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5008 Locust St 2,100 SF Office Building Bellaire, TX 77401 $1,100,000 ($523.81/SF) 7% Cap Rate
Investment Highlights
- Attached 2 car garage with gated access on South Rice Ave. with up to 10 potential additional parking spaces.
- +/- 8,100 square feet large size cornet lot on a major street with high traffic count.
- The building has never flooded and recently renovated with above standard finishes.
- +/- 2,100 square feet professional office space in a 2 story building.
- Circle driveway with access from both South Rice Avenue and Locust St. 135 feet frontage on S Rice Ave. and 60 feet frontage on Locust St.
Executive Summary
Premier Office Opportunity | 5008 Locust St, Bellaire, TX. Situated in the heart of the prestigious City of Bellaire, 5008 Locust Street offers a rare chance to own a standalone professional building in one of Houston's most stable and affluent submarkets. Known as the "City of Homes," Bellaire provides a high-end corporate image with unmatched accessibility to the Texas Medical Center, the Galleria, and Downtown Houston.
Some of the Property Highlights are:
Prime Connectivity: Immediate access to I-610 (West Loop), US-59 (I-69), and the Westpark Tollway.
Move-In Ready: Meticulously maintained professional interior featuring a mix of executive private offices, reception areas, and collaborative workspaces.
Private Parking: Dedicated on-site parking lot—a premium asset in the Bellaire area.
High-End Finishes: Modern lighting, durable flooring, and upgraded HVAC systems designed for immediate occupancy.
Versatile Use: Ideal for medical specialists, law firms, financial advisors, or boutique creative agencies.
From an investment point, owning at 5008 Locust allows you to build equity in a "land-locked" market with high barriers to entry and historically resilient property values. Perfect for an owner-user looking to escape rising rents or an investor seeking a blue-chip asset in a high-demand zip code.
Call 713.962.0355 to schedule Your Private Tour Today. Don't miss this opportunity to secure a flagship location for your business.
Some of the Property Highlights are:
Prime Connectivity: Immediate access to I-610 (West Loop), US-59 (I-69), and the Westpark Tollway.
Move-In Ready: Meticulously maintained professional interior featuring a mix of executive private offices, reception areas, and collaborative workspaces.
Private Parking: Dedicated on-site parking lot—a premium asset in the Bellaire area.
High-End Finishes: Modern lighting, durable flooring, and upgraded HVAC systems designed for immediate occupancy.
Versatile Use: Ideal for medical specialists, law firms, financial advisors, or boutique creative agencies.
From an investment point, owning at 5008 Locust allows you to build equity in a "land-locked" market with high barriers to entry and historically resilient property values. Perfect for an owner-user looking to escape rising rents or an investor seeking a blue-chip asset in a high-demand zip code.
Call 713.962.0355 to schedule Your Private Tour Today. Don't miss this opportunity to secure a flagship location for your business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,100 SF
Building Class
B
Year Built
1981
Price
$1,100,000
Price Per SF
$523.81
Cap Rate
7%
NOI
$77,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,050 SF
Building FAR
0.26
Lot Size
0.19 AC
Zoning
N/A - N/A
Amenities
- 24 Hour Access
- Fenced Lot
- Monument Signage
- Air Conditioning
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Walk Score®
Walker's Paradise (91)
Property Taxes
| Parcel Number | 0070460230011 | Improvements Assessment | $208,324 |
| Land Assessment | $365,925 | Total Assessment | $574,249 |
Property Taxes
Parcel Number
0070460230011
Land Assessment
$365,925
Improvements Assessment
$208,324
Total Assessment
$574,249
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5008 Locust St
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