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14333 Grisby Rd
Houston, TX 77079
Office Property For Sale
Investment Highlights
- Investment property with stable income, delivering a 7.50% cap rate and NOI of $165,000.
- Located in the Energy Corridor with proximity to Interstate 10 and Beltway 8 for superior accessibility.
- Building size of 4,992 SF on 0.41 acres with convenient on-site parking accommodations.
- Located in the Energy Corridor with proximity to Interstate 10 and Beltway 8 for superior accessibility.
- Single-tenant configuration supporting functionality and operational simplicity.
- Surrounded by extensive corporate, retail, and hospitality amenities attracting professional users.
Executive Summary
14333 Grisby Road offers a high-quality, single-story office property situated in Houston’s prestigious Energy Corridor, one of the city’s most dynamic business districts. Built in 2015, the 4,992-square-foot building combines modern design with efficient usability, delivering an attractive investment opportunity in a submarket with sustained economic vitality and strong corporate presence.
This property is currently an investment offering with a tenant in place, presenting an estimated Net Operating Income (NOI) of $165,000 and a favorable 7.50% capitalization rate. Functional features include an open floor layout complemented by private offices, reception area, and collaborative spaces customizable for diverse professional uses. With its 0.41-acre site, the property supports surface parking and accessibility ideal for business operations.
Positioned near major roadways, including Interstate 10 and key Energy Corridor thoroughfares, the location offers convenient access to downtown Houston, suburban neighborhoods, and both regional and international destinations via Houston’s transportation networks. Surrounded by a robust selection of dining, hospitality, and retail amenities, this property stands out as a versatile asset for investors focusing on income stability and location-driven appreciation potential.
This property is currently an investment offering with a tenant in place, presenting an estimated Net Operating Income (NOI) of $165,000 and a favorable 7.50% capitalization rate. Functional features include an open floor layout complemented by private offices, reception area, and collaborative spaces customizable for diverse professional uses. With its 0.41-acre site, the property supports surface parking and accessibility ideal for business operations.
Positioned near major roadways, including Interstate 10 and key Energy Corridor thoroughfares, the location offers convenient access to downtown Houston, suburban neighborhoods, and both regional and international destinations via Houston’s transportation networks. Surrounded by a robust selection of dining, hospitality, and retail amenities, this property stands out as a versatile asset for investors focusing on income stability and location-driven appreciation potential.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,992 SF
Building Class
B
Year Built
2015
Price
$2,200,000
Price Per SF
$440.71
Cap Rate
7.50%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,992 SF
Building FAR
0.28
Lot Size
0.41 AC
Property Taxes
| Parcel Number | 1166950000003 | Improvements Assessment | $795,743 |
| Land Assessment | $450,000 | Total Assessment | $1,245,743 |
Property Taxes
Parcel Number
1166950000003
Land Assessment
$450,000
Improvements Assessment
$795,743
Total Assessment
$1,245,743
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