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36847 Richard Frey Rd 7,500 SF Flex Building Hempstead, TX 77445 $1,695,000 ($226/SF)
Investment Highlights
- Flex Upscale Newly built 7,500 sq ft building with Premium Closed cell foam Insulation and 4K sq ft of Concrete Overhang Area
- 2 Wells ( 1 High Output - Rice well ) 20 Acres Total 2 Acres stabilized
- 2 Access Gates for Semi-Trucks. 4 Huge Overhang Doors for Semi-Trucks to access through the building
Executive Summary
-Newly built 7,500 square foot warehouse.
- About 4,000 Sq ft of Huge Overhang Concrete area.
- 3 Phase 1500 Amp power
-1,500 square feet of office on the first floor.
- 1,500 square feet of living space on second floor.
-1.5 acres stabilized
-20 acres total
-Double Semi-Truck access gate
-4 Drive in bays for Semi-Truck Through Access
- Fully insulated with Closed-Cell foam
- 2 Wells ( 1 High Output )
- About 4,000 Sq ft of Huge Overhang Concrete area.
- 3 Phase 1500 Amp power
-1,500 square feet of office on the first floor.
- 1,500 square feet of living space on second floor.
-1.5 acres stabilized
-20 acres total
-Double Semi-Truck access gate
-4 Drive in bays for Semi-Truck Through Access
- Fully insulated with Closed-Cell foam
- 2 Wells ( 1 High Output )
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$11,175
|
$1.49
|
| Operating Expenses |
$9,750
|
$1.30
|
| Total Expenses |
$20,925
|
$2.79
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $11,175 |
| Annual Per SF | $1.49 |
| Operating Expenses | |
|---|---|
| Annual | $9,750 |
| Annual Per SF | $1.30 |
| Total Expenses | |
|---|---|
| Annual | $20,925 |
| Annual Per SF | $2.79 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 6,000 SF
- Industrial
- Full Build-Out
- Now
- 2nd Floor
- 1,500 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 6,000 SF | Industrial | Full Build-Out | Now |
| 2nd Floor | 1,500 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 1,500 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 46167 | Total Assessment | $597,500 |
| Land Assessment | $102,190 | Annual Taxes | $11,175 ($1.49/SF) |
| Improvements Assessment | $495,310 | Tax Year | 2025 |
Property Taxes
Parcel Number
46167
Land Assessment
$102,190
Improvements Assessment
$495,310
Total Assessment
$597,500
Annual Taxes
$11,175 ($1.49/SF)
Tax Year
2025
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36847 Richard Frey Rd