0 Stuebner Airline Rd Spring, TX 77379
This exceptional 7,308-square-foot flex industrial building represents a prime investment opportunity in Spring, Texas. Located at 0 Steubner Airline Rd, this single-story, Class B property boasts a desirable location with excellent access to major transportation arteries including the Grand Parkway and Highway 249. Completed in 2024, the building features a spacious 18-foot ceiling height (29 feet to the ridge), two 20' x 14' grade-level doors, and three-phase power, making it ideal for a variety of uses. The 0.8-acre lot provides ample space, including 49 parking spaces (including two handicap-accessible spaces). Currently vacant, with an occupancy date of August 14, 2024, this property offers immediate potential for owner-occupancy or investment. The building includes 1,200-2,000 square feet of climate-controlled office/retail flex space, with build-out available upon request. The property is situated in the rapidly growing North Freeway/Tomball Parkway submarket of Harris County, benefiting from significant population growth and robust industrial development. The asking price is $1,150,000, representing a price per square foot of $157.36 and a pro-forma cap rate of 9.53%. The property is offered fee simple and has a Harris County APN of 1456060010001 (to be subdivided
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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