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2918 San Jacinto St
Houston, TX 77004
Office Property For Sale
Executive Summary
Rare Midtown Houston owner-user opportunity consisting of a ±16,436 SF two-story office/medical building situated on ±0.52 acres (two parcels), including a separate auxiliary parking lot across the street.
The property is currently vacant and offers immediate occupancy. Ideal for medical users, professional office groups, nonprofits, educational operators, or investors seeking a land-backed repositioning opportunity.
Key attributes include:
• Approx. 100 gated surface parking spaces (rare for Midtown)
• Separate auxiliary parking parcel included in sale
• City of Houston – No Zoning
• Located within a designated Opportunity Zone
• Strong access to Downtown, Texas Medical Center, and major corridors
The building is a 1985 construction and is being offered as-is. Roof replacement and elevator modernization should be anticipated and are reflected in pricing.
This offering presents a compelling basis at approximately $158/SF, well below replacement cost for Midtown development, while providing flexibility for renovation, occupancy, lease-up, or future redevelopment.
Ownership prefers qualified, well-capitalized buyers.
The property is currently vacant and offers immediate occupancy. Ideal for medical users, professional office groups, nonprofits, educational operators, or investors seeking a land-backed repositioning opportunity.
Key attributes include:
• Approx. 100 gated surface parking spaces (rare for Midtown)
• Separate auxiliary parking parcel included in sale
• City of Houston – No Zoning
• Located within a designated Opportunity Zone
• Strong access to Downtown, Texas Medical Center, and major corridors
The building is a 1985 construction and is being offered as-is. Roof replacement and elevator modernization should be anticipated and are reflected in pricing.
This offering presents a compelling basis at approximately $158/SF, well below replacement cost for Midtown development, while providing flexibility for renovation, occupancy, lease-up, or future redevelopment.
Ownership prefers qualified, well-capitalized buyers.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
16,436 SF
Building Class
C
Year Built
1985
Price
$2,600,000
Price Per SF
$158.19
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,936 SF
Slab To Slab
10’
Building FAR
0.73
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
N/Ap, Houston - NO ZONING
Parking
100 Spaces (6.08 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 0191450000001 | Improvements Assessment | $1,132,398 |
| Land Assessment | $1,687,500 | Total Assessment | $2,819,898 |
Property Taxes
Parcel Number
0191450000001
Land Assessment
$1,687,500
Improvements Assessment
$1,132,398
Total Assessment
$2,819,898
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