Office Condo Suite with Natural
10401 Mason Rd Richmond, TX 77406
10401 Mason Rd, Richmond, TX, 77406
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For Sale
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Interior office suite with four private offices, reception, break/lounge area, and restroom, featuring large exterior windows.
Property Size1,225 SF
Price / SF$314.29
Days on Market91
Property Features for 10401 Mason Rd
General Information
- Standard status
- Active
- Size
- 1,225 SF
- Property subtype
- Office
Building Details
- Year Built
- 2019
Listing agency
PAT NAVARETTE
Listed by
Mike Navarette - CCIM · License #TX #697577
Source
Crexi
Added: Apr 22 Updated: Jul 20 at 8:08PM Checked: Jul 21 at 4:35AM
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 PAT NAVARETTE
Investment Insights
Based on property information with market context.
Suite B-205 is a 1,225 SF office condo located in Building B at The Offices at Mason Landing. The space includes four oversized private offices, a reception area, break/lounge, a storage/IT closet, and one restroom. A central corridor provides direct access to each office and separates client-facing areas from internal workspace.
Despite being an interior unit, the suite benefits from strong natural light through three offices with large exterior windows, transom openings, and a glass storefront entry. Interior improvements include tile flooring throughout, 8’ solid-core doors, crown molding, recessed lighting, and a break area with custom-built cabinetry and granite countertops, with space for a full-size refrigerator. The suite is prewired for data and phone, with connections routed to a dedicated IT/storage closet.
The building was constructed in 2019 and includes spray foam insulation, double-pane Low-E windows, and a 14.5 SEER HVAC system. The Offices at Mason Landing is a professionally developed, condo-style office community along the Mason Road corridor, offering multiple smaller buildings with direct, front-door access to each unit and ample open parking for occupants. A shared community conference room is available to occupants, and the property is managed by a professional association maintaining landscaping and common areas.
Despite being an interior unit, the suite benefits from strong natural light through three offices with large exterior windows, transom openings, and a glass storefront entry. Interior improvements include tile flooring throughout, 8’ solid-core doors, crown molding, recessed lighting, and a break area with custom-built cabinetry and granite countertops, with space for a full-size refrigerator. The suite is prewired for data and phone, with connections routed to a dedicated IT/storage closet.
The building was constructed in 2019 and includes spray foam insulation, double-pane Low-E windows, and a 14.5 SEER HVAC system. The Offices at Mason Landing is a professionally developed, condo-style office community along the Mason Road corridor, offering multiple smaller buildings with direct, front-door access to each unit and ample open parking for occupants. A shared community conference room is available to occupants, and the property is managed by a professional association maintaining landscaping and common areas.
Key Highlights
- 1,225 SF office condo (B‑205) in Building B at The Offices at Mason Landing, built in 2019
- Suite layout includes four oversized private offices, reception, break/lounge area, storage/IT closet, and one restroom
- Interior suite with strong natural light through three offices with large exterior windows, transom openings, and a glass storefront entry
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $25.56 |
| − Vacancy | −$8.6k | −$7.00 |
| EGI | $22.7k | $18.56 |
| − OpEx | −$5.7k | −$4.64 |
| NOI | $17.0k | $13.92 |
1,225 SF · lease $25.56/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$243.6K
$213.1K – $284.2K
NOI $17,049 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.26M
$13.35M – $17.80M
NOI $1,068,235 @ 7.0% cap · market cap 277.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
FYZICAL Therapy and Balance ...
Medical Clinic
Kelley Drive2U 77406 ...
Law Firm
Skhindu Esthetics & Wellness ...
Alternative Medicine Practice
Trudy Spa Studio
Hair Salon
Body Recharge IV ...
Gym & Fitness Center
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FAQs
What type of property is this?
Office units - Interior office suite with four private offices, reception, break/lounge area, and restroom, featuring large exterior windows.
Where is this office units located?
The property is located at 10401 Mason Rd Richmond, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,225 SF office condo (B‑205) in Building B at The Offices at Mason Landing, built in 2019; Suite layout includes four oversized private offices, reception, break/lounge area, storage/IT closet, and one restroom; Interior suite with strong natural light through three offices with large exterior windows, transom openings, and a glass storefront entry
