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3131 W Alabama 3131 W Alabama St 56,680 SF 100% Leased Office Building Houston, TX 77098 For Sale

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INVESTMENT HIGHLIGHTS

  • EXCEPTIONAL REDEVELOPMENT OR OWNER-OCCUPIER OPPORTUNITY
  • Updated common areas, including ADA restrooms
  • Direct access from tenant parking to tenant office suites

EXECUTIVE SUMMARY

Property encompasses city block of 50,000 SF.
Signalized hard corner at W. Alabama Street and Eastside Drive.
Superior demographics within one (1) mile radius –
• +31% of population 50+ years old,
• +22% of population have HH income +$200,000, and,
• +40% of housing value +$1,000,000.
Building delivered vacant, on or about August 31, 2026.
Existing back-up generator with electrical infrastructure to support
additional back-up generators.
Certificate of occupancy in place for possible owner / occupier
Above standard cooling capacity of 270 Tons or 4.82 tons : 1,000 SF

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
56,680 SF
Building Class
B
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
11,851 SF
Slab To Slab
11’
Building FAR
1.13
Lot Size
1.15 AC
Parking
250 Spaces (3.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Property Manager on Site
  • Security System

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -
  • -

Dean & Draper is a Trusted Choice insurance agency representing over 200 insurance companies. For over 30 years we have offered a trusted freedom of choice to their clients. They will design a personal insurance or commercial insurance program to fit your family or your business needs. They have a wide range of employee benefits for any small or large business. They offer the best programs at the best price.

  • Services
  • -
  • $21.00
  • Modified Gross
  • Mar 2018

Legacy Funeral Group is a privately held funeral services company headquartered in Houston, Texas. Founded in 1998 by Michael Soper, the organization provides funeral home and cemetery management solutions across the United States. Legacy operates more than 100 funeral homes and cemeteries in states including Texas, Florida, Alabama, Louisiana, New Mexico, Oklahoma, Kansas, and Nevada. The company offers a full range of services, including funeral planning, cremation, burial, preneed arrangements, and grief support. Legacy Funeral Group emphasizes personalized care and community involvement while supporting local funeral homes with operational expertise and resources. Through strategic acquisitions and partnerships, the company has become one of the fastest-growing providers in the death-care industry.

  • Penthouse Dental
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - - - -
Services - $21.00 Modified Gross Mar 2018
Penthouse Dental Health Care and Social Assistance - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 11,200 SF
  • Office
  • Full Build-Out
  • Jun 2026
  • 2nd Fl-Ste 200
  • 11,583 SF
  • Office
  • Full Build-Out
  • Jun 2026
  • 3rd Fl-Ste 300
  • 11,200 SF
  • Office
  • Full Build-Out
  • Jun 2026
  • 4th Fl-Ste 400
  • 11,397 SF
  • Office
  • Full Build-Out
  • Jun 2026
  • 5th Fl-Ste 500
  • 11,397 SF
  • Office
  • Full Build-Out
  • Jun 2026
Space Size Space Use Condition Available
1st Fl-Ste 100 11,200 SF Office Full Build-Out Jun 2026
2nd Fl-Ste 200 11,583 SF Office Full Build-Out Jun 2026
3rd Fl-Ste 300 11,200 SF Office Full Build-Out Jun 2026
4th Fl-Ste 400 11,397 SF Office Full Build-Out Jun 2026
5th Fl-Ste 500 11,397 SF Office Full Build-Out Jun 2026

1st Fl-Ste 100

Size
11,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Jun 2026

2nd Fl-Ste 200

Size
11,583 SF
Space Use
Office
Condition
Full Build-Out
Available
Jun 2026

3rd Fl-Ste 300

Size
11,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Jun 2026

4th Fl-Ste 400

Size
11,397 SF
Space Use
Office
Condition
Full Build-Out
Available
Jun 2026

5th Fl-Ste 500

Size
11,397 SF
Space Use
Office
Condition
Full Build-Out
Available
Jun 2026

1st Fl-Ste 100

Size 11,200 SF
Space Use Office
Condition Full Build-Out
Available Jun 2026

Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0102580070001
Land Assessment
$3,750,000
Improvements Assessment
$1,770,393
Total Assessment
$5,520,393
  • Listing ID: 37347452

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 3131 W Alabama St, Houston, TX 77098

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