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Office Building with Yard Space
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1614 Holland St, Houston, TX 77029

Flexible office layout with paved parking and outdoor yard area.

Property Size1,376 SF
Lot Size0.44 Acres
Price / SF$225.29
Days on Market106

Property Features for 1614 Holland St

General Information

Standard status Active
Size 1,376 SF
Total Parking Spaces 17
Lot size 0.44 Acres
Property subtype RETAIL
Occupancy 50%

Additional Details

Opportunity Zone Yes
Highway Access Yes

Amenities

Outdoor Yard Space

Building Details

Buildings 1
Building Size 1,376 SF
Parking Ratio 12.35 per 1,000 SF
Listing Agency: The Commercial Professionals
Listed By: Adam Olsen, CCIM · License ##0642075
Source: Moodyscre
Added: Jul 6 Changed: Oct 12 Last Checked: Oct 19 at 4:00AM

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 The Commercial Professionals

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Investment Insights

Based on property information with market context.

The property at 1614 Holland St. includes a 1,376-square-foot office building on approximately 0.44 acres, with a flexible layout that can accommodate multiple commercial uses. Outdoor yard space provides room for equipment, storage, and additional parking. The site includes 17 paved parking spaces, and 50% of the building is vacant for immediate occupancy.

Located in Houston’s East Industrial Corridor, the property offers access to I-10, Loop 610, and SH 225. Surrounding properties include industrial and commercial users, while the site’s Opportunity Zone designation adds an important planning and investment consideration. The configuration is suited to contractors, service-oriented operations, and owner-occupants, with potential applications including food truck, car detailing, and pop-up retail concepts.

Key Highlights

  • 1,376 SF office building on ±0.44 acres
  • 17 paved parking spaces with a 12.35 parking ratio
  • 50% vacant for immediate occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,050
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,000 $321.0K
Cap Rate 7%
$229,286 $229.3K
Cap Rate 9%
$178,333 $178.3K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$29.7K $21.60/SF
− Vacancy
−$8.3K −$6.05/SF
EGI
$21.4K $15.55/SF
− OpEx
−$5.3K −$3.89/SF
NOI
$16.0K $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%
$321,000
Cap Rate 7%
$229,286
Cap Rate 9%
$178,333

Alternative Uses

Best Use
Office B
$229.3K
$200.6K – $267.5K (±1% cap)
NOI $16,050 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.8K
$309.6K – $412.8K (±1% cap)
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

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Flexible office layout with paved parking and outdoor yard area.
Where is this office building located?
The property is located at 1614 Holland St 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: 1,376 SF office building on ±0.44 acres; 17 paved parking spaces with a 12.35 parking ratio; 50% vacant for immediate occupancy
(713) 614-2670 Call to check price and availability
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