www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28956238
28956259

4421 Theiss Rd, Humble, TX 77338 For Sale

Panoptic Realty
Listed by Panoptic Realty
Unpriced
215 days on market
Updated 34 days ago

Heavy-Power Industrial + 8 Acres of Yard — 9 Min to IAH

Details
Property Type Industrial
Sub Type Manufacturing, R&D (+1)
Square Footage 12,250
Tenancy Vacant
Year Built 1981
Year Renovated 2000
Buildings 1
Stories 2
Acreage 10.000
Investment Type Owner/User
Ceiling Height 18
Loading Docks 3

Buy Below Replacement Cost + Below Land Market: 12,250 SF + 10 AC | IAH North Houston

Marketing description

This is a two-component offering priced below market on both components. The $2,900,000 list price covers a 12,250 SF industrial building at $150/SF — below the $158.43/SF closed-sale average for comparable Houston industrial properties — and 8 acres of excess land at approximately $2.87/SF ($125,000/acre), compared to market comparables trading at $4.00–$11.00/SF. The combined assessed value of all components is approximately $3,037,500. The seller has pre-negotiated to market: the list price is 4.5% below that combined value and is priced to transact.

The Building — $150/SF, Comp Avg $158.43/SF

The 12,250 SF facility includes 2,000 SF of 2-story office space and is configured as a heavy machine shop. Built in 1981 and renovated in 2000, it features 18' eave height, three grade-level overhead doors (16'×16'), and unrestricted zoning. Eight (8) one-ton jib cranes are in place. Climate-control infrastructure is partially installed and ready for completion. The building sits on 2 improved acres.

At $150/SF, the building is priced at or below every comparable closed sale in the submarket. Nine verified Houston industrial sales between April 2024 and February 2026 traded between $123–$200/SF, with an average of $158.43/SF and a median of $156.37/SF. This is not a blended or diluted number — $150/SF is the building rate, applied to the building alone.

Heavy Power — A Rare, Embedded Asset

The property is served by 1,600 amps at 480 volts via two 3-phase 800-amp services — an electrical infrastructure with a replacement cost of $150,000–$200,000 that is embedded in the ask without separate itemization. For industrial operators, manufacturers, and data-intensive users, this level of power is increasingly scarce and expensive to add in Greater Houston's developing submarkets.

The Land — $2.87/SF, Comp Avg $6.23/SF

Eight acres of excess land are included in the sale at approximately $2.87/SF (~$125,000/acre). Fifteen comparable land sales across the Greater Houston market traded between $3.09–$10.68/SF, with an average of $6.23/SF ($271,000/acre). The subject land is priced at a 54% discount to that average — appropriately reflecting a floodplain development cost adjustment — while still delivering meaningful land value to the buyer. The land is currently agricultural-exempt and can be used for outside storage, equipment staging, fleet parking, future expansion, or potential monetization.

Equipment Included — $200,000 Value

Seller-valued machinery and equipment — including jib cranes and machine shop infrastructure — are included in the $2,900,000 at no additional cost. One transaction acquires the real estate and the operation. If equipment is not desired, seller has alternate methods of disposal available.

Location

Less than 3/4 mile from FM-1960 on the north side of IAH, this property is 9 minutes from the IAH cargo terminal. Airport-adjacent industrial land in this corridor is being aggressively developed and this property is positioned in the high-demand area of that activity.

Ideal Buyer Profiles

  • Owner-User / Operator: Machine shop, fabrication, manufacturing, or heavy-service business seeking immediate occupancy with heavy power, crane coverage, and administrative office
  • Investor: Stable in-place industrial asset with 8 acres of land value upside; lease-up or yard monetization optionality in a growing IAH submarket
  • Developer / Land Buyer: 10-acre IAH-adjacent assemblage with subdivision or phased development potential; unrestricted zoning

Investment highlights

  • 🏗 Building priced below comp average — $150/SF vs. $158.43/SF closed-sale average across 9 Houston industrial transactions

  • 🌊 Land priced 54% below comp average — $2.87/SF vs. $6.23/SF market; 8 acres of optionality included

  • $150K–$200K of electrical infrastructure embedded in ask — 1,600A @ 480V, unpriced separately

  • 🔧 $200,000 of equipment included — one close buys the real estate and the operation

  • 🏗 27% below fully-improved replacement cost — acquiring at ~$150/SF vs. $307–$402/SF to build equivalent new

  • 📍 9 minutes to IAH cargo terminal — actively developing industrial corridor

Listing Contacts

Panoptic Realty
Listed by Panoptic Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591