Office Building for Corporate
For Sale
Contact for pricing
10450 Stancliff Rd, Houston, TX 77099
For sale office property tied to a global analytical and testing services organization.
Property Size51,246 SF
Price / SF$167.43
Days on Market52
Property Features for 10450 Stancliff Rd
General Information
Standard status
Active
Size
51,246 SF
Property subtype
Industrial, Special Purpose
Lease Type
NN
Net Operating Income
$779,657
Building Details
Year Built
1984
Year Renovated
2017
Buildings
2
Tenancy
Single
Listing Agency:
STRIVE Commercial Real Estate Advisors
Listed By:
Jennifer Pierson · License #424317-B
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 12 at 10:33AM
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 STRIVE Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This for-sale office building is associated with ALS Group USA, Corp, a subsidiary of ALS Limited, an international analytical and testing services provider. The company supports global operations across multiple industries, including mining, natural resources, environmental, food, pharmaceutical, industrial, and inspection services. ALS Limited is identified as an ASX100 company with broad worldwide operations and a large network of sites.
The property is located at 10450 Stancliff Rd, Houston, TX 77099. The available materials focus on the business background of ALS and do not provide specific building details such as suite configuration, renovation history, or on-site amenities.
As an office-focused commercial asset, the property may suit buyers and operators looking for a corporate office setting aligned with a professional services use case. Prospective tenants and buyers should confirm building specifications, condition, and layout details during due diligence, including how the existing improvements can support day-to-day office operations.
The property is located at 10450 Stancliff Rd, Houston, TX 77099. The available materials focus on the business background of ALS and do not provide specific building details such as suite configuration, renovation history, or on-site amenities.
As an office-focused commercial asset, the property may suit buyers and operators looking for a corporate office setting aligned with a professional services use case. Prospective tenants and buyers should confirm building specifications, condition, and layout details during due diligence, including how the existing improvements can support day-to-day office operations.
Key Highlights
- Office property built in 1984
- Tied to ALS Group USA, Corp, a subsidiary of ALS Limited
- ALS Limited is an ASX100 company with global operations including Houston, Texas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$597,733
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,954,660
$12.0M
Cap Rate 7%
$8,539,043
$8.5M
Cap Rate 9%
$6,641,478
$6.6M
Market Conditions
NOI Build-Up for 51,246 SF
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.
Gross rent
$1.11M $21.60/SF
− Vacancy
−$309.9K −$6.05/SF
EGI
$797.0K $15.55/SF
− OpEx
−$199.2K −$3.89/SF
NOI
$597.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,954,660
Cap Rate 7%
$8,539,043
Cap Rate 9%
$6,641,478
Alternative Uses
Best Use
Office B
$8.54M
$7.47M – $9.96M
NOI $597,733 @ 7.0% cap · market cap 6.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.18M
$11.53M – $15.37M
NOI $922,428 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Explore this area
Business Placement
Demographics for 77099, TX
49,849
Population
17,860
Households
2.8
Avg Household Size
34
Median Age
20%
College-Educated
71%
High-School Grad
6.1 sq mi
ZIP Area
8,172
Density / Sq Mi
$48,735
Median Household Income
$29,587
Median Earnings
$1,218
Median Rent
$176,800
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - For sale office property tied to a global analytical and testing services organization.
Where is this office building located?
The property is located at 10450 Stancliff Rd Houston, TX.
What is the asking price?
The asking price for this property is $8,580,000.
What are key features of this property?
This property features: Office property built in 1984; Tied to ALS Group USA, Corp, a subsidiary of ALS Limited; ALS Limited is an ASX100 company with global operations including Houston, Texas
