Property profile

18602 Kermier Rd Hockley, TX 77447

OFF-MARKET
Industrial properties
82,100 SF 17.95 ac lot
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Property summary

AI-generated overview

This exceptional Hockley, Texas industrial property, known as Kermier Commerce Park, offers 82,100 square feet of manufacturing space across nine buildings. The buildings, constructed with tilt-wall construction, range in size from approximately 5,500 square feet to approximately 15,950 square feet, providing flexibility for various operational needs. Features include ceiling heights ranging from 18 to 24 feet, 15 loading docks with 6 dock-high doors, and ample grade-level loading options. The property boasts 3-phase, 480-volt, 200-amp electrical service, and ESFR sprinkler systems in the dock-high buildings. The site is conveniently located on Kermier Road in Hockley, TX 77447, and includes a well and septic system. The property sits on approximately 17.95 acres, with additional land available for sale or build-to-suit opportunities. The property is truck accessible and offers ample parking. The low tax rate of 1.928% adds to the investment appeal. Shell completion is anticipated for Q4 2024. This property presents a unique opportunity for businesses seeking a modern, well-equipped manufacturing facility in a strategic location.

Property profile

Verified
Property type Industrial properties
Total area 82,100 SF
Lot 17.95 ac (781,902 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18602 Kermier Rd Hockley, TX 77447
Hockley metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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