2427 Farm to Market 1960 Rd W, Houston, TX 77068
5,500 SF building on 0.95 acres with frontage.
- Added:
- Jun 17, 2024
- Days on Market:
- 751
- Last Refresh:
- May 12 at 9:17 pm
Property Features for 2427 Farm to Market 1960 Rd W
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.95 Acres
- Property subtype
- Retail
Listing office DN Commercial
Listing date Jun 17, 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 DN Commercial
HighLights
- +/-.95 AC Land with a 5,500 SF Building, ideal for a Restaurant, Warehouse, or Commissary
- Features +/-188 FT of Frontage on FM 1960
- Benefit from two curb cuts, with the possibility of adding a third
- Explore the Drive‑Thru possibility for added convenience
- Enjoy peace of mind with a Fully Gated and Fenced perimeter
- Conveniently located approximately 6 miles from HWY 249 and 2.6 miles from I‑45
Overview
Local Financial Insights For Specialty Retail
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 | $118.8k | $21.60 |
| − Vacancy | −$5.9k | −$1.08 |
| EGI | $112.9k | $20.52 |
| − OpEx | −$28.2k | −$5.13 |
| NOI | $84.6k | $15.39 |
Alternative Uses
Current Use by Public Records
Map
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.4879
- Latitude
- 30.0064
