18914 Industrial Pkwy New Caney, TX 77357-3507
This exceptional 20,960-square-foot industrial warehouse, located at 18914 E Industrial Parkway, New Caney, TX 77357, is available for sale. The Class B property, built in 2008, sits on a 2.5-acre lot and features two buildings, each one story high. The warehouse boasts 8 dock-high doors, a 30-foot ceiling height, and ample parking for 27 vehicles. The property includes a 9,500-square-foot office/showroom, a 5,000-square-foot climate-controlled warehouse, and a 6,500-square-foot non-climate-controlled warehouse. A significant advantage is the 3,000-square-foot covered pull-through area at the bay doors, providing weather protection during loading and unloading. Currently leased to Snap-on under a NNN lease expiring March 31, 2026 (1.4 years remaining), the asking price is $2,500,000 ($119.27/sq ft). The property's strategic location, 2.3 miles north of Grand Parkway and 3.5 miles west of Hwy 59 in the East Montgomery County Industrial Park, offers easy access for large trucks via two gated drives. The property's APN is 4522-02-00400. This is a prime opportunity in a rapidly growing Houston submarket with limited industrial space availability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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