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Office Unit with Flexible Layout
For Lease
$2,450/Mo

205 Cedar Drive, Portland, TX 78374

CommercialLease, Portland, TX

Space SizeContact for details
Lot Size0.26 Acres
Days on Market148

Property Features for 205 Cedar Drive

General Information

Property type Commercial Lease
Property subtype Office
Property condition Under Construction
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2
Parking 11
Exterior features Landscaping
Subdivision Portland-Gregory Portland Inde
Lot features Landscaped
Elementary school Gregory Portland
Middle school Gregory Portland
High school Gregory Portland
Elementary school district Gregory Portland ISD
Middle school district Gregory Portland ISD
High school district Gregory Portland ISD
Standard status Active
APN 107683
Size 1,250 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description GREGORY-PORTLAND INDEPENDENT SCHOOL TRACT LOT 14
Legal Description GREGORY-PORTLAND INDEPENDENT SCHOOL TRACT LOT 14

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Building Details

Year built 2020
Floors in Building 1
Flooring type Unfinished
Building materials MetalSiding, Stucco, Veneer
Listing Agency: Cass Real Estate
Listed By: Brenton Reagan · License #0669077
Added: May 21 Changed: Sep 21 Last Checked: Oct 15 at 7:06AM
MLS# 476799

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,250-square-foot office unit at 205 Cedar Drive is an unfinished shell within a 2020 building. Metal siding, stucco, and veneer define the exterior, while interior construction remains under way. The owner will assist with finishing work, including walls, a drop ceiling, HVAC, and a restroom, allowing the space to be configured as open workspace or divided into multiple offices. Central air and electric heating are planned system features, and landscaping is included outside.

The property is in Portland near City Hall, the Community Center, and Humpal Physical Therapy. It is also less than 1/4 mile from Hwy. 181 amenities, including restaurants, shopping, Target, and Walmart. The 0.26-acre site provides a commercial setting for an office user seeking a space that can be finished around its operational needs.

Key Highlights

  • 1,250 square feet of office space
  • 0.26‑acre commercial site in Portland
  • Interior remains under construction for customized finishing

Property Analytics

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Current Use

Pat Farias: Allstate ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Hair Salon Dental Office

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby

Demographics for 78374, TX

20,281
Population
8,426
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
18.6 sq mi
ZIP Area
1,090
Density / Sq Mi
$81,580
Median Household Income
$43,110
Median Earnings
$1,492
Median Rent
$225,800
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial space offers customizable build-out with central HVAC and electric systems.
Where is this office units located?
The property is located at 205 Cedar Drive Portland, TX.
What is the lease rate?
The lease rate is $2,450/Mo.
What are key features of this property?
This property features: 1,250 square feet of office space; 0.26‑acre commercial site in Portland; Interior remains under construction for customized finishing
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