Flex Office and Warehouse
For Sale
Contact for pricing
9528 Louetta Rd, Spring, TX 77379
Flex office layout with six private offices, conference room, and a fully insulated warehouse with roll-up door.
Property Size4,200 SF
Price / SF$297.62
Days on Market99
Property Features for 9528 Louetta Rd
General Information
Standard status
Active
Size
4,200 SF
Property subtype
INDUSTRIAL
Additional Details
Outdoor Storage
Yes
Amenities
security alarm system
laminated storm windows
200-amp electrical service
dual HVAC systems
fiber-optic phone system
French drains
aerobic septic system
full kitchen
full bathroom with shower
half bath
conference room
built-in workbenches
washer/dryer hookups
electric roll-up door
Building Details
Stories
2
Listing Agency:
Elite Texas Properties
(832) 405-5735
Listed By:
Kristie Zorens · License #0534188
(281) 610-7240
Source:
Moodyscre
Added: Jul 16
Changed: Oct 7
Last Checked: Oct 21 at 12:13AM
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 Elite Texas Properties
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Investment Insights
Based on property information with market context.
This flex office and warehouse facility offers approximately 4,200 square feet of combined office, open workspace, and industrial storage. The main level includes six private offices, a spacious conference room, a full kitchen, a full bathroom with shower, and an additional half bath. The upper level provides approximately 1,700 square feet of open space that can support training, storage, or additional workspace, and the property also includes exterior storage areas on both sides of the building.
The 50' x 30' fully insulated warehouse features an electric roll-up door, built-in workbenches, and washer/dryer hookups. Additional building systems and site features include a security alarm system with four cameras, laminated storm windows, 200-amp electrical service, dual HVAC systems, and a fiber-optic phone system.
Site improvements include French drains along the sides and rear of the building, along with an aerobic septic system with a spray field located behind the building.
The 50' x 30' fully insulated warehouse features an electric roll-up door, built-in workbenches, and washer/dryer hookups. Additional building systems and site features include a security alarm system with four cameras, laminated storm windows, 200-amp electrical service, dual HVAC systems, and a fiber-optic phone system.
Site improvements include French drains along the sides and rear of the building, along with an aerobic septic system with a spray field located behind the building.
Key Highlights
- Approximately 4,200 sq. ft. commercial building with office, conference, kitchen, and bathroom facilities plus upper‑level open space.
- Main level includes approx. 2,500 sq. ft. with six private offices, spacious conference room, full kitchen, full bath with shower, and half bath.
- Upper level offers approx. 1,700 sq. ft. open space for training, storage, or additional workspace, plus exterior storage on both sides.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,013
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,260
$1.1M
Cap Rate 7%
$785,900
$785.9K
Cap Rate 9%
$611,256
$611.3K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$96.8K $23.04/SF
− Vacancy
−$23.4K −$5.58/SF
EGI
$73.4K $17.46/SF
− OpEx
−$18.3K −$4.37/SF
NOI
$55.0K $13.10/SF
Area
Harris County, TX
Vacancy
24.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,260
Cap Rate 7%
$785,900
Cap Rate 9%
$611,256
Alternative Uses
Best Use
Office B
$785.9K
$687.7K – $916.9K
NOI $55,013 @ 7.0% cap · market cap 4.40%
Second Best
Warehouse
$624.7K
$546.6K – $728.9K
NOI $43,731 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,277 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Bailey Connor Catering — 16911 Memorial Chase Rd #2, Houston, TX 77070
Frequently Asked Questions
What type of property is this?
Flex space - Flex office layout with six private offices, conference room, and a fully insulated warehouse with roll-up door.
Where is this flex space located?
The property is located at 9528 Louetta Rd Spring, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 4,200 sq. ft. commercial building with office, conference, kitchen, and bathroom facilities plus upper‑level open space.; Main level includes approx. 2,500 sq. ft. with six private offices, spacious conference room, full kitchen, full bath with shower, and half bath.; Upper level offers approx. 1,700 sq. ft. open space for training, storage, or additional workspace, plus exterior storage on both sides.
