Properties For Sale

at 9201 Jackrabbit Road Contact us

Freestanding Office/Warehouse

Floor

Building B

Size

8,250 SF

Type

INDUSTRIAL

Lease Type

NNN

Availability

AVAILABLE, Upon completion

Property Highlights Four free-standing office/warehouse buildings under construction... in newly developed business park just minutes from Highway 6 and US Highway 290 Fully fenced and gated with owner on site Great visibility on the northwest corner of Jackrabbit Road and Cicero Road Located less than half a mile from both Highway 290 and Highway 6 and only 5 miles from Beltway 8; in a high-density area with easy access to freeways and retail Average traffic of over 10,000 vehicles per day on Jackrabbit Road and over 45,000 vehicles per day on nearby Highway 6

show more

Contact us

Freestanding Office/Warehouse

Floor

Building D

Size

8,250 SF

Type

INDUSTRIAL

Lease Type

NNN

Availability

AVAILABLE, Upon completion

Property Highlights Four free-standing office/warehouse buildings under construction... in newly developed business park just minutes from Highway 6 and US Highway 290 Fully fenced and gated with owner on site Great visibility on the northwest corner of Jackrabbit Road and Cicero Road Located less than half a mile from both Highway 290 and Highway 6 and only 5 miles from Beltway 8; in a high-density area with easy access to freeways and retail Average traffic of over 10,000 vehicles per day on Jackrabbit Road and over 45,000 vehicles per day on nearby Highway 6

show more

Contact us

Freestanding Office/Warehouse

Floor

Building A

Size

8,250 SF

Type

INDUSTRIAL

Lease Type

NNN

Availability

AVAILABLE

Property Highlights Four free-standing office/warehouse buildings under construction... in newly developed business park just minutes from Highway 6 and US Highway 290 Fully fenced and gated with owner on site Great visibility on the northwest corner of Jackrabbit Road and Cicero Road Located less than half a mile from both Highway 290 and Highway 6 and only 5 miles from Beltway 8; in a high-density area with easy access to freeways and retail Average traffic of over 10,000 vehicles per day on Jackrabbit Road and over 45,000 vehicles per day on nearby Highway 6

show more

Contact us

Freestanding Office/Warehouse

Floor

Building E

Size

8,250 SF

Type

INDUSTRIAL

Lease Type

NNN

Availability

AVAILABLE

Property Highlights Four free-standing office/warehouse buildings under construction... in newly developed business park just minutes from Highway 6 and US Highway 290 Fully fenced and gated with owner on site Great visibility on the northwest corner of Jackrabbit Road and Cicero Road Located less than half a mile from both Highway 290 and Highway 6 and only 5 miles from Beltway 8; in a high-density area with easy access to freeways and retail Average traffic of over 10,000 vehicles per day on Jackrabbit Road and over 45,000 vehicles per day on nearby Highway 6

show more

Contact us

Listing Agency: Texas CRES Show Phone

Listed By: Alex Wisnoski · License #636406 Show Phone

Source: Moodyscre

Added: Jun 23, 2023 Changed: Sep 6 Last Checked: Sep 24 at 12:53PM

Report an Issue

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 CRES

Investment Insights

Based on property information with market context.

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.

Key Highlights

• Four free‑standing office/warehouse buildings
• Under construction
• Available for lease or sale

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

$108,405

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

7.96%

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%

$2,168,100 $2.2M

Cap Rate 7%

$1,548,643 $1.5M

Cap Rate 9%

$1,204,500 $1.2M

Market Conditions

NOI Build-Up for 8,250 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

$198.0K $24.00/SF

− Vacancy

−$53.5K −$6.48/SF

EGI

$144.5K $17.52/SF

− OpEx

−$36.1K −$4.38/SF

NOI

$108.4K $13.14/SF

Area

ZIP 77095

Vacancy

27.00%

Lease Rate

$24.00 /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%

$2,168,100

Cap Rate 7%

$1,548,643

Cap Rate 9%

$1,204,500

Alternative Uses

Best Use

Office B

$1.55M

$1.36M – $1.81M (±1% cap)

NOI $108,405 @ 7.0% cap · market cap 7.96%

Second Best

Warehouse

$1.04M

$908.8K – $1.21M (±1% cap)

NOI $72,706 @ 7.0% cap · market cap 5.34%

Theoretical Best

Office A

$2.12M

$1.86M – $2.48M (±1% cap)

NOI $148,500 @ 7.0% cap · market cap 10.91%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Garden Center Auto Repair Shop Parking Lot & Garage Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

919

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 77095, TX

71,206

Population

26,429

Households

2.7

Avg Household Size

37

Median Age

42%

College-Educated

93%

High-School Grad

14.7 sq mi

ZIP Area

4,844

Density / Sq Mi

$95,657

Median Household Income

$49,466

Median Earnings

$1,638

Median Rent

$288,500

Median Home Value

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019

24.5% 2020

25.2% 2021

26% 2022

25.3% 2023

25.5% 2024

24.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Two-Story Flex Space with Offices

5010 Nolda Street, Houston, TX 77007

$2,250,000

5,760 SF

View details

Two-Story Retail Building with Parking

7704 Irvington Boulevard, Houston, TX 77022

$815,000

5,600 SF

View details

New Gas Station and Retail

14911 Westpark Dr, Houston, TX 77082

$7,000,000

10,200 SF

View details

Shell-Condition Storefront Property

17211 North Fwy, Houston, TX 77090

$1,450,000

7,500 SF

View details

Flex Space with Outside Storage

5010 Steffani Ln, Houston, TX 77041

$985,000

4,802 SF

View details

Flex Space with New TPO Roof

2900 Luell Street, Houston, TX 77093

$500,000

10,028 SF

View details

Auto Shop with Collision Workflow Separation

11239 Veterans Memorial Drive, Houston, TX 77067

$2,500,000

9,400 SF

View details

New Self-Service Car Wash

3703 Highway 6 S, Houston, TX 77082

$6,500,000

5,500 SF

View details

Multi-Tenant Office Building

800 Tully Rd, Houston, TX 77079

$1,795,000

16,571 SF

View details

Signalized Corner Retail Center

13712 Walters Rd, Houston, TX 77014

$1,899,000

12,980 SF

View details

Rehabilitation Center with Aquatic Pool

9402 Mesa Dr, Houston, TX 77028

$798,000

3,532 SF

View details

Two-Building Office Property

3800 & 3750 Hopper Rd, Houston, TX 77093

$995,000

7,245 SF

View details

Similar Off Market Nearby

• Texas Forensic Storage — 8525 Jackrabbit Rd Ste Q, Houston, TX 77095
• Access - Scanning, Records Storage, and Document Management — 13885 Westfair E Dr, Houston, TX 77041
• CubeSmart Self Storage — 13340 Farm to Market 1960 Rd W, Houston, TX 77065
• 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

Frequently Asked Questions

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 Road Houston, TX.

What is the asking price?

The asking price for this property is $1,361,250.

What are key features of this property?

This property features: Four free‑standing office/warehouse buildings; Under construction; Available for lease or sale