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10751 Almeda Genoa Rd 528 SF Office Building Houston, TX 77034 $350,000 ($662.88/SF) 6.46% Cap Rate
Investment Highlights
- Heavy Traffic
- Very Nice inside
- Completely Gated
Executive Summary
The building can be used for multiple business purposes. The property is in an excellent location with just two lights away from I-45south/Almeda. The complete property is only 12 months old and was developed by my investment company.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$27,600
|
$52.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$27,600
|
$52.27
|
| Taxes |
$3,800
|
$7.20
|
| Operating Expenses |
$1,200
|
$2.27
|
| Total Expenses |
$5,000
|
$9.47
|
| Net Operating Income |
$22,600
|
$42.80
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $27,600 |
| Annual Per SF | $52.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $27,600 |
| Annual Per SF | $52.27 |
| Taxes | |
|---|---|
| Annual | $3,800 |
| Annual Per SF | $7.20 |
| Operating Expenses | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $2.27 |
| Total Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $9.47 |
| Net Operating Income | |
|---|---|
| Annual | $22,600 |
| Annual Per SF | $42.80 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
528 SF
Building Class
C
Year Built
2024
Price
$350,000
Price Per SF
$662.88
Cap Rate
6.46%
NOI
$22,600
Tenancy
Single
Building Height
1 Story
Typical Floor Size
528 SF
Building FAR
0.09
Lot Size
0.14 AC
Zoning
commercial - Commercial office Space. Auto Dealer
Parking
20 Spaces (37.88 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Wheelchair Accessible
- Central Heating
- Natural Light
- Secure Storage
- Drop Ceiling
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- CAR LOT
- Services
- 528 SF
- -
- Negotiable
- Aug 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| CAR LOT | Services | 528 SF | - | Negotiable | Aug 2026 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1384170010003 | Total Assessment | $127,892 |
| Land Assessment | $24,064 | Annual Taxes | $3,800 ($7.20/SF) |
| Improvements Assessment | $103,828 | Tax Year | 2025 |
Property Taxes
Parcel Number
1384170010003
Land Assessment
$24,064
Improvements Assessment
$103,828
Total Assessment
$127,892
Annual Taxes
$3,800 ($7.20/SF)
Tax Year
2025
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10751 Almeda Genoa Rd
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