Houston Office Space For
For Sale
$128,500
12812 Willow Centre Drive, Houston, TX 77066
675 SF office space in Willowbrook area, minutes from thoroughfares.
Property Size675 SF
Price / SF$190.37
Days on Market332
Property Features for 12812 Willow Centre Drive
General Information
Standard status
Active
Size
675 SF
Class
A
Property subtype
Office
Building Details
Building Size
675 SF
Year Built
2005
Listing Agency:
RE/MAX Commercial Advisors Group
(281) 686-9445
Listed By:
Patrick Buckhoff · License #9005284
(281) 686-9445
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 22 at 3:28AM
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 RE/MAX Commercial Advisors Group
Investment Insights
Based on property information with market context.
Located in the Willowbrook area, this 675 SF office space is situated in the gated Willow Center office park. The property is located minutes from SH 249 and Beltway 8, as well as major thoroughfares, shopping, and dining. The space is configured for businesses specializing in aesthetics, injectables, permanent make up or tattoos. Chairs and equipment are available. Parking is available directly in front of the unit.
Key Highlights
- Ideal location for aesthetics, injectables, permanent makeup, or tattoo businesses.
- Located in the Willowbrook area, minutes from SH 249 and Beltway 8.
- Situated in the gated Willow Center office park.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,873
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$157,460
$157.5K
Cap Rate 7%
$112,471
$112.5K
Cap Rate 9%
$87,478
$87.5K
Market Conditions
NOI Build-Up for 675 SF
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.
Gross rent
$14.6K $21.60/SF
− Vacancy
−$4.1K −$6.05/SF
EGI
$10.5K $15.55/SF
− OpEx
−$2.6K −$3.89/SF
NOI
$7.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$157,460
Cap Rate 7%
$112,471
Cap Rate 9%
$87,478
Alternative Uses
Best Use
Office B
$112.5K
$98.4K – $131.2K
NOI $7,873 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$173.6K
$151.9K – $202.5K
NOI $12,150 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 77066, TX
34,443
Population
12,156
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
77%
High-School Grad
8.6 sq mi
ZIP Area
4,005
Density / Sq Mi
$83,545
Median Household Income
$36,865
Median Earnings
$1,396
Median Rent
$217,500
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
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 units - 675 SF office space in Willowbrook area, minutes from thoroughfares.
Where is this office units located?
The property is located at 12812 Willow Centre Drive Houston, TX.
What is the asking price?
The asking price for this property is $128,500.
What are key features of this property?
This property features: Ideal location for aesthetics, injectables, permanent makeup, or tattoo businesses.; Located in the Willowbrook area, minutes from SH 249 and Beltway 8.; Situated in the gated Willow Center office park.
