Office Building with Conference
15600 W Hardy Rd, Houston, TX 77060
For Sale
New
Contact for pricing
An open-plan workspace includes climate-controlled rooms and dedicated meeting areas.
Property Size11,313 SF
Lot Size1.21 Acres
Price / SF$132.59
Days on Market6
Property Features for 15600 W Hardy Rd
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Asking Price
Property Use
Amenities
open plan office space
multiple climate controlled rooms
two conference rooms
Building Details
Year Built
Year Renovated
Buildings
Building Size
Listing Agency:
Aspire Commercial
Listed By:
Luke Stavinoha · License TX #769178
Source:
Crexi
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 10 at 8:42AM
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 Aspire Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 11,313-square-foot office building sits on 1.21 acres. Its interior combines open-plan workspace with multiple climate-controlled rooms and two conference rooms. The property was constructed in 1979 and renovated in 2012.
Direct access to Beltway 8 connects the office property to the surrounding road network.
Direct access to Beltway 8 connects the office property to the surrounding road network.
Key Highlights
- 11,313‑square‑foot office building on 1.21 acres
- Two conference rooms
- Multiple climate‑controlled rooms alongside open‑plan office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,955
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,639,100
$2.6M
Cap Rate 7%
$1,885,071
$1.9M
Cap Rate 9%
$1,466,167
$1.5M
Market Conditions
NOI Build-Up for 11,313 SF
Gross rent
$244.4K $21.60/SF
− Vacancy
−$68.4K −$6.05/SF
EGI
$175.9K $15.55/SF
− OpEx
−$44.0K −$3.89/SF
NOI
$132.0K $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%
$2,639,100
Cap Rate 7%
$1,885,071
Cap Rate 9%
$1,466,167
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.20M
NOI $131,955 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.91M
$2.55M – $3.39M
NOI $203,634 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,895
Businesses Nearby
Explore this area
Business Placement
Demographics for 77060, TX
42,707
Population
16,660
Households
2.6
Avg Household Size
29
Median Age
7%
College-Educated
55%
High-School Grad
8.1 sq mi
ZIP Area
5,272
Density / Sq Mi
$37,843
Median Household Income
$26,278
Median Earnings
$1,024
Median Rent
$144,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Houston
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office building - An open-plan workspace includes climate-controlled rooms and dedicated meeting areas.
Where is this office building located?
The property is located at 15600 W Hardy Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 11,313‑square‑foot office building on 1.21 acres; Two conference rooms; Multiple climate‑controlled rooms alongside open‑plan office space
