Two Single-Story Office
1824 Sawdust Spring, TX
1824 Sawdust, Spring, TX, 00000
Contact for pricing
For Sale
Contact for pricing
Two office buildings with tenants in place through November 2028.
Property Size6,300 SF
Lot Size1.74 Acres
Price / SF$411.11
Days on Market239
Property Features for 1824 Sawdust
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Lot size
- 1.74 Acres
- Property subtype
- OFFICE
Listing agency
eXp Realty
(281) 723-3336
Listed by
Bill Smith · License #291078
(281) 723-3336
Source
Moodyscre
Added: Nov 24, 2025 Updated: Jul 6 at 9:23AM Checked: Jul 21 at 6:55AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This investment opportunity features two single-story office buildings, one 3,000 square feet and the other 3,300 square feet, totaling 6,300 square feet. Both buildings are currently occupied by tenants with leases extending through November 30, 2028. The property generates a gross monthly income of $14,000, with scheduled rent increases. Situated on 1.8 acres, the property benefits from high visibility at a signalized corner on Sawdust Road. Additional features include remote control gates, a monitored security system, and professional signage. The location offers convenient access to The Woodlands amenities and is just minutes from the Hardy Toll Road, I-45, and the Grand Parkway. The property currently utilizes well and septic systems, but public water is available. The property is located in The Woodlands, TX.
Key Highlights
- Tenant in place through November 30, 2028, generating $14,000/month gross income with scheduled increases.
- Owner financing considered.
- Located on a signalized corner with great visibility on Sawdust Rd.
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 | $126.3k | $20.04 |
| − Vacancy | −$27.8k | −$4.41 |
| EGI | $98.5k | $15.63 |
| − OpEx | −$24.6k | −$3.91 |
| NOI | $73.9k | $11.72 |
6,300 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.06M
$923.2K – $1.23M
NOI $73,857 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.86M
NOI $111,332 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Spectrum Review Services ...
Medical Group
Empower Behavioral Health
Crisis Center
frank berrier mediator
Law Firm
lcg concrete
Construction Company
Westfork Custom Homes
Construction Company
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FAQs
What type of property is this?
Office building - Two office buildings with tenants in place through November 2028.
Where is this office building located?
The property is located at 1824 Sawdust Spring, TX.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: Tenant in place through November 30, 2028, generating $14,000/month gross income with scheduled increases.; Owner financing considered.; Located on a signalized corner with great visibility on Sawdust Rd.
