Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2400 Rice Blvd., 2400 Times Blvd., 2444 Times Blvd. Houston, TX 77005

    Source: https://www.colliers.com
    For Sale
    Contact for pricing

    66,535 SF on 1.93 AC Office Building For Sale

    Property size:
    66,535 SF

    Description

    Added:
    Apr 8, 2025
    Days on Market:
    245
    Colliers, and the owner's representative, Julie Tysor Taetz, President of The Appelt Company, are pleased to offer for sale to qualified investors the fee simple interest in a unique redevelopment opportunity in the highly desirable Rice Village shopping district of Houston, Texas. The site is situated in the West University submarket, just steps from Rice University and the Texas Medical Center. The property includes 2400 Times Blvd., 2400 Rice Blvd., and 2444 Times Blvd., totaling approximately 1.928 acres (84,000 square feet) in a vibrant, around-the-clock shopping destination.



    • Unique redevelopment opportunity in highly desirable location in West University
    • 66,535 Total SF (28,500 SF Office, 12,530 & 25,505 SF Retail)
    • 1.928 aces / 84,00 SF of land
    • NOI: $992,000

    Property Features for 2400 Rice Blvd., 2400 Times Blvd., 2444 Times Blvd.

    General Information

    Property type
    Other office properties
    Square Feet
    66,535 SF
    Elevators
    N/A
    Net Rentable
    66,535 SF
    Lot Size
    84,071 SF
    Net Operating Income
    $992,000
    Insight Report Location Intelligence

    Current Use by Public Records

    Torchy's Tacos Taco Restaurant American Epoxy Inc Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    State
    Texas
    Longitude
    -95.415587
    Latitude
    29.71704

    Nearby Similar for Sale

    • $480,000
      2,236 SF

      Modern Duplex Near Medical Center

      Two-story duplex built in 2020, convenient location, fully equipped.
      6501 Osprey Dr, Houston, TX 77048
      View Details
    • $950,000
      0.60 Acres

      Versatile Office-Warehouse Flex Building

      Office-warehouse flex building on 0.60 acres in a high-visibility location.
      11043 Jones Rd, Houston, TX 77070
      View Details
    • $340,000
      1,883 SF

      Charming Renovated Houston Duplex

      Renovated duplex in Houston, perfect for homeowners or investors.
      2212 Terry St, Houston, TX 77009
      View Details
    • $4,500,000
      13,508 SF

      Houston Retail Property on Interstate

      2.64-acre retail site with showroom, service center, and shop.
      15150 North Fwy, Houston, TX 77090
      View Details
    • $7,500,000
      1.39 Acres

      New Car Wash on Highway

      Newly built car wash on high-traffic Houston corridor for sale.
      3703 Highway 6 S, Houston, TX 77082
      View Details
    • $2,000,000
      16,800 SF

      North Houston Multi-Use Facility

      Two-story, 16,800 SF medical or specialty facility for sale.
      12414 Dawn Rd, Houston, TX 77067
      View Details

    FAQs

    What type of property is this?
    Office property - 66,535 SF on 1.93 AC Office Building For Sale
    Where is this office property located?
    The property is located at 2400 Rice Blvd., 2400 Times Blvd., 2444 Times Blvd. Houston, TX.
    (713) 823-5358
    Request Owner's contact information
    2400 Rice Blvd., 2400 Times Blvd., 2444 Times Blvd. Houston, TX 77005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2400 Rice Blvd., 2400 Times Blvd., 2444 Times Blvd.
    Houston, TX 77005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 Rice Blvd., 2400 Times Blvd., 2444 Times Blvd. Houston, TX 77005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.