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Property profile & analytics
FOR LEASE
Flex space

28215 Vallie St Pinehurst, TX 77362

24,300 SF 1 ac lot Built 2023
Entity Owned 1-yr Hold
Property ID
US83-2427144
Property summary
AI-generated overview

This exceptional 24,300-square-foot industrial flex space, built in 2023, is situated on a one-acre lot at 28215 Vallie Street, Pinehurst, TX 77362. Currently 100% occupied, generating a net operating income (NOI) of $279,625 and boasting a 7.77% cap rate, this property presents a compelling investment opportunity. The asking price is $3,600,000, translating to $148.15 per square foot. The property features a flexible floor plan, easily adaptable to various business needs. Its prime location offers convenient access via Highway 249's feeder road, experiencing over 33,000 vehicles per day. The building boasts modern amenities and brand-new office space. This thriving area anticipates a population increase exceeding 10% within the next three years. Furthermore, the property benefits from a dense retail corridor, with nearby establishments including Target, Walgreens, Starbucks, Chick-fil-A, Sonic, Popeyes, Exxon, and McDonald's, providing significant visibility and customer convenience. Prominent signage opportunities further enhance the property's appeal. This single-tenant property is a turnkey investment in a rapidly growing Texas market.

Property profile
Verified
Property type Flex space
Year built 2023
Total area 24,300 SF
Lot 1 ac (43,560 SF)
UPID US83-2427144
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ace FX Tech Foreign Trade Consultant
  • Business Center Warehouse & Storage
  • ROYH Roofing & Construction Construction Company
  • The Truck Trunk Auto Parts Store
  • DMZ Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Pinehurst 249 LLC · 1 yrs held
Pinehurst 249 LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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