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5135 Edloe St 3,240 SF Vacant Office Building Houston, TX 77005 $1,000,000 ($308.64/SF)
Investment Highlights
- Greenway Plaza Texas Medical Center West University
- Medical Office Legal Office Showroom
Executive Summary
Perfectly positioned between Greenway Plaza, the Galleria, Rice University, TMC, and major access points like Hwy 59 and I-610. Incredible RARE commercial or live/work opportunity in 77005 with this 7,500 SF lot / 3,250 SF building located in the highly sought-after West University area! This versatile property features a mixed-use building with a professional office on the first floor (currently an audiology practice) + two office or residential units upstairs—ideal for rental income or live/work flexibility (see floor plan). The property holds a current Certificate of Occupancy, and offers exciting redevelopment potential. With ample space, explore perhaps going vertical with a condo, office, or apartment project (buyer to verify). Addtl highlights include a two-car garage and potential parking for a total of 8–10 spaces (including one handicap spot), and outstanding visibility in one of Houston’s most desirable areas. Don’t miss this rare opportunity to own, occupy, and/or develop.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,240 SF
Building Class
B
Year Built/Renovated
1950/2000
Price
$1,000,000
Price Per SF
$308.64
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,620 SF
Building FAR
0.44
Lot Size
0.17 AC
Parking
5 Spaces (1.54 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0751750010008 | Improvements Assessment | $112,031 |
| Land Assessment | $750,000 | Total Assessment | $862,031 |
Property Taxes
Parcel Number
0751750010008
Land Assessment
$750,000
Improvements Assessment
$112,031
Total Assessment
$862,031
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5135 Edloe St
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