Freestanding Office Building in Clear
16818 Titan Drive Houston, TX 77058
16818 Titan Drive, Houston, TX, 77058
$550,000
For Sale
$550,000
Freestanding office building in Clear Lake, Texas, near major amenities.
Property Size2,425 SF
Lot Size0.19 Acres
Price / SF$226.80
Days on Market271
Property Features for 16818 Titan Drive
General Information
- Standard status
- Active
- Size
- 2,425 SF
- Lot size
- 0.19 Acres
- Property subtype
- OFC
Building Details
- Year Built
- 1969
Listing Agency
Keller Williams Realty
(917) 743-6241
Listed by
Chaundra Hugel Broughton, CCIM · License #667270-SA
(917) 743-6241
Source
Realnex
Added: Oct 24, 2025 Updated: Jul 10 at 3:54 pm Checked: Jul 10 at 3:54 pm
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Located on Titan Drive in Clear Lake, Texas, this freestanding office building offers convenient access to Bay Area Blvd and I-45. It is situated minutes from Clear Lake Medical Center, the University of Houston–Clear Lake, and NASA’s Johnson Space Center. The building totals 2,425 square feet and sits on an 8,175-square-foot lot, offering a layout suitable for professional office or medical use. The Clear Lake location provides close proximity to retail and service amenities, including Kroger, HEB, ALDI, CVS, and Walgreens.
Key Highlights
- Rare opportunity to own a well‑located freestanding office building in Clear Lake, a desirable Houston submarket.
- Convenient access to major thoroughfares (Bay Area Blvd and I‑45).
- Proximity to Clear Lake Medical Center, University of Houston–Clear Lake, and NASA’s Johnson Space Center.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $21.60 |
| − Vacancy | −$14.7k | −$6.05 |
| EGI | $37.7k | $15.55 |
| − OpEx | −$9.4k | −$3.89 |
| NOI | $28.3k | $11.66 |
2,425 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$404.1K
$353.6K – $471.4K
NOI $28,285 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$623.6K
$545.6K – $727.5K
NOI $43,650 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial Packing & Seals
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding office building in Clear Lake, Texas, near major amenities.
Where is this office building located?
The property is located at 16818 Titan Drive Houston, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Rare opportunity to own a well‑located freestanding office building in Clear Lake, a desirable Houston submarket.; Convenient access to major thoroughfares (Bay Area Blvd and I‑45).; Proximity to Clear Lake Medical Center, University of Houston–Clear Lake, and NASA’s Johnson Space Center.
