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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 Market353

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 #0691307
Source: Moodyscre
Added: Nov 11, 2025 Changed: Oct 25 Last Checked: Oct 28 at 11:46AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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

Estimated NOI and Cap Rate

NOI / Yr
$119,101
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,382,020 $2.4M
Cap Rate 7%
$1,701,443 $1.7M
Cap Rate 9%
$1,323,344 $1.3M
Market Conditions
NOI Build-Up for 10,211 SF
Gross rent
$220.6K $21.60/SF
− Vacancy
−$61.8K −$6.05/SF
EGI
$158.8K $15.55/SF
− OpEx
−$39.7K −$3.89/SF
NOI
$119.1K $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 Rate 5%
$2,382,020
Cap Rate 7%
$1,701,443
Cap Rate 9%
$1,323,344

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

CyFair Career Institute Medical 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

1,440
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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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Includes: Price & PSF · Cap rate · Location · Zoning

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