New Gas Station in
For Sale
Contact for pricing
19915 Stuebner Airline Rd, Spring, TX 77379
New gas station under construction in Houston, TX area.
Property Size7,000 SF
Lot Size2.00 Acres
Price / SF$342.86
Days on Market1598
Property Features for 19915 Stuebner Airline Rd
General Information
Standard status
Active
Size
7,000 SF
Lot size
2.00 Acres
Property subtype
Land
Zoning
NZ
Listing Agency:
Beam Real Estate
Listed By:
Shehzad Ziauddin · License #TX 653171
Source:
Crexi
Added: Apr 8, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:27AM
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 Beam Real Estate
Investment Insights
Based on property information with market context.
A ground-up, brand new gas station is under construction in the Houston, TX area. The property is situated on under 2 acres of land and features a 7,000 SF building. It has an Exxon-approved 10-year fuel contract with a gas jobber. The location benefits from 28 sports fields (soccer, football, etc.) in the back, which can provide significant business throughout the year. An easement in the back allows customers to enter and exit from the sports fields. New offices are also planned across the street. All kitchen equipment will be installed, along with a 20-door walk-in cooler. There will be 5 gas pumps in front under a canopy. According to a 3-year-old IMST report, inside sales are projected at $140,000 per month, and gas volume is projected at 100,000 gallons per month. This is a total turnkey operation, and the store is expected to be ready for operations in approximately 3 months.
Key Highlights
- Brand new, turnkey Exxon‑approved gas station with a 10‑year fuel contract.
- High inside sales ($140,000/month) and gas volume (100,000 gallons/month).
- Located next to 28 sports fields, providing a consistent customer base.
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
$123,702
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
5.15%
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%
$2,474,040
$2.5M
Cap Rate 7%
$1,767,171
$1.8M
Cap Rate 9%
$1,374,467
$1.4M
Market Conditions
NOI Build-Up for 7,000 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
$174.7K $24.96/SF
− Vacancy
−$9.8K −$1.40/SF
EGI
$164.9K $23.56/SF
− OpEx
−$41.2K −$5.89/SF
NOI
$123.7K $17.67/SF
Area
Montgomery County, TX
Vacancy
5.60%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
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%
$2,474,040
Cap Rate 7%
$1,767,171
Cap Rate 9%
$1,374,467
Alternative Uses
Best Use
Specialty Retail
$1.77M
$1.55M – $2.06M
NOI $123,702 @ 7.0% cap · market cap 5.15%
Second Best
Retail
$1.36M
$1.19M – $1.58M
NOI $94,917 @ 7.0% cap · market cap 3.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
7,533 visits/mo
0.1 miles
Demographics for 77379, TX
84,704
Population
30,004
Households
2.8
Avg Household Size
38
Median Age
49%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
3,283
Density / Sq Mi
$110,712
Median Household Income
$58,474
Median Earnings
$1,618
Median Rent
$335,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - New gas station under construction in Houston, TX area.
Where is this gas station located?
The property is located at 19915 Stuebner Airline Rd Spring, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Brand new, turnkey Exxon‑approved gas station with a 10‑year fuel contract.; High inside sales ($140,000/month) and gas volume (100,000 gallons/month).; Located next to 28 sports fields, providing a consistent customer base.
