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11706 Fallbrook Dr, Houston, TX

Office building with 10,211 square feet of space.

Property Size10,211 SF
Lot Size2.49 Acres
Price / SF$200.76
Days on Market262

Property Features for 11706 Fallbrook Dr

General Information

Standard status Active
Size 10,211 SF
Lot size 2.49 Acres
Property subtype OFFICE
Listing Agency: Zann Commercial Brokerage
Listed By: Derek Hughes · License #0492084
Source: Moodyscre
Added: Nov 11, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:17AM

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 Zann Commercial Brokerage

Investment Insights

Based on property information with market context.

This office building in Houston, Texas, offers 10,211 square feet of space. The property is intended for use as an office building.

Key Highlights

  • 10,211 square feet of office space

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 $220.6k $21.60
− Vacancy −$61.8k −$6.05
EGI $158.8k $15.55
− OpEx −$39.7k −$3.89
NOI $119.1k $11.66
10,211 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,101 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.06M (±1% cap)
NOI $183,798 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

CyFair Career Institute School N W Houston ... Medical Clinic MDS Medical Supplies Production Facility Dr. Angelina Ayoola Pediatrician

Suggested Use

Top Pick Parking Lot & Garage Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Florist Pet Grooming Service

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

718
Businesses Nearby

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office building with 10,211 square feet of space.
Where is this office building located?
The property is located at 11706 Fallbrook Dr Houston, TX.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 10,211 square feet of office space
(713) 204-0268 Call to check price and availability
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