Office Suite for
For Sale
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1828 Snake River Rd, Katy, TX 77449
Office suite offered for sale with approximately 1,350 square feet of space.
Property Size1,350 SF
Price / SF$277.78
Days on Market238
Property Features for 1828 Snake River Rd
General Information
Standard status
Active
Size
1,350 SF
Class
B
Property subtype
Office
Occupancy
100%
Lease Type
Modified Gross
Building Details
Year Built
2006
Units
2
Tenancy
Single
Listing Agency:
More to See Realty LLC
Listed By:
Kacie Skeen · License #TX 634384
(832) 655-1196
Source:
Crexi
Added: Feb 27
Changed: Oct 10
Last Checked: Oct 23 at 4:22AM
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 More to See Realty LLC
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Investment Insights
Based on property information with market context.
This for-sale office suite is listed at approximately 1,350 square feet. The property is presented as office space and is suitable for businesses seeking a dedicated, stand-alone workspace.
The office suite is located at 1828 Snake River Rd in Katy, TX.
The office suite is located at 1828 Snake River Rd in Katy, TX.
Key Highlights
- Office suite for sale with approximately 1,350 sq ft
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,683
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,660
$353.7K
Cap Rate 7%
$252,614
$252.6K
Cap Rate 9%
$196,478
$196.5K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$31.1K $23.04/SF
− Vacancy
−$7.5K −$5.58/SF
EGI
$23.6K $17.46/SF
− OpEx
−$5.9K −$4.37/SF
NOI
$17.7K $13.10/SF
Area
Harris County, TX
Vacancy
24.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,660
Cap Rate 7%
$252,614
Cap Rate 9%
$196,478
Alternative Uses
Best Use
Office B
$252.6K
$221.0K – $294.7K
NOI $17,683 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.6K
$322.5K – $430.1K
NOI $25,803 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,427
Businesses Nearby
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Business Placement
Demographics for 77449, TX
128,180
Population
40,773
Households
3.1
Avg Household Size
32
Median Age
28%
College-Educated
86%
High-School Grad
27.0 sq mi
ZIP Area
4,747
Density / Sq Mi
$85,934
Median Household Income
$42,015
Median Earnings
$1,755
Median Rent
$236,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite offered for sale with approximately 1,350 square feet of space.
Where is this office unit located?
The property is located at 1828 Snake River Rd Katy, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Office suite for sale with approximately 1,350 sq ft; Built in 2006
