Technical
Financial
Distress signals
Property profile

21262 Us Hwy 59 New Caney, TX 77357

OFF-MARKET
Warehouses
Property ID
US83-2473532
5,600 SF 1.37 ac lot Built 1980
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 17,157-square-foot manufacturing facility sits on a 1.35-acre lot at 21262 US Highway 59 in Roman Forest, Texas, zip code 77357. The single-story, Class C building, constructed in 1978, boasts a 12-foot ceiling height. The property features approximately 209 feet of frontage along the Highway 59 feeder road, providing excellent visibility and accessibility. The building includes a reception area, two executive offices, a kitchen/breakroom, and restrooms. The warehouse space is divided into three distinct areas. The first shop area features two 10x8 roll-up doors. The second shop measures 40x120 feet and has four 20x10 roll-up doors. The third shop, at 40x160 feet, offers three 12x10 roll-up doors and one 16x12 roll-up door. An apartment is also included on the property. This prime location offers easy access to Highway 59 and Highway 99 (Grand Parkway), placing it near the Valley Ranch Center, adjacent retail centers, multifamily developments, and established residential areas. The property benefits from New Caney municipal water and sewer services. This high-traffic, high-growth area presents a significant opportunity for businesses seeking a well-equipped manufacturing space with excellent highway visibility. The property's APN is 2169-04-05200.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 5,600 SF
Lot 1.37 ac (59,721 SF)
Zoning code 5
APN 0392-01-01310
UPID US83-2473532

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21262 Us Hwy 59 New Caney, TX 77357-8284
New Caney metro Census 692605 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

Zoning & alternative use

5 · New Caney, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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