11511 Garden Street, Houston, TX
4,480 SF office building with additional land in Houston.
- Added:
- Jul 1, 2022
- Days on Market:
- 1449
- Last Refresh:
- May 20 at 8:31 pm
Property Features for 11511 Garden Street
General Information
- Standard status
- Active
- Size
- 4,480 SF
- Lot size
- 0.77 Acres
- Property subtype
- OFFICE
Listing agent Lynn Stewart (713) 854-8981
Listing office Longevity Realty Partners (713) 660-0445
Listing date Jul 1, 2022
Source Moodyscre
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 Longevity Realty Partners
HighLights
- 4,480 SF 2‑story office building on +.7658 acre site
- Additional land suitable for parking, trailers, lay‑down storage
- Features twelve (12) private offices (1 down/11 up)
- Located near the Sam Houston Tollway & S. Gessner
- Includes a conference room
- Built in 2008
Overview
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 | $96.8k | $21.60 |
| − Vacancy | −$27.1k | −$6.05 |
| EGI | $69.7k | $15.55 |
| − OpEx | −$17.4k | −$3.89 |
| NOI | $52.3k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5217
- Latitude
- 29.6369
