Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    405 Krenek Rd Crosby, TX 77532

    Property Lookup

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

    405 Krenek Rd Crosby, TX 77532

    View on Map
    • Land
    • 9.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 405 Krenek Rd

    Lot size
    9.20 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 9.2-acre unrestricted commercial and industrial land parcel presents a unique investment opportunity in Crosby, Texas. Located at 405 Krenek Rd, 77532, this property boasts convenient access to major transportation arteries, including a 2-minute proximity to US Highway 90, 10 minutes to Beltway 8, and 20 minutes to Interstate 10. Its strategic location allows for easy access to surrounding communities such as Dayton (15 minutes), Baytown and Channelview (30 minutes), Pasadena and Atascocita (30 minutes), and Beaumont (within an hour). The property is situated outside of the floodplain and features all utilities readily available. Ideal for a new industrial building, storage yard, or other industrial development, this unrestricted land offers significant potential for various commercial and industrial uses. The asking price for this prime property is $750,000. This 9.2-acre site presents a compelling opportunity for businesses seeking a strategic location with excellent accessibility and infrastructure. Harris County location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Crosby
    County
    Harris
    State
    Texas
    Longitude
    -95.0579
    Latitude
    29.8998

    Comparable in this City

    • Value Estimation by Request
      36.40 Acres

      15119 Fm 2100 Rd

      Multifamily properties • 1,585,671 SF
      15119 Fm 2100 Rd, Crosby, TX 77532
      View Details
    • Value Estimation by Request
      0.82 Acres

      Highway 90

      Land • 0.82 Acres
      0 Highway 90, Crosby, TX 77532
      View Details
    • Value Estimation by Request

      Krenek Rd

      Land
      0 Krenek Rd, Crosby, TX 77532
      View Details
    • Value Estimation by Request
      6.06 Acres

      00 Fm 2100 Rd

      Land • 6.06 Acres
      00 Fm 2100 Rd, Crosby, TX 77532
      View Details
    • Value Estimation by Request
      1.47 Acres

      18 Fm 1942 Rd

      Retail properties & Spaces • 1.47 Acres
      18 Fm 1942 Rd, Crosby, TX 77532
      View Details
    • Value Estimation by Request
      9.00 Acres

      22527 Fm 2100 Rd

      Farms • 9.00 Acres
      22527 Fm 2100 Rd, Crosby, TX 77532
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.82 Acres

      Highway 90 Commercial Land Tracts

      Crosby, TX land investment opportunity. High traffic area.
      0 Highway 90, Crosby, TX 77532
      View Details
    • Contact for pricing
      1,585,671 SF

      Unrestricted Acreage in Crosby, TX

      36.402 acres in Crosby MUD with development potential.
      15119 Fm 2100 Rd, Crosby, TX 77532
      View Details
    • Contact for pricing

      Versatile Land with Metal Barn

      Three-acre tract with barn near FM 2100 in Crosby, TX.
      19111 Miller Wilson Rd, Crosby, TX 77532
      View Details
    • Contact for pricing

      High-Traffic Corner Lot for Development

      1.47-acre lot ideal for industrial, restaurant, or retail development.
      18 Fm 1942 Rd, Crosby, TX 77532
      View Details
    • $8,000,000

      55+ Acre Industrial Opportunity

      Expansive industrial property on Ramsey Rd ready for development.
      17302 Ramsey Rd, Crosby, TX 77532
      View Details
    • Contact for pricing

      9 Acres on FM 2100

      9 acre lot with frontage on FM 2100.
      22527 Fm 2100 Rd, Crosby, TX 77532
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Land FM 1942 Frontage

      1.47-acre parcel ideal for industrial, restaurant, or retail development.
      118 Fm 1942 Rd, Crosby, TX 77532
      View Details
    • Contact for pricing

      Retail Space in Crosby, Texas

      Retail space available in a busy strip mall.
      2123 Us-90, Crosby, TX 77532
      View Details
    • Contact for pricing

      Adaptable Commercial Space Available

      Versatile space suitable for restaurant, retail, or ghost kitchen.
      18703 Fm 2100 Rd, Crosby, TX 77532
      View Details
    • Contact for pricing

      Retail Space in Crosby, TX

      Retail space available at a controlled intersection near Newport Subdivision.
      6500 Fm 2100 Rd, Crosby, TX 77532
      View Details
    • Contact for pricing

      Crosby Shopping Center Retail Space

      Retail spaces available in Crosby Shopping Center, Crosby, Texas.
      105 Kennings Rd, Crosby, TX 77532
      View Details
    • Contact for pricing
      4,650 SF

      Crosby Retail Space - 4,650 SF

      Prime Crosby retail end cap, newly renovated.
      13923 Fm 2100 Rd, Crosby, TX 77532
      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.
    405 Krenek Rd
    Crosby, TX 77532
    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

    405 Krenek Rd, Crosby, TX, 77532

    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!