Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    12450 State Hwy Webster, TX 77598

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12450 State Hwy Webster, TX 77598

    View on Map
    • Warehouses
    • 7,500 SF
    • 0.35 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 12450 State Hwy

    Year built
    1980
    Lot size
    0.35 lot acres
    Property size
    7,500 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This 1,463-square-foot flex warehouse space, located at 12450 State Hwy 3 in Webster, Texas, is part of a larger 7,500-square-foot building constructed in 1980. The single-story building sits on a 0.35-acre lot in Harris County (APN: 0451060000091) and offers excellent visibility and accessibility, situated directly across from Ellington Air Force Base. The space features two small offices, an open work area, and a 12x10 overhead door, ideal for businesses requiring easy equipment access. A lay yard in the back is potentially available for additional storage or workspace expansion. The unit is climate-controlled and part of a multi-tenant building with 27 total parking spaces. The lease is full-service, with tenants only responsible for internet and trash. This property is zoned for industrial use and offers a convenient location for businesses needing functionality and accessibility. The minimum divisible space is 1,463 square feet, which is also the maximum contiguous space currently available. The total building size is 7,500 square feet. This space is ready for immediate occupancy and presents a prime opportunity for a variety of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Webster
    County
    Harris
    State
    Texas
    Longitude
    -95.1703
    Latitude
    29.5929

    Comparable in this City

    • Value Estimation by Request
      3,750 SF

      12450 Galveston Rd

      Distribution properties • 3,750 SF
      12450 Galveston Rd, Webster, TX 77598
      View Details
    • Value Estimation by Request
      131,185 SF

      15502 State Hwy

      Distribution properties • 131,185 SF
      15502 State Hwy, Webster, TX 77598
      View Details
    • Value Estimation by Request
      32,000 SF

      12130 Galveston Rd

      Distribution properties • 32,000 SF
      12130 Galveston Rd, Webster, TX 77598
      View Details
    • Value Estimation
      $765,000
      25,545 SF

      333 Tristar Dr

      DISTRIBUTION WAREHOUSE • 25,545 SF
      333 Tristar Dr, Webster, TX 77598-1527
      View Details
    • Value Estimation
      $1,085,000
      43,888 SF

      950 Tristar Dr

      DISTRIBUTION WAREHOUSE • 43,888 SF
      950 Tristar Dr, Webster, TX 77598-1515
      View Details
    • Value Estimation
      $910,000
      46,055 SF

      17080 Ml Frst Rd

      DISTRIBUTION WAREHOUSE • 46,055 SF
      17080 Ml Frst Rd, Webster, TX 77598-4303
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,284 SF

      Flex Building with Office/Warehouse Space

      Single tenant flex building with office and warehouse components.
      910 Bay Star Blvd, Webster, TX 77598
      View Details
    • $1,100,000
      5,200 SF

      Office/Warehouse Investment Near Ellington Field

      5,200 SF office/warehouse across from Ellington Field.
      12440 Old Galveston Rd, Webster, TX 77598
      View Details
    • Contact for pricing
      6,047 SF

      Webster Nightclub with Outdoor Seating

      Fully operational nightclub with kitchen, bars, dancefloor, and outdoor seating.
      17886 State Highway, Webster, TX 77598
      View Details
    • Contact for pricing
      4,500 SF

      Webster Office Space For Sale

      4,500 sqft office space available in Webster, Texas.
      521 Orchard St, Webster, TX 77598
      View Details
    • $1,241,460

      Webster Commercial Land Hard Corner

      1.4 acre commercial land in Webster, near amenities.
      Kobayashi, Webster, TX 77598
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Clear Lake Flex Space Available

      3,266 SF flex space in the heart of Clear Lake.
      402 West Nasa Rd 1, Webster, TX 77598
      View Details
    • Contact for pricing

      Webster Flex/Industrial/Office Space Available

      Flex, industrial, and office spaces for lease in Webster, TX.
      310 Genesis Blvd, Webster, TX 77598
      View Details
    • Contact for pricing

      New Flex Building in Webster

      Newly constructed flex space available for rent in Webster, Texas.
      1419 Atlantis Dr, Webster, TX 77598
      View Details
    • Contact for pricing

      Cleared Land Across Ellington AFB

      1.83 acres of cleared land for lease near Ellington AFB.
      Galveston Rd, Webster, TX 77598
      View Details
    • Contact for pricing

      Retail Space on Gulf Freeway

      Retail space with high visibility and convenient access.
      20700 Gulf Fwy, Webster, TX 77598
      View Details
    • Contact for pricing

      Clear Lake Area Retail Center

      Specialty retail center in a high-traffic location.
      160 W Bay Area Blvd, Webster, TX 77598
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12450 State Hwy
    Webster, TX 77598
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12450 State Hwy, Webster, TX, 77598
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!