Houston Investment Opportunity For
For Sale
$3,000,000
1916 Baldwin Street, Houston, TX 77019
Stabilized investment property with strong tenant in Houston, TX.
Property Size9,672 SF
Days on Market320
Property Features for 1916 Baldwin Street
General Information
Standard status
Active
Size
9,672 SF
Property subtype
Retail
Building Details
Building Size
9,672 SF
Year Built
1930
Listed By:
Charlie Wyatt
(832) 555-6667
Source:
Rockspring
Added: Nov 28, 2025
Changed: Oct 12
Last Checked: Oct 12 at 5:57PM
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 Charlie Wyatt
Investment Insights
Based on property information with market context.
The property at 1916 Baldwin Street in Houston is a stabilized investment opportunity. A tenant is secured under a five-year modified lease. The property is being offered at a 7.4% Cap rate. The location is centrally located with access to Houston's major districts.
Key Highlights
- Strong tenant secured under a five‑year modified lease.
- Offered at a 7.4% Cap rate, providing steady cash flow.
- Centrally located with excellent access to Houston's major districts.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,814
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,256,280
$2.3M
Cap Rate 7%
$1,611,629
$1.6M
Cap Rate 9%
$1,253,489
$1.3M
Market Conditions
NOI Build-Up for 9,672 SF
Gross rent
$208.9K $21.60/SF
− Vacancy
−$58.5K −$6.05/SF
EGI
$150.4K $15.55/SF
− OpEx
−$37.6K −$3.89/SF
NOI
$112.8K $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%
$2,256,280
Cap Rate 7%
$1,611,629
Cap Rate 9%
$1,253,489
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.88M
NOI $112,814 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,096 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,121
Businesses Nearby
Explore this area
Business Placement
Demographics for 77019, TX
24,136
Population
14,387
Households
1.7
Avg Household Size
37
Median Age
76%
College-Educated
98%
High-School Grad
3.7 sq mi
ZIP Area
6,523
Density / Sq Mi
$108,353
Median Household Income
$75,871
Median Earnings
$1,886
Median Rent
$724,900
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Stabilized investment property with strong tenant in Houston, TX.
Where is this office building located?
The property is located at 1916 Baldwin Street Houston, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Strong tenant secured under a five‑year modified lease.; Offered at a 7.4% Cap rate, providing steady cash flow.; Centrally located with excellent access to Houston's major districts.
