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    Property profile & analytics

    19363 Fm 1485 Rd New Caney, TX 77357

    • Manufacturing properties
    • 3,600 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2501189
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 19363 Fm 1485 Rd

    Year built
    1985
    Property size
    3,600 SF
    Property type
    Manufacturing properties
    Property subtype
    Flex space

    Description

    This exceptional 3,600-square-foot industrial building, situated on a spacious 20,000-square-foot lot in New Caney, Texas, presents a compelling owner-user opportunity. Located on FM 1485, just before Gene Campbell, this Class C property boasts a prime location and underwent a complete renovation in 2022. The building features a new metal exterior with 3-inch ceiling insulation and 2-inch wall insulation, ensuring optimal energy efficiency. The electrical system has been entirely upgraded to a robust 400-amp, 240-volt, 3-phase power supply. Comfort is ensured with multiple new mini-split HVAC units (two 3600 BTU and three 9000 BTU units). Modernization extends to all-new LED lighting both inside and outside the building, along with a completely new plumbing system. The property also includes an asphalt parking lot and a covered entry/walkway. Built in 1985, this single-story structure offers a blend of functionality and modern amenities. The asking price is $609,000, translating to $169.17 per square foot. The land value alone is $33.75 per square foot. This versatile flex/manufacturing space is ideal for a variety of businesses seeking a well-maintained and updated facility in a convenient location. The property is zoned for industrial use within Montgomery County, Texas, and has a 77357 zip code.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    New Caney
    County
    Montgomery
    State
    Texas
    Longitude
    -95.233716559195
    Latitude
    30.165594155233

    Comparable in this City

    • $849,000
      5,000 SF

      New Caney Industrial Flex Space

      1.8-Acre Flex Warehouse, Great Location
      24090 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $799,000
      5,000 SF

      Commercial Space with Warehouse

      1.8-Ac commercial space with 5,000 SF warehouse.
      24090 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $895,000
      12,080 SF

      Industrial Building with Office Space

      9,200 SF industrial building with 2,880 SF office space.
      20820 Loop 494, New Caney, TX 77357
      View Details
    • $450,000
      6.26 Acres

      New Caney 6.26-Acre Multi-Use Property

      6.26 acres, unrestricted, near Grand Parkway.
      20025 Heights Blvd, New Caney, TX 77357
      View Details
    • $545,000

      Spacious Corner Property For Sale

      High-visibility corner property with existing buildings and expansion potential.
      27952 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $525,000
      1,740 SF

      New Caney Industrial Property

      Industrial property available for sale in New Caney, Texas.
      21273 Penny St, New Caney, TX 77357
      View Details

    Similar Nearby for Sale

    • $849,000
      5,000 SF

      New Caney Industrial Flex Space

      1.8-Acre Flex Warehouse, Great Location
      24090 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $799,000
      5,000 SF

      Commercial Space with Warehouse

      1.8-Ac commercial space with 5,000 SF warehouse.
      24090 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $895,000
      12,080 SF

      Industrial Building with Office Space

      9,200 SF industrial building with 2,880 SF office space.
      20820 Loop 494, New Caney, TX 77357
      View Details
    • $450,000
      6.26 Acres

      New Caney 6.26-Acre Multi-Use Property

      6.26 acres, unrestricted, near Grand Parkway.
      20025 Heights Blvd, New Caney, TX 77357
      View Details
    • $545,000

      Spacious Corner Property For Sale

      High-visibility corner property with existing buildings and expansion potential.
      27952 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $525,000
      1,740 SF

      New Caney Industrial Property

      Industrial property available for sale in New Caney, Texas.
      21273 Penny St, New Caney, TX 77357
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,100 SF

      Retail Space in New Caney

      Retail, office, or restaurant space in a prime location.
      22480-22580 Community Dr, New Caney, TX 77357
      View Details
    • Contact for pricing
      8,050 SF

      Caney Crossing Retail Spaces

      New Caney, TX Retail Opportunity
      20172 Us Highway 59, New Caney, TX 77357
      View Details
    • $15 SF/Yr
      57,342 SF

      Community Hardware Shopping Center

      New Caney Retail Space Available
      22475 Community Dr, New Caney, TX 77357
      View Details
    • Contact for pricing
      1 SF

      Speed Street Pad Site: Prime Location

      1.3-Acre Commercial Land, New Caney, TX
      23050 Speed St, New Caney, TX 77357
      View Details
    • Contact for pricing

      Land Available on FM 1485

      1.474 acres for ground lease or build-to-suit opportunity.
      18546 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • Contact for pricing

      25-Acre Commercial Land, New Caney

      Unrestricted land, ideal for development.
      150 Plum Grv Rd, Roman Forest, TX 77357
      View Details
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    New Caney, TX 77357
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    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
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