Office Building with
For Sale
$310,000
1614 Holland Avenue, Houston, TX 77029
Office building with yard space and partial occupancy in Houston’s East End industrial corridor.
Property Size1,376 SF
Lot Size0.44 Acres
Days on Market64
Property Features for 1614 Holland Avenue
General Information
Standard status
Active
Size
1,376 SF
Lot size
0.44 Acres
Property subtype
Retail
Occupancy
50%
Additional Details
Highway Access
Yes
Building Details
Building Size
1,376 SF
Year Built
1955
Buildings
1
Listing Agency:
eXp Realty, LLC
Listed By:
Adam Olsen, CCIM · License #TX #0642075
(713) 614-2670
Source:
Thecommercialprofessionals
Added: Aug 15
Changed: Oct 2
Last Checked: Oct 16 at 7:04AM
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, LLC
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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.
Built in 1955, the property includes an existing office building on approximately 0.44 acres with substantial yard space. The building is 50% occupied by an H&R Block Franchise, while the remaining portion is available for occupancy. The combination of office space, outdoor area, and current vacancy supports a range of service-oriented, contractor, logistics, and other commercial operations described for the site.
The property is located at 1614 Holland Avenue in Houston’s East End industrial corridor, near established commercial and industrial users. Access is available to Interstate 10, Loop 610, State Highway 225, and the Port of Houston, connecting the site with Houston’s broader transportation and logistics network.
The property is located at 1614 Holland Avenue in Houston’s East End industrial corridor, near established commercial and industrial users. Access is available to Interstate 10, Loop 610, State Highway 225, and the Port of Houston, connecting the site with Houston’s broader transportation and logistics network.
Key Highlights
- Approximately 0.44 acres with an existing office building and ample yard space
- Office building constructed in 1955
- 50% occupied by an H&R Block Franchise with the balance available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,658
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,160
$373.2K
Cap Rate 7%
$266,543
$266.5K
Cap Rate 9%
$207,311
$207.3K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$28.2K $20.52/SF
− Vacancy
−$1.6K −$1.15/SF
EGI
$26.7K $19.37/SF
− OpEx
−$8.0K −$5.81/SF
NOI
$18.7K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,160
Cap Rate 7%
$266,543
Cap Rate 9%
$207,311
Alternative Uses
Best Use
Retail
$266.5K
$233.2K – $311.0K
NOI $18,658 @ 7.0% cap · market cap 6.02%
Second Best
Office B
$229.3K
$200.6K – $267.5K
NOI $16,050 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$353.8K
$309.6K – $412.8K
NOI $24,768 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
50%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 77029, TX
17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office building - Office building with yard space and partial occupancy in Houston’s East End industrial corridor.
Where is this office building located?
The property is located at 1614 Holland Avenue Houston, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Approximately 0.44 acres with an existing office building and ample yard space; Office building constructed in 1955; 50% occupied by an H&R Block Franchise with the balance available
