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Investment Highlights

  • Two Buildings. One Price.
  • 7.75% Potential Market CAP Rate
  • -30% Discount to Appraised Value
  • Location & Accessibility
  • Immediate Equity

Executive Summary

Kevin Riles Commercial is pleased to present a rare Houston market offer that gives a buyer the chance to acquire a fully functional, two-building office campus in the heart of the Central Business District at a price 30% below a current, certified appraisal—2525 San Jacinto Street.
This is a motivated seller transaction — an exceptional chance to acquire over $2M in appraised equity at closing. The seller is ready to move and the pricing reflects that
urgency. Contact the listing broker for pricing details and financial package.
PROPERTY OVERVIEW
Situated on the northeast corner of San Jacinto Street and McGowen Street, this well-established office campus comprises two two-story buildings totaling 34,900 gross
square feet on 0.83 acres (36,250 SF) — a corner parcel in one of Houston's most accessible and established urban neighborhoods.
Building 1 — Newer Construction (2017) 19,500 SF | Two-story | Masonry with Brick Façade A modern, purpose-built facility delivering contemporary office functionality in a proven downtown location.
Building 2 — Legacy Building (1956) 15,400 SF | Two-story | Masonry with Brick Façade A classic, solid-construction building with strong bones and significant adaptive reuse potential.
Both buildings feature masonry construction, reinforced concrete foundations, HVAC throughout, paved parking areas, and perimeter fencing — a true campus environment rarely found inside the Loop at any price point.
LOCATION & ACCESSIBILITY
2525 San Jacinto sits within the Midtown submarket — consistently ranked among Houston's top five office submarkets by average rents, with asking rates of $32/SF gross and select properties commanding $50/SF or higher.
The property benefits from:
* METRORail access — Houston's light rail runs directly through Midtown
* Immediate proximity to I-45, US-59, and I-10 — among Houston's primary arterials
* Minutes from Downtown Houston's core — Fortune 500 headquarters, Harris County courts, federal offices, and major medical institutions
* Walkability to 180+ restaurants, bars, and services in the Midtown neighborhood
* No zoning restrictions — Houston's absence of formal zoning allows maximum use flexibility for the right operator
The independent appraisal identified the most probable buyer as an owner-user —this is a campus to occupy and call home.
Note:
Opportunities to acquire a certified, appraised asset at a 30% discount in an established Houston submarket are not recurring events. This is a time-sensitive offering from a motivated seller. Priced for speed. Built for legacy. Call the broker to learn more.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1956/2017
Cap Rate
7.75%
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
0.35
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
None
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
1382970010001
Land Assessment
$2,356,315
Improvements Assessment
$682,467
Total Assessment
$3,038,782
  • Listing ID: 40584225

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 2525 San Jacinto St, Houston, TX 77002

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