Professional Office Unit For
14339 Torrey Chase Blvd Houston, TX 77014
For Sale
Contact for pricing
Office unit with reception, offices, kitchenette, and bathrooms.
Property Size1,538 SF
Price / SF$139.79
Days on Market2111
Property Features for 14339 Torrey Chase Blvd
General Information
- Standard status
- Active
- Size
- 1,538 SF
- Property subtype
- Mixed Use, Office
Listing Agency:
eXp Realty
(281) 723-3336
Listed By:
Bill Smith · License #TX 291078
Source:
Crexi
Added: Oct 14, 2020
Changed: Jul 10
Last Checked: Jul 24 at 8:50AM
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.
Available for sale, Unit E & F offers 1,538 square feet of office space. The layout includes a reception area, three private offices, a kitchenette, and two bathrooms. The primary office and two other offices are spacious, creating a professional setting. Additional features include a large kitchenette and a copy/computer room. The property is located with easy access from Torrey Chase Boulevard, east of Stuebner Airline and south of FM 1960. The Homeowners Association fee for this double unit is $719 per month, covering all exterior maintenance, including roofs, water to the unit, and building insurance.
Key Highlights
- Spacious 1,538 SF office space suitable for purchase or lease
- Includes a reception area, 3 private offices, kitchenette, and 2 bathrooms
- Primary office and 2 other offices are very spacious, creating a professional setting
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 | $33.2k | $21.60 |
| − Vacancy | −$9.3k | −$6.05 |
| EGI | $23.9k | $15.55 |
| − OpEx | −$6.0k | −$3.89 |
| NOI | $17.9k | $11.66 |
1,538 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$256.3K
$224.2K – $299.0K
NOI $17,939 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.5K
$346.1K – $461.4K
NOI $27,684 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Allied Appraisal Center
Real Estate Agency
business broker
Business Broker
Our Creative: Homeschool ...
High School
Partners Management Services ...
Property Management Company
Pacific Inter consulting
Business Management Consultant
FAQs
What type of property is this?
Office units - Office unit with reception, offices, kitchenette, and bathrooms.
Where is this office units located?
The property is located at 14339 Torrey Chase Blvd Houston, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Spacious 1,538 SF office space suitable for purchase or lease; Includes a reception area, 3 private offices, kitchenette, and 2 bathrooms; Primary office and 2 other offices are very spacious, creating a professional setting
