Specialty
For Sale
Contact for pricing
1240 Clear Lake City Boulevard, Houston, TX 77062
Purpose-built commercial asset with an established physical footprint and documented capitalization rate.
Property Size15,807 SF
Price / SF$506.10
Days on Market15
Property Features for 1240 Clear Lake City Boulevard
General Information
Standard status
Active
Size
15,807 SF
Property subtype
Special Purpose
Occupancy
100%
Net Operating Income
$528,789
Additional Details
Cap Rate
6.61%
Building Details
Year Built
2000
Year Renovated
2022
Listing Agency:
Matthews
Listed By:
Andrew Fagundo · License #CA 02062491
Source:
Crexi
Added: Aug 19
Changed: Aug 31
Last Checked: Sep 1 at 7:57AM
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 Matthews
Investment Insights
Based on property information with market context.
This specialty property contains 15,807 square feet and was constructed in 2000. The asset is identified as a purpose-specific commercial property, with no additional operating or occupancy details provided.
The property is located at 1240 Clear Lake City Boulevard in Houston, Texas 77062. Its reported capitalization rate is 6.61%, providing a stated investment metric for review alongside the building’s size, age, and specialized classification.
The property is located at 1240 Clear Lake City Boulevard in Houston, Texas 77062. Its reported capitalization rate is 6.61%, providing a stated investment metric for review alongside the building’s size, age, and specialized classification.
Key Highlights
- 15,807 square feet of commercial property
- Built in 2000
- Reported 6.61% CAP
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 77062, TX
25,095
Population
10,150
Households
2.5
Avg Household Size
41
Median Age
53%
College-Educated
93%
High-School Grad
5.8 sq mi
ZIP Area
4,327
Density / Sq Mi
$105,824
Median Household Income
$59,776
Median Earnings
$1,376
Median Rent
$280,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Purpose-built commercial asset with an established physical footprint and documented capitalization rate.
Where is this specialty property located?
The property is located at 1240 Clear Lake City Boulevard Houston, TX.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 15,807 square feet of commercial property; Built in 2000; Reported 6.61% CAP
