Multi-Unit Office
11111 JONES RD W Houston, TX 77070
For Sale
Contact for pricing
Multi-unit office property offering three units totaling 1,486 SF for sale.
Property Size1,486 SF
Price / SF$199.87
Days on Market80
Property Features for 11111 JONES RD W
General Information
- Standard status
- Active
- Size
- 1,486 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing Agency:
Texas Ally Real Estate Group LLC
Listed By:
Jasmine Balboa · License #761221
Source:
Crexi
Added: May 7
Changed: Jul 23
Last Checked: Jul 24 at 5:18PM
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 Texas Ally Real Estate Group LLC
Investment Insights
Based on property information with market context.
This multi-unit office building is offered for sale and includes three separate office units totaling 1,486 SF. The property is configured as individual office spaces within the same building, providing a straightforward setup for an owner-occupant or investor.
The asset is located at 11111 Jones Rd W in Houston, Texas. It is specifically described as an office offering and presented as three units within the overall footprint.
If you are looking for a smaller, multi-unit office structure, this building provides a compact total size while maintaining the benefit of separate units.
The asset is located at 11111 Jones Rd W in Houston, Texas. It is specifically described as an office offering and presented as three units within the overall footprint.
If you are looking for a smaller, multi-unit office structure, this building provides a compact total size while maintaining the benefit of separate units.
Key Highlights
- Multi‑unit office property built in 1986
- 3 office units totaling 1,486 SF
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 | $32.1k | $21.60 |
| − Vacancy | −$9.0k | −$6.05 |
| EGI | $23.1k | $15.55 |
| − OpEx | −$5.8k | −$3.89 |
| NOI | $17.3k | $11.66 |
1,486 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$247.6K
$216.7K – $288.9K
NOI $17,333 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.1K
$334.4K – $445.8K
NOI $26,748 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Winning Smiles Dental ...
Dental Office
Dr. James Watson ...
Dental Office
Dr. Rajasekhara R ...
Pediatrician
Houston Dentist ( formerly ...
Dental Office
Nha Quynh Nguyen, ...
Dental Office
FAQs
What type of property is this?
Office units - Multi-unit office property offering three units totaling 1,486 SF for sale.
Where is this office units located?
The property is located at 11111 JONES RD W Houston, TX.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Multi‑unit office property built in 1986; 3 office units totaling 1,486 SF
