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Investment Highlights

  • High Exposure on Park Place Blvd
  • Close to Hobby Airport, U of H and Downtown
  • Great parking and traffic flow into and around this property
  • Perfect for parking space rental

Executive Summary

Prime commercial opportunity on high-traffic Park Place Blvd just minutes from William P. Hobby Airport and major freeways. This 3,435 SF single-story office building sits on two parcels totaling 14,940 SF, offering excellent visibility and accessibility. The property features multiple office spaces, reception area, and on-site parking. Expansive lot provides strong potential for additional income through rental parking for food trucks, work vehicles, trailers, or storage. Ideal for owner-users or investors seeking value-add or redevelopment opportunity in a busy corridor. Property sold As-Is. Contact candiswarner@kw.com
for details.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,435 SF
Building Class
C
Year Built
1947
Price
$305,000
Price Per SF
$88.79
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,435 SF
Building FAR
0.23
Lot Size
0.35 AC
Zoning
GC - General Commercial - Plenty of parking space and easy access in and out for rental parking space.
Parking
10 Spaces (2.91 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0700710020012
  • 0700710020011
Land Assessment
$89,640
Improvements Assessment
$234,855
Total Assessment
$324,495
  • Listing ID: 38742767

  • Date on Market: 12/11/2025

  • Last Updated:

  • Address: 7642 Park Place Blvd, Houston, TX 77087

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