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Investment Highlights

  • Heart of Clear Lake City area. High traffic counts from Bay Area Blvd. Plenty parking space, Easy access,

Financial Summary (Pro Forma - 2025)

Annual Annual Per SF
Gross Rental Income $76,200 $18.68
Other Income - -
Vacancy Loss $11,208 $2.75
Effective Gross Income $64,992 $15.93
Taxes $10,300 $2.52
Operating Expenses $300 $0.07
Total Expenses $10,600 $2.60
Net Operating Income $54,392 $13.33

Financial Summary (Pro Forma - 2025)

Gross Rental Income
Annual $76,200
Annual Per SF $18.68
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $11,208
Annual Per SF $2.75
Effective Gross Income
Annual $64,992
Annual Per SF $15.93
Taxes
Annual $10,300
Annual Per SF $2.52
Operating Expenses
Annual $300
Annual Per SF $0.07
Total Expenses
Annual $10,600
Annual Per SF $2.60
Net Operating Income
Annual $54,392
Annual Per SF $13.33

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,342 SF
Building Class
C
Year Built
1978
Price
$838,000
Price Per SF
$193.00
Percent Leased
49%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,342 SF
Building FAR
0.29
Lot Size
0.34 AC
Zoning
N/A - Commercial
Parking
20 Spaces (4.61 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Metro/Subway
  • Signage
  • Central Heating
  • Wi-Fi
  • Hardwood Floors
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste c
  • 2,066 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Fl-Ste c 2,066 SF Office Full Build-Out Now

1st Fl-Ste c

Size
2,066 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0990500000006
Land Assessment
$512,400
Improvements Assessment
$266,026
Total Assessment
$778,426
Annual Taxes
$10,300 ($2.37/SF)
Tax Year
2025
  • Listing ID: 33674493

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 907 Bay Area Blvd, Houston, TX 77058

Contact the Sale Advisor

907 Bay Area Blvd

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