Recently Renovated Freestanding Office
For Sale
Contact for pricing
16610 Sea Lark Rd, Houston, TX 77062
Recently renovated freestanding office building suited for professional or medical use.
Property Size6,745 SF
Price / SF$185.32
Days on Market768
Property Features for 16610 Sea Lark Rd
General Information
Standard status
Active
Size
6,745 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Clear Lake
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
KW Commercial
(281) 335-0335
Listed By:
Chaundra Hugel Broughton, CCIM · License #667270-SA
(917) 743-6241
Source:
Moodyscre
Added: Sep 17, 2024
Changed: Oct 23
Last Checked: Oct 23 at 11:01AM
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 KW Commercial
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Investment Insights
Based on property information with market context.
Freestanding office building offering recently renovated space for professional office or medical use. The property comprises 6,745 square feet and is positioned to serve businesses seeking a dedicated, standalone workplace.
Located on Sea Lark Road in Clear Lake, Texas, the building sits just off El Camino Real with convenient access to Bay Area Blvd and I-45. It is also in close proximity to Clear Lake Medical Center, the University of Houston-Clear Lake, and NASA’s Johnson Space Center. Nearby retailers include Kroger, ALDI, HEB, Spec’s, CVS, Walgreens, and Office Depot, supporting everyday convenience for employees and visitors.
Located on Sea Lark Road in Clear Lake, Texas, the building sits just off El Camino Real with convenient access to Bay Area Blvd and I-45. It is also in close proximity to Clear Lake Medical Center, the University of Houston-Clear Lake, and NASA’s Johnson Space Center. Nearby retailers include Kroger, ALDI, HEB, Spec’s, CVS, Walgreens, and Office Depot, supporting everyday convenience for employees and visitors.
Key Highlights
- 6,745 SF freestanding office building
- Recently renovated for professional office or medical use
- Just off El Camino Real with access to Bay Area Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,786
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,720
$1.8M
Cap Rate 7%
$1,311,229
$1.3M
Cap Rate 9%
$1,019,844
$1.0M
Market Conditions
NOI Build-Up for 6,745 SF
Gross rent
$170.0K $25.20/SF
− Vacancy
−$17.0K −$2.52/SF
EGI
$153.0K $22.68/SF
− OpEx
−$61.2K −$9.07/SF
NOI
$91.8K $13.61/SF
Area
Houston, TX
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,720
Cap Rate 7%
$1,311,229
Cap Rate 9%
$1,019,844
Alternative Uses
Best Use
Healthcare Medical
$1.31M
$1.15M – $1.53M
NOI $91,786 @ 7.0% cap · market cap 7.34%
Second Best
Office B
$1.12M
$983.4K – $1.31M
NOI $78,674 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,410 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,971
Businesses Nearby
Explore this area
Business Placement
Demographics for 77062, TX
25,095
Population
10,150
Households
2.5
Avg Household Size
41
Median Age
53%
College-Educated
93%
High-School Grad
5.8 sq mi
ZIP Area
4,327
Density / Sq Mi
$105,824
Median Household Income
$59,776
Median Earnings
$1,376
Median Rent
$280,400
Median Home Value
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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 building - Recently renovated freestanding office building suited for professional or medical use.
Where is this office building located?
The property is located at 16610 Sea Lark Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,745 SF freestanding office building; Recently renovated for professional office or medical use; Just off El Camino Real with access to Bay Area Blvd
