Gated Trade Warehouse and
For Sale
Contact for pricing
915 Orange St, La Marque, TX 77568
Heated and cooled office and trade space with attached warehouse, offices, kitchen, storage, ample parking, and gated yard.
Property Size2,800 SF
Price / SF$117.86
Days on Market245
Property Features for 915 Orange St
General Information
Standard status
Active
Size
2,800 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Office Units
4
Amenities
large bullpen
4 large designated offices
2 bathrooms including 1 full bathroom
2 large storage rooms
full kitchen/dining combo
gated
Listing Agency:
Claire Sinclair Properties, LLC
(281) 424-0333
Listed By:
Wade Sinclair
(713) 628-1671
Source:
Moodyscre
Added: Jan 8
Changed: Sep 7
Last Checked: Sep 9 at 5:54PM
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 Claire Sinclair Properties, LLC
Investment Insights
Based on property information with market context.
This well-maintained trade-oriented property includes approximately 2,000 square feet of heated and cooled space with a large bullpen. Inside, there are four large designated offices, two bathrooms (including one full bathroom), two large storage rooms, and a full kitchen/dining combination.
An additional attached 800 square feet of warehouse space is included, suited for tools, storage, or trade work. The property has ample parking and is gated for security and privacy, with an included strip of land adjacent to the fenced property for expansion needs.
The site is currently used to run an electrical business. It is located within one mile of Interstate 45 and HWY 146, and about one-half mile from HWY 3, providing practical access to major roadways. Address: 915 Orange St, La Marque, TX 77568.
An additional attached 800 square feet of warehouse space is included, suited for tools, storage, or trade work. The property has ample parking and is gated for security and privacy, with an included strip of land adjacent to the fenced property for expansion needs.
The site is currently used to run an electrical business. It is located within one mile of Interstate 45 and HWY 146, and about one-half mile from HWY 3, providing practical access to major roadways. Address: 915 Orange St, La Marque, TX 77568.
Key Highlights
- 2,000 SF heated and cooled office/trade space with a large bullpen, 4 large designated offices, and 2 bathrooms (1 full)
- Full kitchen/dining combo plus 2 large storage rooms for business operations and organization
- Attached 800 SF warehouse suited for tools, storage, or trade work
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,305
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$346,100
$346.1K
Cap Rate 7%
$247,214
$247.2K
Cap Rate 9%
$192,278
$192.3K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$21.7K $7.76/SF
− Vacancy
−$1.4K −$0.49/SF
EGI
$20.4K $7.27/SF
− OpEx
−$3.1K −$1.09/SF
NOI
$17.3K $6.18/SF
Area
Galveston County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$346,100
Cap Rate 7%
$247,214
Cap Rate 9%
$192,278
Alternative Uses
Best Use
Warehouse
$247.2K
$216.3K – $288.4K
NOI $17,305 @ 7.0% cap · market cap 5.24%
Second Best
Industrial
$203.6K
$178.1K – $237.5K
NOI $14,251 @ 7.0% cap · market cap 4.32%
Theoretical Best
Multifamily LT 5
$31.39M
$27.47M – $36.62M
NOI $2,197,450 @ 7.0% cap · market cap 665.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77568, TX
20,254
Population
8,950
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
14.6 sq mi
ZIP Area
1,387
Density / Sq Mi
$72,912
Median Household Income
$44,981
Median Earnings
$1,395
Median Rent
$209,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Heated and cooled office and trade space with attached warehouse, offices, kitchen, storage, ample parking, and gated yard.
Where is this flex space located?
The property is located at 915 Orange St La Marque, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,000 SF heated and cooled office/trade space with a large bullpen, 4 large designated offices, and 2 bathrooms (1 full); Full kitchen/dining combo plus 2 large storage rooms for business operations and organization; Attached 800 SF warehouse suited for tools, storage, or trade work
