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Fully Leased Flex Space on Half City Block 3915 McKinney St 10,071 SF 100% Leased Flex Building Houston, TX 77023 For Sale 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Corner Location – Frontage on McKinney St, St. Augustine St, and St. Joseph St, offering excellent visibility and access
- Versatile Building Layout – Spacious metal structure suitable for office, retail, warehouse, or service-based operations
- Redevelopment Potential – Ideal for owner-users or investors seeking a corner lot with flexible zoning and long-term upside
- Ample On-Site Parking – Large paved lot with multiple parking spaces ideal for customer or employee use
- High-Traffic Area – Situated near major roads and established neighborhoods, ensuring strong exposure and steady activity
EXECUTIVE SUMMARY
Positioned on a highly visible corner lot fronting McKinney, St. Augustine, and St. Joseph Streets, this versatile commercial property offers exceptional accessibility and exposure. The expansive paved parking area, multiple street frontages, and clear lot layout make it ideal for a wide range of uses — from retail or office conversion to owner-occupied business operations. The large metal building provides flexible interior space suited for warehouse, light industrial, or service-based businesses looking for a convenient in-town location.
Located just minutes from major thoroughfares and surrounded by established residential and commercial development, this property combines strong visibility with everyday convenience. Its corner positioning and generous parking capacity present a rare opportunity for investors or business owners seeking a functional, high-traffic site in one of Houston’s active redevelopment corridors. Whether held for income, repositioned for a new use, or redeveloped entirely, this property delivers solid fundamentals and long-term potential.
Located just minutes from major thoroughfares and surrounded by established residential and commercial development, this property combines strong visibility with everyday convenience. Its corner positioning and generous parking capacity present a rare opportunity for investors or business owners seeking a functional, high-traffic site in one of Houston’s active redevelopment corridors. Whether held for income, repositioned for a new use, or redeveloped entirely, this property delivers solid fundamentals and long-term potential.
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 1974 |
| Property Type | Flex | Parking Ratio | 4.47/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 21’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.70 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 10,071 SF | ||
| Zoning | F1 -- Real, Commercial - F1 -- Real, Commercial | ||
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 0.70 AC |
| Rentable Building Area | 10,071 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 4.47/1,000 SF |
| Clear Ceiling Height | 21’ |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | F1 -- Real, Commercial - F1 -- Real, Commercial |
AMENITIES
- 24 Hour Access
- Bio-Tech/ Lab Space
- Conferencing Facility
- Security System
- Reception
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Beautiful private office/meeting space with private fenced patio. Full bath, wet bar and built-ins, this isn’t your typical soul sucking office. On the contrary - this light and bright space is oozing with good vibes that will keep those creative juices flowing. Easy access and walkable location make this the perfect HQ for your local business.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1 | 672 SF | Office/Medical | Spec Suite | Now |
1st Fl-Ste 1
| Size |
| 672 SF |
| Space Use |
| Office/Medical |
| Condition |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 1
| Size | 672 SF |
| Space Use | Office/Medical |
| Condition | Spec Suite |
| Available | Now |
Beautiful private office/meeting space with private fenced patio. Full bath, wet bar and built-ins, this isn’t your typical soul sucking office. On the contrary - this light and bright space is oozing with good vibes that will keep those creative juices flowing. Easy access and walkable location make this the perfect HQ for your local business.
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 0171070000008 | Improvements Assessment | $353,303 |
| Land Assessment | $225,000 | Total Assessment | $578,303 |
PROPERTY TAXES
Parcel Number
0171070000008
Land Assessment
$225,000
Improvements Assessment
$353,303
Total Assessment
$578,303
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Fully Leased Flex Space on Half City Block | 3915 McKinney St
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