Office Unit in Business
For Sale
Contact for pricing
14343 Torrey Chase Boulevard, Houston, TX 77014
Office unit available for sale within the Atelier of Northchase business center.
Property Size650 SF
Price / SF$130.77
Days on Market99
Property Features for 14343 Torrey Chase Boulevard
General Information
Standard status
Active
Size
650 SF
Class
C
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
1982
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
T.J. Van Auken · License #TX 538047
Source:
Crexi
Added: Jul 13
Changed: Oct 13
Last Checked: Oct 16 at 8:53AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This offering is a 650 SF office unit available for sale within the Atelier of Northchase business center. The property presents an opportunity for either investment or owner-user occupancy, depending on how the space will be used.
Located at 14343 Torrey Chase Blvd in Houston, the unit is part of a dedicated office business center environment.
The space is being marketed as a compact standalone office unit within the center, providing a straightforward footprint for a range of office uses.
Located at 14343 Torrey Chase Blvd in Houston, the unit is part of a dedicated office business center environment.
The space is being marketed as a compact standalone office unit within the center, providing a straightforward footprint for a range of office uses.
Key Highlights
- 650 SF office unit for sale
- Located in the Atelier of Northchase business center at 14343 Torrey Chase Blvd, Houston, TX 77014
- Year built: 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,582
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,640
$151.6K
Cap Rate 7%
$108,314
$108.3K
Cap Rate 9%
$84,244
$84.2K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$14.0K $21.60/SF
− Vacancy
−$3.9K −$6.05/SF
EGI
$10.1K $15.55/SF
− OpEx
−$2.5K −$3.89/SF
NOI
$7.6K $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 Rate 5%
$151,640
Cap Rate 7%
$108,314
Cap Rate 9%
$84,244
Alternative Uses
Best Use
Office B
$108.3K
$94.8K – $126.4K
NOI $7,582 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.1K
$146.3K – $195.0K
NOI $11,700 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office units - Office unit available for sale within the Atelier of Northchase business center.
Where is this office units located?
The property is located at 14343 Torrey Chase Boulevard Houston, TX.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 650 SF office unit for sale; Located in the Atelier of Northchase business center at 14343 Torrey Chase Blvd, Houston, TX 77014; Year built: 1982
