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Warehouse with Living Quarters

4908 IH 37 Edroy, TX 78370

4908 IH 37, Edroy, TX, 78370

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For Sale

Contact for pricing

Spacious warehouse with comfortable living quarters and IH 37 access.

Property Size3,600 SF

Price / SF$326.39

AddedMay 11, 2021

Days on Market1893

Last RefreshJul 14 at 12:36 pm

Property Features for 4908 IH 37

General Information

Standard status: Active
Size: 3,600 SF
Property subtype: Industrial, Mixed Use

Building Details

Year Built: 2014

Listing office Cravey Real Estate Services Inc

Listing date May 11, 2021

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 Cravey Real Estate Services Inc

Investment Insights

Based on property information with market context.

This property features a 3,600 square foot warehouse (60' x 60') with a 16' x 12' overhead door and a 20' clear height, alongside move-in ready living quarters. The property has 1,877.70' of road frontage and includes a water well and a covered wash rack measuring 20' x 60'. The location provides excellent access to IH 37. This setup is suitable for entrepreneurs, investors, or those seeking a flexible live/work space. The expansive warehouse offers ample space for storage, manufacturing, or distribution, adaptable to a wide range of commercial uses. The comfortable living quarters are perfect for on-site management, staff housing, or personal use. This property offers potential for expanding a business, starting a new venture, or creating a unique live/work setup.

Key Highlights

3,600 sq/ft warehouse featuring a 16' x 12' OHD and 20' clear height, ideal for various commercial applications.
Benefit from 1,877.70' of road frontage, offering excellent visibility and access.
Move‑in ready living quarters are available, perfect for on‑site management or as a personal residence.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$85.5k	$23.76
− Vacancy	−$23.4k	−$6.51
EGI	$62.1k	$17.25
− OpEx	−$15.5k	−$4.31
NOI	$46.6k	$12.94

3,600 SF · lease $23.76/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use

Office B

$665.3K

$582.2K – $776.2K (±1% cap)

NOI $46,574 @ 7.0% cap · market cap 3.96%

Second Best

Mixed Use

$520.7K

$455.6K – $607.5K (±1% cap)

NOI $36,450 @ 7.0% cap · market cap 3.10%

Theoretical Best

Hotel Hospitality

$1.85M

$1.62M – $2.15M (±1% cap)

NOI $129,276 @ 7.0% cap · market cap 11.00%

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

Property Analytics

Location Intelligence

Current Use by Public Records

Live-work space

For sale
Mixed-use properties
TX
Edroy
78370
4908 IH 37

What type of property is this?

Mixed-use property - Spacious warehouse with comfortable living quarters and IH 37 access.

Where is this mixed-use property located?

The property is located at 4908 IH 37 Edroy, TX.

What is the asking price?

The asking price for this property is $1,175,000.

What are key features of this property?

This property features: 3,600 sq/ft warehouse featuring a 16' x 12' OHD and 20' clear height, ideal for various commercial applications.; Benefit from 1,877.70' of road frontage, offering excellent visibility and access.; Move‑in ready living quarters are available, perfect for on‑site management or as a personal residence.