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Three-Story Office Building
For Sale
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10304 E I-10 Fwy, Houston, TX 77029

Well-maintained office suites with on-site management and security, positioned for convenient access along I-10 in Houston.

Property Size28,500 SF
Days on Market143

Property Features for 10304 E I-10 Fwy

General Information

Standard status Active
Size 28,500 SF
Class B
Property subtype Office
Lease Term Full Service

Additional Details

Highway Access Yes

Building Details

Building Size 28,500 SF
Year Built 1985
Stories 3

Properties For Sale

at 10304 E I-10 Fwy
Suite 300
Size 8,139 SF
Type Office Building
Term Negotiable
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Listing Agency: Moody Rambin
Listed By: Joel Dalak
Source: Moodyrambin
Added: Jun 2 Changed: Oct 21 Last Checked: Oct 20 at 6:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moody Rambin

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Investment Insights

Based on property information with market context.

Capital Plaza is a well-maintained three-story office building offering office suites that are ready for immediate occupancy. The property includes on-site property management, an on-site security system, and ample parking to support everyday operations and tenant convenience.

Located in a highly visible Northeast Houston setting on the city’s inner loop near I-10, the building sits just east of I-610. Access is straightforward for employees and visitors traveling along I-10, with approximately one mile to I-610 and US Highway 90, five minutes to I-610 and US Highway 90, and six miles to I-69. The site’s prominence along I-10 helps make it easy to find and convenient to reach.

With flexible lease terms and competitively positioned rates, Capital Plaza is well suited for growing businesses and established teams looking for turnkey, move-in-ready office space in a central, commuter-accessible location. Tenants will also benefit from nearby amenities, including Texas Department of Public Safety, Pappasito's Cantina, Saltgrass Steakhouse, and Fitness Connection, supporting both workdays and after-hours needs.

Key Highlights

  • Three‑story office building built in 1985 in Northeast Houston on I‑10 just east of I‑610
  • Convenient access: 1 mile to I‑610 and US Highway 90; about 6 miles to I‑69
  • On‑site property manager and on‑site security system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$332,424
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,648,480 $6.6M
Cap Rate 7%
$4,748,914 $4.7M
Cap Rate 9%
$3,693,600 $3.7M
Market Conditions
NOI Build-Up for 28,500 SF
Gross rent
$615.6K $21.60/SF
− Vacancy
−$172.4K −$6.05/SF
EGI
$443.2K $15.55/SF
− OpEx
−$110.8K −$3.89/SF
NOI
$332.4K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,648,480
Cap Rate 7%
$4,748,914
Cap Rate 9%
$3,693,600

Alternative Uses

Best Use
Office B
$4.75M
$4.16M – $5.54M (±1% cap)
NOI $332,424 @ 7.0% cap · market cap 2,014,690.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.33M
$6.41M – $8.55M (±1% cap)
NOI $513,000 @ 7.0% cap · market cap 3,109,090.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby

Demographics for 77029, TX

17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office suites with on-site management and security, positioned for convenient access along I-10 in Houston.
Where is this office building located?
The property is located at 10304 E I-10 Fwy Houston, TX.
What are key features of this property?
This property features: Three‑story office building built in 1985 in Northeast Houston on I‑10 just east of I‑610; Convenient access: 1 mile to I‑610 and US Highway 90; about 6 miles to I‑69; On‑site property manager and on‑site security system
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