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523 N Sam Houston Pky E
Houston, TX 77060
Auction - 80,334 SF Houston Office · Office Property For Sale
Investment Highlights
- STARTING BID $500,000 | 80,334 SF Houston Office | Out of State Owner | AUCTION MARCH 25-27, 2024
- Near-Term Value Add Potential with Small Suite Sizes Readily Available to Private Professionals
- Active Submarket with ±1,500 Multifamily Units Under Construction within 7.5-Mile Radius, the Asset is Poised to Benefit from Continuous Growth
- ±80,334 SF, Six-Story, Multi-Tenant Office Building with Covered Parking in Houston Located Just 10 Minutes from Airport
- Positioned on a ±2.63 AC Parcel along Sam Houston Tollway (±159K VPD) and Near Intersection with Hardy Toll Road (±62K VPD)
- Located Within a Densely Populated Area That Services ±84,600 Individuals in a 3-Mile Radius and ±245,261 Individuals in a 5-Mile Radius with an AHHI
Property Facts
Property Type
Office
Building Size
80,334 SF
Building Class
B
Year Built/Renovated
1979/1999
Percent Leased
Vacant
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
13,389 SF
Building FAR
0.70
Lot Size
2.63 AC
Parking
230 Spaces (2.86 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Property Manager on Site
- Security System
- Signage
Property Taxes
| Parcel Number | 1089490000006 | Improvements Assessment | $661,500 |
| Land Assessment | $688,500 | Total Assessment | $1,350,000 |
Property Taxes
Parcel Number
1089490000006
Land Assessment
$688,500
Improvements Assessment
$661,500
Total Assessment
$1,350,000
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