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Cypress Office Space For Sale
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11123-11123 Mccracken Circle, Cypress, TX

Office space featuring a conference room, kitchen, and private bathroom.

Property Size675 SF
Lot Size2.32 Acres
Price / SF$204.44
Days on Market380

Property Features for 11123-11123 Mccracken Circle

General Information

Standard status Active
Size 675 SF
Lot size 2.32 Acres
Property subtype OFFICE
Listing Agency: Gardner Realty
Listed By: Bill Gardner · License #223802
Source: Moodyscre
Added: Jul 21, 2025 Changed: Jul 10 Last Checked: Jul 21 at 7:00AM

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 Gardner Realty

Investment Insights

Based on property information with market context.

This 675 square foot office space features a large entry room suitable for a lobby or multiple workstations, along with two additional enclosed rooms. The property includes a kitchen area and a private bathroom. A conference room is also present. The premises are handicap accessible and feature a ramp. The property also features a duck pond.

Key Highlights

  • Huge entry room suitable for lobby or multiple workstations.
  • Conference room for meetings and presentations.
  • Private bathroom for convenience.

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 $15.6k $23.04
− Vacancy −$3.8k −$5.58
EGI $11.8k $17.46
− OpEx −$2.9k −$4.37
NOI $8.8k $13.10
675 SF · lease $23.04/SF/yr · vacancy 24.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$126.3K
$110.5K – $147.4K (±1% cap)
NOI $8,841 @ 7.0% cap · market cap 6.41%
Second Best
no second resolved use
Theoretical Best
Office A
$184.3K
$161.3K – $215.0K (±1% cap)
NOI $12,902 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Hotel & Motel Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space featuring a conference room, kitchen, and private bathroom.
Where is this office units located?
The property is located at 11123-11123 Mccracken Circle Cypress, TX.
What is the asking price?
The asking price for this property is $138,000.
What are key features of this property?
This property features: Huge entry room suitable for lobby or multiple workstations.; Conference room for meetings and presentations.; Private bathroom for convenience.
(713) 545-6170 Call to check price and availability
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