Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    212 E Houston St Cleveland, TX 77327

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,200 /Mo ($19 SF/Yr)

    Exceptional office building with ten offices, meeting room, and parking.

    Property size:
    2,593 SF
    Lot size:
    0.26 Acres

    Property Features for 212 E Houston St

    General Information

    Size
    2,593 SF
    Lot size
    0.26 Acres

    We can help!

    Listing Contact
    Regina Coats
    Regina Coats
    Source: Moodyscre

    Listing Agent: Regina Coats

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Spacious Office Building For Rent

    This office building is designed for businesses seeking convenience, functionality, and a professional environment. It features ten offices designed to maximize productivity and comfort. An expansive meeting room is suitable for client presentations, team collaborations, and large gatherings. Convenient facilities include three bathrooms and a kitchenette area. Multiple storage areas ensure organization. The property includes 27 dedicated parking spaces. Signage is available for company name. Located in a prime business district, this building is ideal for companies looking to establish a professional presence with the amenities and space to grow. The property contains 2593 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RT Ellis Pipeline ... Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -95.090173
    Latitude
    30.343548

    Nearby Similar for Lease

    • Contact for pricing
      2,160 SF

      Cleveland Retail Building For Lease

      Freestanding Retail Space in Cleveland, TX
      122 Washington Ave, Cleveland, TX 77327
      View Details
    • $24 SF/Yr
      42,000 SF

      Colony Ridge Retail Center

      Prime Cleveland, TX Retail Space
      1075 County Rd 5270, Cleveland, TX 77327
      View Details
    • $10 SF/Yr
      5,000 SF

      Liberty County Industrial Space

      5,000 SF Manufacturing/Warehouse
      105 Hubert St, Cleveland, TX 77327
      View Details
    • Contact for pricing
      9,500 SF

      Prime Cleveland Retail Space

      9,500 SF Retail Building, 4,500 SF Available
      2403 Houston St, Cleveland, TX 77327
      View Details
    • Contact for pricing
      1,600 SF

      Prime Cleveland Retail Space

      800 SF Available in Legends Marketplace
      1003 Houston St, Cleveland, TX 77327
      View Details
    • $26 SF/Yr
      3,300 SF

      Retail Space in Colony Ridge

      Available retail space within the Colony Ridge Development.
      1361 County Rd, Cleveland, TX
      View Details
    • $14 SF/Yr
      3,868 SF

      Cleveland Industrial Manufacturing Space

      3,868 SF Manufacturing Facility in Cleveland, TX
      200 Manthey Ave, Cleveland, TX 77327
      View Details
    • $15 SF/Yr
      4,500 SF

      Freestanding Building with Bay Doors

      4,500 SF building with three bay doors for lease.
      1009 Highway 59 N, Cleveland, TX 77327
      View Details
    • $2,000 /Mo
      1,760 SF

      Renovated Warehouse and Office Space

      Warehouse and office space renovated in 2020, tenant pays utilities.
      1108 N Washington Ave, Cleveland, TX 77327
      View Details
    • $2,450 /Mo
      2,209 SF

      Downtown Cleveland Retail Space Available

      Retail storefront in downtown Cleveland with high traffic volume.
      110 N Travis Ave, Cleveland, TX 77327
      View Details
    • $900 /Mo
      400 SF

      Furnished Office Space For Rent

      Furnished office space with easy highway access available for rent.
      308 Belcher St, Cleveland, TX 77327
      View Details
    • $1.25 SF/Yr
      6,400 SF

      New Retail Space Available

      New construction retail space available for lease.
      705 E Houston St, Cleveland, TX 77327
      View Details

    FAQs

    What type of property is this?
    Office building - Exceptional office building with ten offices, meeting room, and parking.
    Where is this office building located?
    The property is located at 212 E Houston St Cleveland, TX.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Located in a prime business district.; - 27 dedicated parking spaces.; - **10 Spacious Offices designed for productivity and comfort.**
    (713) 489-8130
    Request Owner's contact information
    212 E Houston St Cleveland, TX 77327
    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.
    212 E Houston St
    Cleveland, TX 77327
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    212 E Houston St Cleveland, TX 77327
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Regina Coats
    Regina Coats
    (713) 489-8130
    Learn more
    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.