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Vacant Office Building
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785 Greens Parkway Houston, Houston, TX 77067

Vacant office building positioned for redevelopment into a multi-megawatt data center footprint.

Property Size124,480 SF
Days on Market82

Property Features for 785 Greens Parkway Houston

General Information

Standard status Active
Size 124,480 SF
Property subtype Other

Building Details

Building Size 124,480 SF
Listing Agency: Avison Young - US - TX - Houston
Listed By: Austin Stacey
Source: Commercialcafe
Added: Jun 22 Changed: Sep 9 Last Checked: Sep 11 at 4:27AM

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 Avison Young - US - TX - Houston

Investment Insights

Based on property information with market context.

The property is a currently vacant building at 785 Greens Parkway that can be redeveloped into an approximately 4 MW data center, with the ability to expand to approximately 20 MW. The concept is designed to deliver lead-time advantages compared to ground-up construction while utilizing the existing development opportunity presented by the site and structure.

The building is located in the Greens Crossing area off N. Sam Houston Parkway E. (Beltway 8), west of Interstate 45 (North Freeway). The surrounding area includes restaurants, hotels, health clubs, and banking facilities, and the property also provides convenient access to George Bush Intercontinental Airport (IAH), just minutes away.

For buyers and operators seeking a redevelopment path for meaningful power capacity, this asset offers a starting point that can support a data center buildout at an initial multi-megawatt scale and plans for expansion. The vacancy and redevelopment focus may be especially relevant for entities evaluating timelines and site utilization rather than pursuing a fully ground-up approach.

Key Highlights

  • Vacant building built in 2002, positioned for redevelopment into a multi‑megawatt data center footprint
  • Redevelopment plan supports an initial +/-4 MW data center capacity
  • Property has potential to expand to +/-20 MW for additional data center capacity

Property Analytics

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Current Use

The Hartford Insurance Agency Tntusa Business Related GD Energy Products Building Supply TNT Shipping Corporate Office FedEx Drop Box Postal Service

Suggested Use

Top Pick Pharmacy Auto Repair Shop Garden Center (Bike/Boat/Book/etc) Store Gym & Fitness Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby

Demographics for 77067, TX

31,729
Population
11,072
Households
2.9
Avg Household Size
31
Median Age
12%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
5,566
Density / Sq Mi
$51,278
Median Household Income
$33,287
Median Earnings
$1,138
Median Rent
$174,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Vacant office building positioned for redevelopment into a multi-megawatt data center footprint.
Where is this office building located?
The property is located at 785 Greens Parkway Houston Houston, TX.
What are key features of this property?
This property features: Vacant building built in 2002, positioned for redevelopment into a multi‑megawatt data center footprint; Redevelopment plan supports an initial +/-4 MW data center capacity; Property has potential to expand to +/-20 MW for additional data center capacity
More about this property
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