One-Story Office
For Sale
Contact for pricing
14343 Torrey Chase Blvd, Houston, TX 77014
Move-in ready 3,050 sq. ft. one-story office condo with vaulted ceilings, fireplace, multiple private offices, and conference space.
Property Size3,050 SF
Price / SF$127.87
Days on Market277
Property Features for 14343 Torrey Chase Blvd
General Information
Standard status
Active
Size
3,050 SF
Property subtype
OFFICE
Amenities
vaulted ceilings
custom cabinetry
hardwood flooring
porcelain tile flooring
fireplace
water features
bridges
dedicated parking
Building Details
Stories
1
Listing Agency:
Brenda Pennington Commercial
Listed By:
Brenda Pennington · License #341099
(713) 621-5050
Source:
Moodyscre
Added: Dec 12, 2025
Changed: Aug 21
Last Checked: Sep 14 at 11:33AM
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 Brenda Pennington Commercial
Investment Insights
Based on property information with market context.
This move-in ready one-story office condo offers 3,050 square feet of interior space with vaulted ceilings and a fireplace. The layout includes reception, six private offices plus an executive office, a spacious conference/training room, and a library. Additional functional rooms include a podcast room, copy/work room, and a break room with a full kitchen, supported by three bathrooms.
The property sits in a quiet, wooded setting with water features and bridges, and includes dedicated parking.
The office interior is designed for day-to-day operations, combining private work areas with shared meeting and support space in a single-floor configuration.
The property sits in a quiet, wooded setting with water features and bridges, and includes dedicated parking.
The office interior is designed for day-to-day operations, combining private work areas with shared meeting and support space in a single-floor configuration.
Key Highlights
- 3,050 sq. ft. one‑story office condo with vaulted ceilings and a fireplace
- Includes 6 private offices plus an executive office
- Spacious conference/training room, reception area, and library
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,575
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$711,500
$711.5K
Cap Rate 7%
$508,214
$508.2K
Cap Rate 9%
$395,278
$395.3K
Market Conditions
NOI Build-Up for 3,050 SF
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.
Gross rent
$65.9K $21.60/SF
− Vacancy
−$18.4K −$6.05/SF
EGI
$47.4K $15.55/SF
− OpEx
−$11.9K −$3.89/SF
NOI
$35.6K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$711,500
Cap Rate 7%
$508,214
Cap Rate 9%
$395,278
Alternative Uses
Best Use
Office B
$508.2K
$444.7K – $592.9K
NOI $35,575 @ 7.0% cap · market cap 9.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$784.3K
$686.3K – $915.0K
NOI $54,900 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,383
Businesses Nearby
Explore this area
Business Placement
Demographics for 77014, TX
35,161
Population
13,166
Households
2.7
Avg Household Size
32
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
4,883
Density / Sq Mi
$54,456
Median Household Income
$34,192
Median Earnings
$1,220
Median Rent
$213,300
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready 3,050 sq. ft. one-story office condo with vaulted ceilings, fireplace, multiple private offices, and conference space.
Where is this office units located?
The property is located at 14343 Torrey Chase Blvd Houston, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 3,050 sq. ft. one‑story office condo with vaulted ceilings and a fireplace; Includes 6 private offices plus an executive office; Spacious conference/training room, reception area, and library
