2,547
Density / Sq Mi
$132,758
Median Household Income
$62,335
Median Earnings
$2,031
Median Rent
$367,700
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 South region
Similar Off Market Nearby
- CJ's Masterpiece — 3401 5th St, Stafford, TX 77477
Frequently Asked Questions
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’
