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    New Cypress Area Office/Warehouse Buildings Title is generated by Realmo AI

    9201 Jackrabbit Rd, Houston, TX 77095

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    Four free-standing office/warehouse buildings under construction in Cypress area.

    Type:Industrial
    Property size:
    8,250 SF
    Price / SF:
    $147/SF
    Added:
    Jun 24, 2023
    Days on Market:
    1088
    Last Refresh:
    May 12 at 10:16 pm

    Property Features for 9201 Jackrabbit Rd

    General Information

    Standard status
    Active
    Size
    8,250 SF
    Property subtype
    Industrial

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    Listing Contact
    Alex Wisnoski

    Listing agent Alex Wisnoski License #TX 636406

    Listing office Texas Commercial Real Estate Services

    Listing date Jun 24, 2023

    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 Texas Commercial Real Estate Services

    HighLights

    • Four free‑standing office/warehouse buildings
    • Under construction
    • Available for lease or sale
    • Rapidly expanding Cypress area
    • Office/warehouse use
    • Additional property details available

    Overview

    Four free-standing office/warehouse buildings are currently under construction in the rapidly expanding Cypress area. The property, suitable for commercial real estate, includes warehouses, industrial properties, office buildings, office spaces, and flex space. The property has a size of 8250 square feet and is available for lease or sale.

    Local Financial Insights For Office B

    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 $198.0k $24.00
    − Vacancy −$53.5k −$6.48
    EGI $144.5k $17.52
    − OpEx −$36.1k −$4.38
    NOI $108.4k $13.14
    8,250 SF · lease $24.00/SF/yr · vacancy 27.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.55M
    $1.36M – $1.81M (±1% cap)
    NOI $108,405 @ 7.0% cap · market cap 8.94%
    Second Best
    Flex RnD
    $1.13M
    $988.2K – $1.32M (±1% cap)
    NOI $79,054 @ 7.0% cap · market cap 6.52%
    Theoretical Best
    Office A
    $2.12M
    $1.86M – $2.48M (±1% cap)
    NOI $148,500 @ 7.0% cap · market cap 12.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • CubeSmart Self Storage — 13340 Farm to Market 1960 Rd W, Houston, TX 77065
    • Access - Scanning, Records Storage, and Document Management — 13885 Westfair E Dr, Houston, TX 77041
    • Near-By Storage Units — 13345 farm to market 1960 rd w, houston, tx 77065
    • COLLECTOR’S PADDOCK Inc. — 20212 Hempstead Rd #6, Houston, TX 77065
    • Texas Forensic Storage — 8525 Jackrabbit Rd Ste Q, Houston, TX 77095

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.621027
    Latitude
    29.911638

    FAQs

    What type of property is this?
    Warehouse - Four free-standing office/warehouse buildings under construction in Cypress area.
    Where is this warehouse located?
    The property is located at 9201 Jackrabbit Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $1,212,750.
    What are key features of this property?
    This property features: Four free‑standing office/warehouse buildings; Under construction; Available for lease or sale
    More about this property
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